Proyectos de ley › 90.ª Asamblea General

SF 394Murió al terminar la sesión · 8 de marzo de 2023

Exempting from the state sales and use tax the sales price of lodging supplies sold to a lodging provider

Temas:Business & economyTaxes

La misma legislación: HF 544

Dónde está ahora

  1. Hecho: Presentado23 de febrero de 2023
  2. Hecho: Subcomité23 de febrero de 2023
  3. Se detuvo: Comité del SenadoMurió al terminar la Asamblea General
  4. Sigue: Lo aprueba el Senado
  5. Sigue: Comité de la Cámara
  6. Sigue: Lo aprueba la Cámara
  7. Sigue: A gobernador(a)
  8. Sigue: Firmado como ley

Murió al terminar la sesión La sesión de 2024 terminó el 19 de abril de 2024, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?

Qué contiene

Resumen con IA People who run hotels or other places to stay would no longer have to pay state sales or use tax on certain supplies. This tax break only applies to supplies that are used by the people staying at the lodging. (Todavía no está traducido al español.)1

Lea la explicación oficial (en inglés)

This bill exempts from the state sales and use tax the sales price of lodging supplies sold to a lodging provider. Under the bill, such lodging supplies are exempt if the lodging supplies are consumed or used by the customer of the lodging provider. The bill defines customer, lodging provider, and lodging supplies. 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.

Texto completo del proyecto (en inglés)2

Senate subcommittee

Named February 23, 2023. On March 8, 2023 it recommended amendment and passage. [].

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

Nota fiscal

Resumen con IA Senate File 394 exempts certain lodging supplies, such as toiletries, towels, and utilities, from sales and use tax when they are used by customers. This bill is estimated to reduce revenues for the state's General Fund, the Secure an Advanced Vision for Education (SAVE) Fund, and the local option sales tax (LOST). The estimated reductions to the General Fund are $6.0 million in fiscal year 2024, $6.1 million in fiscal year 2025, $6.2 million in fiscal year 2026, $6.4 million in fiscal year 2027, and $6.5 million in fiscal year 2028. (en inglés)3

Lea la nota fiscal (en inglés)

Description

Senate File 394 exempts lodging supplies sold to a lodging provider from sales and use tax if the lodging supplies are consumed or used by customers.

The definition of “lodging supplies” includes toilet tissue, facial tissue, shampoo, conditioner, complimentary toiletries, running water, electrical service provided to a guest room, bottled water, towels, sheets, blankets, pillows, wrapped glasses, coffee cups, Internet service, television service, pens, paper, phone service, and cleaning supplies.

Background

According to the Iowa Hotel and Lodging Association website, there are 714 hotel properties in the State with more than 51,000 guest rooms.

According to the Energy Star Hotels: An Overview of Energy Use and Energy Efficiency Opportunities report, hotels spend approximately $2,000 per available room each year on energy costs.

Assumptions

  • The Bill is effective July 1, 2023 (FY 2024).
  • Based on Department of Revenue research, lodging supplies as defined in the Bill comprise approximately 10.0% of sales reported on tax returns by hotels and motels.
  • Growth trends in future fiscal years are based on the Consumer Price Index (CPI-U) less food and energy average estimated increases of 2.0% from FY 2024 to FY 2028.

Fiscal Impact

Senate File 394 would reduce revenues to the General Fund, Secure an Advanced Vision for Education (SAVE) Fund, and local option sales tax (LOST) by the estimated amounts listed below.

Table 1 — Fiscal Impact of SF 394 (in millions)General Fund SAVE LOST 2024 -6.0$ -1.2$ -1.2$ 2025 -6.1 -1.2 -1.2 2026 -6.2 -1.2 -1.2 2027 -6.4 -1.3 -1.2 2028 -6.5 -1.3 -1.3

Source

  • Department of Revenue

Cómo leer una nota fiscal4

Lo que cambia del Código de Iowa (Iowa Code)

Modifica§423.3

Cómo funciona el Código5

Cabildeo

1 a favor · 0 en contra · 5 indecisos · Quiénes →

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