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House File 681 - IntroducedA Bill ForAn Act 1exempting from the sales and use tax the sales price of
2tangible personal property or specified digital products
3sold and services furnished to a county or district fair.
4BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 423.3, subsection 23, Code 2023, is
2amended to read as follows:
323. The sales price of tangible personal property or
4specified digital products sold, or of services furnished, if
5such tangible personal property, specified digital products, or
6services are sold to or by a fair organized under chapter 174.
7EXPLANATION
8The inclusion of this explanation does not constitute agreement with
9the explanation’s substance by the members of the general assembly.
10This bill exempts from the state sales and use tax the
11sales price of tangible personal property or specified digital
12products sold and services furnished to a county or district
13fair. Currently, the sales price of tangible personal property
14or specified digital products sold or services furnished by a
15county or district fair is exempt from the sales and use tax.
16By operation of Code section 423.6, an item exempt from the
17imposition of the sales tax is also exempt from the use tax
18imposed in Code section 423.5.
-1-jm/jh
2tangible personal property or specified digital products
3sold and services furnished to a county or district fair.
4BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 423.3, subsection 23, Code 2023, is
2amended to read as follows:
323. The sales price of tangible personal property or
4specified digital products sold, or of services furnished, if
5such tangible personal property, specified digital products, or
6services are sold to or by a fair organized under chapter 174.
7EXPLANATION
8The inclusion of this explanation does not constitute agreement with
9the explanation’s substance by the members of the general assembly.
10This bill exempts from the state sales and use tax the
11sales price of tangible personal property or specified digital
12products sold and services furnished to a county or district
13fair. Currently, the sales price of tangible personal property
14or specified digital products sold or services furnished by a
15county or district fair is exempt from the sales and use tax.
16By operation of Code section 423.6, an item exempt from the
17imposition of the sales tax is also exempt from the use tax
18imposed in Code section 423.5.
-1-jm/jh