Text: SF02090 Text: SF02092 Text: SF02000 - SF02099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 321.463, Code Supplement 1995, is
1 2 amended by adding after unnumbered paragraph 6 the following
1 3 new unnumbered paragraph:
1 4 NEW UNNUMBERED PARAGRAPH. In addition, the weight on any
1 5 one axle, including a tandem axle, of a vehicle which is
1 6 transporting grain or livestock during the period beginning
1 7 January 1, 1996, and ending December 31, 1998, may exceed the
1 8 legal maximum weight otherwise allowed under this chapter by
1 9 ten percent if the gross weight on any particular group of
1 10 axles on the vehicle does not exceed the gross weight allowed
1 11 under this chapter for that group of axles plus ten percent of
1 12 such gross weight. However, if the vehicle exceeds the ten
1 13 percent tolerance allowed for any one axle or tandem axle
1 14 under this paragraph, the fine to be assessed for the axle or
1 15 tandem axle shall be computed on the difference between the
1 16 actual weight and the ten percent tolerance weight allowed for
1 17 the axle or tandem axle under this paragraph. This paragraph
1 18 applies only to vehicles operating along a route of travel
1 19 approved by the department.
1 20 Sec. 2. NEW SECTION. 434.15A EXEMPTION FOR INCREASED USE
1 21 OF GRAIN CARS.
1 22 If the number of grain cars used to transport grain from an
1 23 Iowa site during the 1996 or 1997 calendar year exceeds the
1 24 number of grain cars used to transport grain from an Iowa site
1 25 during the 1995 calendar year, the assessed value of railway
1 26 property taxable in this state which is attributable to the
1 27 increased number of grain cars is exempt from property taxes
1 28 payable in the fiscal year beginning in the following calendar
1 29 year. The assessed valuation attributable to the increased
1 30 number of grain cars shall be computed pursuant to the method
1 31 established by the director. The railway may appeal the
1 32 method for determining the assessed valuation in the same
1 33 manner as is provided for appealing valuations made by the
1 34 director on property under this chapter.
1 35 Sec. 3. Section 434.23, Code 1995, is amended by striking
2 1 the section and inserting in lieu thereof the following:
2 2 434.23 RATES – PURPOSES.
2 3 1. All of the railway property shall be taxable upon its
2 4 assessment at the same rates, by the same officers, and for
2 5 the same purpose as the property of individuals within the
2 6 counties, cities, townships, and lesser taxing districts,
2 7 except as provided in subsections 2 and 3.
2 8 2. The total taxes on railway property of a railway
2 9 company of all taxing districts in a county which are due and
2 10 payable in the fiscal year beginning July 1, 1996, July 1,
2 11 1997, or July 1, 1998, shall not exceed the amount of taxes
2 12 which were due and payable on railway property of a railway
2 13 company in the fiscal year beginning July 1, 1995. If the
2 14 total taxes due and payable in the fiscal year will exceed
2 15 those taxes due and payable in the fiscal year beginning July
2 16 1, 1995, the county treasurer shall proportionately reduce the
2 17 rates of each taxing district so that the total taxes due and
2 18 payable in the fiscal year do not exceed those due and payable
2 19 in the fiscal year beginning July 1, 1995.
2 20 3. The total taxes on railway property of a railway
2 21 company of all taxing districts in a county which are due and
2 22 payable in the fiscal year beginning July 1, 1996, as
2 23 determined pursuant to subsections 1 and 2, shall be reduced
2 24 by a percentage, not in excess of twenty-five percent, equal
2 25 to the percentage increase in the number of grain cars used by
2 26 the railway company to transport grain from an Iowa site
2 27 during the period January 1, 1996, to April 1, 1996, compared
2 28 to the number of grain cars used by the railway company to
2 29 transport grain from an Iowa site during the same period in
2 30 the 1995 calendar year. However, if the percentage increase
2 31 in grain cars used is ten percent or more for the first three
2 32 months of the 1996 calendar year compared to the same period
2 33 of the 1995 calendar year the percentage reduction in property
2 34 taxes shall be the greater of fifteen percent or the
2 35 percentage amount of increase in the number of grain cars
3 1 derived under this subsection, increased by five percentage
3 2 points, which reduction in taxes may be a maximum of thirty
3 3 percent.
3 4 Sec. 4. NEW SECTION. 434.24 GRAIN CAR REVIEW COMMITTEE.
3 5 1. A grain car review committee is established consisting
3 6 of the following:
3 7 a. An employee of the state department of transportation
3 8 appointed by the director of transportation who shall be the
3 9 chairperson.
3 10 b. A person appointed by the secretary of agriculture.
3 11 c. An employee of the department of management appointed
3 12 by the director of the department of management.
3 13 d. A person appointed by the Iowa institute for
3 14 cooperatives.
3 15 e. A person appointed by the governor to represent the
3 16 railroads.
3 17 2. The committee shall review the situation relating to
3 18 the sufficiency of grain cars in the state and the effect of
3 19 the enactment of section 434.15A and amendments to section
3 20 434.23 on the availability of grain cars. A report of this
3 21 review shall be provided each year by January 15 to the
3 22 governor and general assembly.
3 23 3. As part of its review under subsection 2, the committee
3 24 shall analyze the effect on the increase in the gross weight
3 25 limit by ten percent on trucks which haul grain or livestock.
3 26 4. This section is repealed January 31, 1999.
3 27 Sec. 5. This Act, being deemed of immediate importance,
3 28 takes effect upon enactment.
3 29 EXPLANATION
3 30 The bill provides that property taxes payable in fiscal
3 31 years beginning July 1, 1996, July 1, 1997, and July 1, 1998,
3 32 by a railway company shall not exceed that paid in the fiscal
3 33 year beginning July 1, 1995. In addition, the property tax
3 34 for the fiscal year beginning July 1, 1996, may be reduced, by
3 35 up to 25 percent, for the percent increase in the number of
4 1 grain cars used in transporting grain in Iowa between January
4 2 1, 1996, and April 1, 1996, compared to the same period in
4 3 1995. The maximum reduction may be 30 percent if the increase
4 4 is 10 percent during the first three calendar months.
4 5 The bill increases the maximum gross weight of trucks that
4 6 transport grain or livestock during the period between January
4 7 1, 1996, and December 31, 1998, by 10 percent.
4 8 The bill takes effect upon enactment.
4 9 LSB 3861XS 76
4 10 mg/cf/24
Text: SF02090 Text: SF02092 Text: SF02000 - SF02099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
Iowa General Assembly
Search: Senate Bills and Amendments (76th General Assembly)
© 1996 Cornell College and League of Women Voters of Iowa
Comments? webmaster@legis.iowa.gov.
Last update: Mon Mar 4 09:39:45 CST 1996
URL: /DOCS/GA/76GA/Legislation/SF/02000/SF02091/960125.html
jhf