Bill Text: IA HF2478 | 2017-2018 | 87th General Assembly | Enrolled
Bill Title: A bill for an act amending the sales tax imposed on certain machinery, equipment, attachments, and replacement parts used in construction. (Formerly HSB 673.) Effective 7-1-18.
Spectrum: Committee Bill
Status: (Passed) 2018-05-16 - Signed by Governor. H.J. 997. [HF2478 Detail]
Download: Iowa-2017-HF2478-Enrolled.html
House File 2478 - Enrolled
HOUSE FILE
BY COMMITTEE ON WAYS AND
MEANS
(SUCCESSOR TO HSB 673)
\5
A BILL FOR
\1
House File 2478
AN ACT
AMENDING THE SALES TAX IMPOSED ON CERTAIN MACHINERY,
EQUIPMENT, ATTACHMENTS, AND REPLACEMENT PARTS USED IN
CONSTRUCTION.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. Section 423.3, subsection 2, Code 2018, is
amended to read as follows:
2. The sales price of sales for resale of tangible personal
property or taxable services, or for resale of tangible
personal property in connection with the furnishing of taxable
services except for sales, other than leases or rentals, which
are sales of machinery, equipment, attachments, and replacement
parts specifically enumerated in subsection 37 and used in the
manner described in subsection 37 or the purchase of tangible
personal property, the leasing or rental of which is exempted
from tax by subsection 49.
LINDA UPMEYER
CHARLES SCHNEIDE
CARMINE BOAL
KIM REYNOLDS
-1-
