Iowa HF541 creates a sales tax exemption for firearms, ammunition, firearm accessories, and gun safes sold on July 3, 4, or 5.

Iowa HF541 amends the Code to exempt sales of firearms, firearm accessories, ammunition, and gun safes from sales tax if the sales occur on July 3, 4, or 5. This exemption also applies to use tax under Code section 423.5. The bill adds a new subsection to Section 423.3, Code 2025, specifying the exemption period.

Iowa HF541 creates a sales tax exemption for firearms, ammunition, firearm accessories, and gun safes sold on July 3, 4, or 5.

Iowa HF541 amends the Code to exempt sales of firearms, firearm accessories, ammunition, and gun safes from sales tax if the sales occur on July 3, 4, or 5. This exemption also applies to use tax under Code section 423.5. The bill adds a new subsection to Section 423.3, Code 2025, specifying the exemption period.