Iowa HF247 exempts the sales price of honeybees from the state sales and use tax.
Iowa HF247 amends the state code to exempt the sales price of honeybees from the state sales and use tax. This means that when honeybees are sold, the price will not be subject to the state's sales tax. Additionally, this exemption extends to the use tax, which applies to the use of taxable items in the state. The bill aims to support beekeepers by reducing their tax burden on honeybee sales.
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