This bill establishes a sales tax exemption period specifically for firearms, firearm accessories, ammunition, and gun safes, applicable to sales made on July 3, July 4, and July 5. The new legal language added to Section 423.3 of the Code 2025 introduces a new subsection that outlines this exemption, indicating that the sales price for these items will not be subject to sales tax during this designated period.

Additionally, the bill clarifies that items exempt from sales tax will also be exempt from the use tax, as per the existing provisions in Code section 423.6 and Code section 423.5. This legislative change aims to encourage the purchase of these items during the specified holiday period by alleviating the tax burden on consumers.

Statutes affected:
Introduced: 423.3