28A.17 - LOCAL SALES AND SERVICES TAX.
28A.17 LOCAL SALES AND SERVICES TAX.
If an authority is established as provided in section 28A.6 and
after approval of a referendum by a simple majority of votes cast in
each metropolitan area in favor of the sales and services tax, the
governing board of a county in this state within a metropolitan area
which is part of the authority shall impose, at the request of the
authority, a local sales and services tax at the rate of one-fourth
of one percent on the sales price taxed by this state under section
423.2, within the metropolitan area located in this state. The
referendum shall be called by resolution of the board and shall be
held as provided in section 28A.6 to the extent applicable. The
ballot proposition shall contain a statement as to the specific
purpose or purposes for which the revenues shall be expended and the
date of expiration of the tax. The local sales and services tax
shall be imposed on the same basis, with the same exceptions, and
following the same administrative procedures as provided for a county
under sections 423B.5 and 423B.6. The amount of the sale, for the
purposes of determining the amount of the local sales and services
tax under this section, does not include the amount of any local
sales and services tax imposed under sections 423B.5 and 423B.6.
The treasurer of state shall credit the local sales and services
tax receipts and interest and penalties to the authority's account.
Moneys in this account shall be remitted quarterly to the authority.
The proceeds of the tax imposed under this section shall be used only
for the construction, reconstruction, or repair of metropolitan
facilities as specified in the referendum. The local sales and
services tax imposed under this section may be suspended for not less
than a fiscal quarter or more than one year by action of the board.
The suspension may be renewed or continued by the board, but the
board shall act on the suspension at least annually. The local sales
and services tax may also be repealed by a petition and favorable
referendum following the procedures and requirements of sections
28A.5 and 28A.6 as applicable. The board shall give the department
of revenue at least forty days' notice of the repeal, suspension, or
reinstatement of the tax and the effective dates for imposition,
suspension, or repeal of the tax shall be as provided in section
423B.6. Section History: Recent Form
91 Acts, ch 198, §16
CS91, § 330B.17
C93, § 28A.17
2003 Acts, ch 145, § 286; 2003 Acts, 1st Ex, ch 2, §155, 205