Bill Text: IA HF2466 | 2011-2012 | 84th General Assembly | Enrolled
Bill Title: A bill for an act relating to veterans by making appropriations to the commission of veterans affairs for the provision of veterans services and by providing certain sales tax exemptions to qualified organizations representing veterans, and including effective date and retroactive applicability provisions. Effective 5-25-12.
Spectrum: Committee Bill
Status: (Passed) 2012-05-25 - Signed by Governor. H.J. 963. [HF2466 Detail]
Download: Iowa-2011-HF2466-Enrolled.html
House
File
2466
AN
ACT
RELATING
TO
VETERANS
BY
MAKING
APPROPRIATIONS
TO
THE
COMMISSION
OF
VETERANS
AFFAIRS
FOR
THE
PROVISION
OF
VETERANS
SERVICES
AND
BY
PROVIDING
CERTAIN
SALES
TAX
EXEMPTIONS
TO
QUALIFIED
ORGANIZATIONS
REPRESENTING
VETERANS,
AND
INCLUDING
EFFECTIVE
DATE
AND
RETROACTIVE
APPLICABILITY
PROVISIONS.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
35A.13,
subsection
4,
Code
Supplement
2011,
is
amended
to
read
as
follows:
4.
The
minimum
balance
of
the
trust
fund
required
prior
House
File
2466,
p.
2
to
expenditure
of
moneys
from
the
trust
fund
is
five
million
dollars.
Once
the
minimum
balance
is
reached,
the
interest
and
earnings
on
the
fund
and
any
moneys
received
under
subsection
2
,
paragraph
“a”
,
the
first
three
hundred
thousand
dollars
transferred
each
fiscal
year
pursuant
to
section
99G.9A
from
the
lottery
fund
to
the
trust
fund
are
appropriated
to
the
commission
to
be
used
to
achieve
the
purposes
of
this
section
.
Moneys
appropriated
to
the
commission
that
remain
unobligated
or
unexpended
at
the
end
of
each
fiscal
year
shall
revert
to
the
trust
fund.
It
is
the
intent
of
the
general
assembly
that
the
balance
in
the
trust
fund
reach
fifty
million
dollars.
Sec.
2.
Section
423.3,
subsection
78,
paragraph
c,
Code
Supplement
2011,
is
amended
to
read
as
follows:
c.
This
Except
as
otherwise
provided
in
section
423.3,
subsection
96,
this
exemption
does
not
apply
to
the
sales
price
from
games
of
skill,
games
of
chance,
raffles,
and
bingo
games
as
defined
in
chapter
99B
.
This
exemption
is
disallowed
on
the
amount
of
the
sales
price
only
to
the
extent
the
profits
from
the
sales,
rental,
or
services
are
not
used
by
or
donated
to
the
appropriate
entity
and
expended
for
educational,
religious,
or
charitable
purposes.
Sec.
3.
Section
423.3,
Code
Supplement
2011,
is
amended
by
adding
the
following
new
subsection:
NEW
SUBSECTION
.
96.
The
sales
price
from
raffles,
as
raffle
is
defined
in
section
99B.1,
if
the
raffle
provides
for
educational
scholarships
and
is
conducted
by
a
qualified
organization
representing
veterans
as
defined
in
section
99B.7B.
Sec.
4.
COMMISSION
OF
VETERANS
AFFAIRS.
There
is
appropriated
from
the
veterans
trust
fund,
created
in
section
35A.13,
to
the
commission
of
veterans
affairs
for
the
fiscal
year
beginning
July
1,
2011,
and
ending
June
30,
2012,
to
be
used
for
the
purposes
stated
in
section
35A.13,
subsection
6,
the
following
amount:
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
300,000
Sec.
5.
EFFECTIVE
UPON
ENACTMENT.
The
following
provision
or
provisions
of
this
Act,
being
deemed
of
immediate
importance,
take
effect
upon
enactment:
1.
The
section
of
this
Act
making
an
appropriation
to
the
commission
of
veterans
affairs
for
the
fiscal
year
beginning
July
1,
2011.
Sec.
6.
RETROACTIVE
APPLICABILITY.
The
following
provision
House
File
2466,
p.
3
or
provisions
of
this
Act
apply
retroactively
to
January
1,
2012,
to
all
such
raffles
occurring
on
or
after
that
date:
1.
The
sections
of
this
Act
amending
section
423.3.
______________________________
KRAIG
PAULSEN
Speaker
of
the
House
______________________________
JOHN
P.
KIBBIE
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
2466,
Eighty-fourth
General
Assembly.
______________________________
W.
CHARLES
SMITHSON
Chief
Clerk
of
the
House
Approved
_______________,
2012
______________________________
TERRY
E.
BRANSTAD
Governor
