Bill Text: IA SF2356 | 2013-2014 | 85th General Assembly | Introduced
Bill Title: A bill for an act exempting from the state sales tax the purchase price of tangible personal property sold and services furnished to a nonprofit food bank. (Formerly SF 2323.)
Spectrum: Committee Bill
Status: (Engrossed - Dead) 2014-04-24 - Subcommittee, Windschitl, Kelley, and Sands. H.J. 800. [SF2356 Detail]
Download: Iowa-2013-SF2356-Introduced.html
Senate
File
2356
-
Introduced
SENATE
FILE
2356
BY
COMMITTEE
ON
WAYS
AND
MEANS
(SUCCESSOR
TO
SF
2323)
A
BILL
FOR
An
Act
exempting
from
the
state
sales
tax
the
purchase
price
of
1
tangible
personal
property
sold
and
services
furnished
to
a
2
nonprofit
food
bank.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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S.F.
2356
Section
1.
Section
423.3,
Code
2014,
is
amended
by
adding
1
the
following
new
subsection:
2
NEW
SUBSECTION
.
101.
The
sales
price
from
the
sale
or
3
rental
of
tangible
personal
property,
or
services
furnished,
4
to
a
nonprofit
food
bank,
which
tangible
personal
property
5
or
services
are
to
be
used
by
the
nonprofit
food
bank
for
a
6
charitable
purpose.
For
purposes
of
this
subsection,
“nonprofit
7
food
bank”
means
an
organization
organized
under
chapter
504
8
and
qualifying
under
section
501(c)(3)
of
the
Internal
Revenue
9
Code
as
an
organization
exempt
from
federal
income
tax
under
10
section
501(a)
of
the
Internal
Revenue
Code
that
maintains
11
an
established
operation
involving
the
provision
of
food
or
12
edible
commodities
or
the
products
thereof
on
a
regular
basis
13
to
persons
in
need
or
to
food
pantries,
soup
kitchens,
hunger
14
relief
centers,
or
other
food
or
feeding
centers
that,
as
an
15
integral
part
of
their
normal
activities,
provide
meals
or
food
16
on
a
regular
basis
to
persons
in
need.
17
EXPLANATION
18
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
19
the
explanation’s
substance
by
the
members
of
the
general
assembly.
20
This
bill
exempts
from
the
sales
tax
the
purchase
price
from
21
the
sale
or
rental
of
tangible
personal
property,
or
services
22
furnished,
to
a
nonprofit
food
bank
if
the
property
or
services
23
are
to
be
used
by
the
nonprofit
food
bank
for
a
charitable
24
purpose.
“Nonprofit
food
bank”
is
defined
in
the
bill.
25
By
operation
of
Code
section
423.6,
an
item
exempt
from
the
26
imposition
of
the
sales
tax
is
also
exempt
from
the
use
tax
27
imposed
in
Code
section
423.5.
28
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