HSB 225

Where it is now

1. ✓
   Done: IntroducedJanuary 26, 2023
2. ✓
   Done: SubcommitteeMarch 8, 2023
3. ✓
   Done: House committeeMarch 21, 2023
4. –
   Skipped: Passes the HouseContinued as HF 681
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Became HF 681 → Its progress continues under the new number. Go to HF 681 What’s a funnel?

What’s in it

Currently, a “designated exempt entity” may apply to the department of revenue, under certain circumstances, for the refund of sales or use tax upon the sales price of all sales of building materials, supplies, equipment, or from services furnished to a contractor, used in the performance of a written contract with the designated exempt entity. This bill also makes a county or district fair a designated exempt entity. This provision takes effect upon enactment and applies retroactively to January 1, 2021. The bill allows for refunds of taxes, interest, or penalties arising from claims resulting from the enactment of the bill. The bill limits the refund amount to $25,000 in the aggregate.

Changed since by amendment S-5193; see Amendments.

Full bill text · What changed before it passed¹

House subcommittee

Named March 8, 2023. On March 15, 2023 it recommended amendment and passage. Vote Total: 3-0.

• Rep. Megan Jones REmail
• Rep. Eric J. Gjerde DEmail
• Rep. Michael V. Sexton R

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

AI summary This bill exempts county and district fairs from paying state sales and use tax on certain goods and services. It is estimated to reduce revenues for the General Fund, the SAVE Fund, and LOST by $1.0 million, $0.2 million, and $0.2 million respectively for fiscal year 2025 through fiscal year 2029.²

From the note: House File 681 is estimated to reduce revenues to the General Fund, SAVE Fund, and LOST by the amounts in Figure 1.

• Final Fiscal Note — Sales Tax Refunds, County and District Fairs · April 26, 2024
• Sales Tax Refunds, County and District Fairs · April 20, 2024
• Sales Tax Refunds, County and District Fairs · April 1, 2024
• Sales Tax Refunds, County and District Fairs · March 31, 2023

Reading a fiscal note³

Iowa Code it changes

Amends§423.4

How the Code works⁴

Family tree