IA
Iowa House Bill HF996

Iowa 2025-2026 Regular Session

Iowa House Bill HF996

Introduced
4/7/25  
Engrossed
4/17/25  

Caption

A bill for an act providing a sales tax exemption for the furnishing of parking facilities services.(Formerly HSB 239.)

Impact

If enacted, HF996 will directly modify Section 423.2 of the Iowa Code to exempt the sales price of parking facility services from the sales tax. This change could prompt shifts in pricing structures among parking service providers and potentially increase the foot traffic in urban centers, as lower associated costs may lead to greater usage of these facilities. Additionally, this exemption may elevate the competitive edge of parking businesses in Iowa compared to those in neighboring states that do not have similar tax exemptions.

Summary

House File 996 proposes a sales tax exemption for services related to parking facilities in Iowa. The primary objective of this bill is to alleviate the financial burden on businesses and consumers utilizing parking services by exempting these transactions from sales tax. This change is specifically aimed at encouraging the use of parking facilities, which can improve local economies and support businesses in metropolitan areas heavily reliant on parking infrastructure.

Contention

Discussions around HF996 are likely to include points of contention regarding revenue loss for state and local governments due to the sales tax exemption. Critics may argue that such a tax exemption could adversely affect funding for public services that rely on sales tax revenue. Supporters of the bill, however, might highlight the potential for greater business development and economic stimulus in areas where parking facilities serve as crucial infrastructure. Balancing the economic benefits against potential revenue implications will be a pertinent topic in legislative discussions.

Companion Bills

IA HSB239

Related A bill for an act providing a sales tax exemption for the furnishing of parking facilities services.(See HF 996.)

Previously Filed As

IA HF678

A bill for an act providing a sales and use tax exemption for the furnishing of certain parking facilities services.(Formerly HSB 231.)

IA HF2096

A bill for an act providing a sales tax exemption for the furnishing of parking facilities services.

IA HSB231

A bill for an act providing a sales and use tax exemption for the furnishing of certain parking facilities services.(See HF 678.)

IA HF2635

A bill for an act relating to the sales tax exemption for the purchase of central office equipment or transmission equipment used by certain entities primarily in the furnishing of telecommunications services on a commercial basis.(Formerly HSB 681.)

IA HF722

A bill for an act expanding the sales and use tax exemption allowed for nonprofit blood centers.(Formerly HSB 247; See HF 2628.)

IA HF2628

A bill for an act expanding the sales and use tax exemption allowed for nonprofit blood centers.(Formerly HF 722, HSB 247.)

IA HF2625

A bill for an act relating to the sales tax imposed on amusement devices.(Formerly HF 276, HSB 60.)

IA HF276

A bill for an act relating to the sales tax imposed on amusement devices.(Formerly HSB 60; See HF 2625.)

IA HF676

A bill for an act exempting the sales price of honey bees from the state sales and use tax.(Formerly HF 457; See HF 2627.)

IA HF2627

A bill for an act exempting the sales price of honey bees from the state sales and use tax.(Formerly HF 676, HF 457.)

Similar Bills

No similar bills found.