HSB 615

Where it is now

1. ✓
   Done: IntroducedJanuary 26, 2022
2. ✓
   Done: SubcommitteeJanuary 26, 2022
3. ✓
   Done: House committeeFebruary 22, 2022
4. –
   Skipped: Passes the HouseContinued as HF 2520
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Became HF 2520 → Its progress continues under the new number. Go to HF 2520 What’s a funnel?

What’s in it

This bill exempts from the state sales and use tax the purchase price of specified digital products, prewritten computer software, and related services sold to public utilities. The bill expands the definition of “commercial enterprise” to include a “public utility” as defined in Code section 476.1(3). As a result, the sales price of specified digital products, prewritten computer software, and other enumerated digital and computer services furnished to a public utility are exempt from the sales tax, if exclusively used by the public utility. 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. The bill takes effect January 1, 2023.

Full bill text¹

House subcommittee

Named January 26, 2022. On February 9, 2022 it recommended passage. Vote Total: 3-0.

• Rep. David E. Maxwell R
• Rep. Jane Bloomingdale REmail
• Rep. Dave Jacoby DEmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

House File 2520 will reduce revenues to the General Fund and local option sales tax (LOST) by the estimated amounts listed below.General Fund LOST FY 2023 130,000$ 20,000$ FY 2024 230,000 40,000 FY 2025 240,000 40,000 FY 2026 240,000 40,000 FY 2027 250,000 40,000 Estimated Revenue Reduction of HF 2520 Fiscal Note Fiscal Services Division 2

• Sales Tax Exemption, Digital Goods · February 28, 2022

Reading a fiscal note²

Iowa Code it changes

Amends§423.3

How the Code works³

Family tree