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Senate File 597 - EnrolledAn Actexempting from the sales tax certain items and services
sold or furnished to nonprofit blood centers.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. Section 423.3, subsection 26A, Code 2019, is
amended by striking the subsection and inserting in lieu
thereof the following:
26A. a. The sales price of tangible personal property sold
or of test laboratory services furnished, if such tangible
personal property or test laboratory services are sold or
furnished to a nonprofit blood center that is registered by the
federal food and drug administration, and the tangible personal
property or test laboratory services are directly and primarily
used in the processing of human blood.
b. As used in this subsection, “processing” means the
same as defined in section 423.3, subsection 47, except that
for purposes of the definition of “processing” used in this
subsection, a “manufacturer” shall be construed to include a
nonprofit blood center.
______________________________
CHARLES SCHNEIDERPresident of the Senate______________________________
LINDA UPMEYERSpeaker of the House I hereby certify that this bill originated in the Senate and is known as Senate File 597, Eighty-eighth General Assembly.______________________________
W. CHARLES SMITHSONSecretary of the SenateApproved _______________, 2019______________________________
KIM REYNOLDSGovernorjm/jh/mb
sold or furnished to nonprofit blood centers.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. Section 423.3, subsection 26A, Code 2019, is
amended by striking the subsection and inserting in lieu
thereof the following:
26A. a. The sales price of tangible personal property sold
or of test laboratory services furnished, if such tangible
personal property or test laboratory services are sold or
furnished to a nonprofit blood center that is registered by the
federal food and drug administration, and the tangible personal
property or test laboratory services are directly and primarily
used in the processing of human blood.
b. As used in this subsection, “processing” means the
same as defined in section 423.3, subsection 47, except that
for purposes of the definition of “processing” used in this
subsection, a “manufacturer” shall be construed to include a
nonprofit blood center.
______________________________
CHARLES SCHNEIDERPresident of the Senate______________________________
LINDA UPMEYERSpeaker of the House I hereby certify that this bill originated in the Senate and is known as Senate File 597, Eighty-eighth General Assembly.______________________________
W. CHARLES SMITHSONSecretary of the SenateApproved _______________, 2019______________________________
KIM REYNOLDSGovernorjm/jh/mb