HF 2627 (LSB 2283HZ (2) 90)

HOUSE FILE 2627

BY  COMMITTEE ON WAYS AND MEANS

(SUCCESSOR TO HF 676)
(SUCCESSOR TO HF 457)

A BILL FOR

An Act exempting the sales price of honey bees from the state sales and use tax.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 423.3, Code 2024, is amended by adding the following new subsection:
   NEW SUBSECTION.  110.  The sales price of honey bees.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill exempts the sales price of honey bees from the state sales and use tax.
   By operation of Code section 423.6, an item exempt from the imposition of the sales tax is also exempt from the use tax imposed in Code section 423.5.