Bill Text: IA HF2478 | 2017-2018 | 87th General Assembly | Enrolled

Iowa House Bill 2478 (Prior Session Legislation)

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.

Sponsorship: 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

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