This bill proposes an amendment to Section 423.3 of the Iowa Code, specifically by adding a new subsection that exempts the sales price of honeybees from the state sales and use tax. The bill clarifies that this exemption applies to both sales tax and use tax, as items exempt from sales tax are also exempt from use tax under Code section 423.6.

The intent of the legislation is to support beekeeping and the sale of honeybees by removing the financial burden of sales and use tax on these transactions. This move is expected to encourage the growth of the beekeeping industry in Iowa.

Statutes affected:
Introduced: 423.3