Bills › 89th General Assembly

HF 2121Died when the session ended · January 26, 2022

Creating a sales tax exemption period for certain weapons

Topics:FirearmsTaxes

Where it is now

  1. Done: IntroducedJanuary 26, 2022
  2. Stopped: SubcommitteeDied when the General Assembly ended
  3. Next: House committee
  4. Next: Passes the House
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

AI summary People buying guns and ammunition would not have to pay sales or use tax during certain days around the Fourth of July. The specific days for this tax break depend on which day of the week the holiday falls on.1

Read the official explanation

This bill creates a sales tax exemption period for sales purchases of a firearm including ammunition, if the sales are made during the period surrounding Independence Day, as follows: if July falls on a Friday, Saturday, Sunday, Monday, or Tuesday, beginning at 12:01 a.m. on July or the Friday preceding July 4, as applicable, and ending hours after the beginning; or if July falls on a Wednesday or Thursday, beginning at 12:01 a.m. on the Friday after July 4, and ending hours after the beginning. By operation of Code section 423.6, an item exempt from the imposition of the sales tax is also exempt from the use tax imposed in Code section 423.5.

Full bill text2

Iowa Code it changes

Amends§423.3

How the Code works3

Lobbying

1 for · 4 against · 1 undecided · Who →

Family tree

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None got through a chamber.

  • HSB 648 HSB 648
    88th General Assembly · Subcommittee recommends passage · nearly identical
    Cleared committee

Matched by wording or an identical title.