Senate File 124 - Introduced




                                 SENATE FILE       
                                 BY  COMMITTEE ON COMMERCE

                                 (SUCCESSOR TO SSB
                                     1034)

                                      A BILL FOR

  1 An Act concerning the reporting and payment of wine gallonage
  2    sales and taxes.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
    TLSB 1198SV (1) 86
    ec/nh

PAG LIN



  1  1    Section 1.  Section 123.184, Code 2015, is amended to read
  1  2 as follows:
  1  3    123.184  Report of gallonage sales == penalty.
  1  4    1.  Each class "A" wine permit holder on or before the tenth
  1  5 day of each calendar month commencing on the tenth day of the
  1  6 calendar month following the month in which the person is
  1  7 issued a permit, shall make a report under oath to the division
  1  8 electronically, or in a manner prescribed by the administrator,
  1  9 showing the exact number of gallons of wine and fractional
  1 10 parts of gallons, sold by that permit holder during the
  1 11 preceding calendar month. The report also shall state whatever
  1 12 reasonable additional information the administrator requires.
  1 13 The permit holder at the time of filing this report shall pay
  1 14 to the division the amount of tax due at the rate fixed in
  1 15 section 123.183. A penalty of ten percent of the amount of the
  1 16 tax shall be assessed and collected if the report required to
  1 17 be filed pursuant to this subsection is not filed and the tax
  1 18 paid within the time required by this section subsection.
  1 19    2.  Each wine direct shipper license holder shall make
  1 20 a report under oath to the division electronically, or in
  1 21 a manner prescribed by the administrator, on or before the
  1 22 tenth day of the calendar months of June and December, showing
  1 23 the exact number of gallons of wine and fractional parts of
  1 24 gallons sold and shipped pursuant to section 123.187 during
  1 25 the preceding six=month calendar period. The report shall
  1 26 also state whatever reasonable additional information the
  1 27 administrator requires.  The license holder at the time of
  1 28 filing this report shall pay to the division the amount of tax
  1 29 due at the rate fixed in section 123.183. A penalty of ten
  1 30 percent of this amount shall be assessed and collected if the
  1 31 report required to be filed pursuant to this subsection is
  1 32 not filed and the tax paid within the time required by this
  1 33 subsection.
  1 34    Sec. 2.  Section 123.187, subsection 4, paragraph a, Code
  1 35 2015, is amended to read as follows:
  2  1    a.  In addition to the annual license fee, a wine direct
  2  2 shipper licensee shall remit to the division an amount
  2  3 equivalent to the wine gallonage tax on wine subject to direct
  2  4 shipment at the rate specified in section 123.183 for deposit
  2  5 as provided in section 123.183, subsections 2 and 3. The
  2  6 amount shall be remitted at the same time and in the same
  2  7  manner as provided in section 123.184, subsection 2, and the
  2  8 ten percent penalty specified therein shall be applicable.
  2  9                           EXPLANATION
  2 10 The inclusion of this explanation does not constitute agreement with
  2 11 the explanation's substance by the members of the general assembly.
  2 12    This bill provides that each wine direct shipper licensee
  2 13 shall report wine gallonage sales and pay the wine gallonage
  2 14 tax every six months, in June and December, instead of every
  2 15 month.
       LSB 1198SV (1) 86
       ec/nh