Bill Text: IA SF30 | 2011-2012 | 84th General Assembly | Introduced
Bill Title: A bill for an act relating to the sales and use tax imposed on the operation of bingo games.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-12-31 - END OF 2011 ACTIONS [SF30 Detail]
Download: Iowa-2011-SF30-Introduced.html
Senate
File
30
-
Introduced
SENATE
FILE
30
BY
JOCHUM
A
BILL
FOR
An
Act
relating
to
the
sales
and
use
tax
imposed
on
the
1
operation
of
bingo
games.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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Section
1.
Section
423.2,
subsection
4,
paragraph
b,
Code
1
2011,
is
amended
to
read
as
follows:
2
b.
The
tax
imposed
under
this
subsection
covers
the
total
3
amount
from
the
operation
of
games
of
skill,
games
of
chance,
4
and
raffles,
and
bingo
games
as
defined
in
chapter
99B
,
card
5
game
tournaments
conducted
under
section
99B.7B
,
and
musical
6
devices,
weighing
machines,
shooting
galleries,
billiard
and
7
pool
tables,
bowling
alleys,
pinball
machines,
slot-operated
8
devices
selling
merchandise
not
subject
to
the
general
sales
9
taxes
,
the
total
amount
less
amounts
awarded
as
prizes
from
10
the
operation
of
bingo
games
as
defined
in
chapter
99B,
and
11
on
the
total
amount
from
devices
or
systems
where
prizes
12
are
in
any
manner
awarded
to
patrons
and
upon
the
receipts
13
from
fees
charged
for
participation
in
any
game
or
other
14
form
of
amusement,
and
generally
upon
the
sales
price
from
15
any
source
of
amusement
operated
for
profit,
not
specified
16
in
this
section
,
and
upon
the
sales
price
from
which
tax
is
17
not
collected
for
tickets
or
admission,
but
tax
shall
not
be
18
imposed
upon
any
activity
exempt
from
sales
tax
under
section
19
423.3,
subsection
78
.
Every
person
receiving
any
sales
price
20
from
the
sources
described
in
this
section
is
subject
to
all
21
provisions
of
this
subchapter
relating
to
retail
sales
tax
and
22
other
provisions
of
this
chapter
as
applicable.
23
EXPLANATION
24
This
bill
provides
that
the
sales
and
use
tax
imposed
on
the
25
operation
of
bingo
games
shall
be
on
the
gross
amount
less
the
26
amounts
awarded
as
prizes.
Current
law
imposes
the
tax
on
the
27
gross
amount
derived
from
the
bingo
games.
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