New Legislation Repeals Sales Tax on Coin Laundry Service<\/strong><\/p>\n

Iowa Gov. Terry Branstad has signed a bill – sponsored by the Iowa Self-Service Laundry Association<\/a> – which repeals the sales tax on self-service laundries in that state.<\/p>\n

Before the passage of this bill, Iowa laundry owners had been paying nearly 9 percent of their gross sales each year to satisfy this tax. The governor’s signature caps off one of the largest legislative wins for the self-service laundry industry in years.<\/p>\n

The tax bill passed in the Iowa Senate 50-0, after sailing through the House of Representative by a wide 76-14 margin.<\/p>\n

“The whole process was a bit of a blur, and it took a ton of work from many more than just me,” noted ISSLA President Daryl Johnson. “We had some amazing owners spending a ton of time at the Capitol and digging deep to fund the fight.” <\/p>\n

The ISSLA spent approximately $35,000 during its five-year battle to repeal the tax.<\/p>\n

However, similar battles to keep self-service laundries exempt from sales tax are occurring more frequently each year. Essentially, due to the nature of the coin laundry business, these taxes become a direct income tax on laundry owners’ gross sales.<\/p>\n

For more information on how you can make a difference in this fight, visit: http:\/\/www.coinlaundry.org\/advocacy\/stop-laundry-tax<\/a>.<\/p>\n

#Public<\/a> #Advocacy<\/a> #IndustryNews<\/a> #News<\/a> #Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New Legislation Repeals Sales Tax on Coin Laundry Service Iowa Gov. Terry Branstad has signed a bill – sponsored by the Iowa Self-Service Laundry Association – which repeals the sales tax on self-service laundries in that state. Before the passage of this bill, Iowa laundry owners had been paying nearly 9 percent of their gross […]<\/p>\n","protected":false},"author":873,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[56],"tags":[],"class_list":["post-2764","post","type-post","status-publish","format-standard","hentry","category-industry-news"],"_links":{"self":[{"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/posts\/2764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/users\/873"}],"replies":[{"embeddable":true,"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/comments?post=2764"}],"version-history":[{"count":1,"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/posts\/2764\/revisions"}],"predecessor-version":[{"id":4712,"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/posts\/2764\/revisions\/4712"}],"wp:attachment":[{"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/media?parent=2764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/categories?post=2764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planetlaundry.com\/wp-json\/wp\/v2\/tags?post=2764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}