Text: S03361 Text: S03363 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 199, as amended, passed, and 1 2 reprinted, by the House, as follows: 1 3 #1. Page 1, by inserting before line 1 the 1 4 following: 1 5 "Section 1. Section 328.36, Code 1999, is amended 1 6 by striking the section and inserting in lieu thereof 1 7 the following: 1 8 328.36 STATE AVIATION FUND. 1 9 There is created a fund to be known as the state 1 10 aviation fund, which shall consist of all moneys 1 11 received by the department including the use tax 1 12 collected pursuant to section 423.7B, together with 1 13 all moneys appropriated to the fund by the state. 1 14 Unless otherwise provided, the fund is appropriated 1 15 for airport engineering studies, construction or 1 16 improvements. 1 17 Notwithstanding section 12C.7, subsection 2, 1 18 interest or earnings on investments or time deposits 1 19 of the moneys in the state aviation fund shall be 1 20 credited to the state aviation fund." 1 21 #2. Page 3, by inserting after line 10 the 1 22 following: 1 23 "Sec. . NEW SECTION. 423.7B AIRCRAFT SUBJECT 1 24 TO REGISTRATION. 1 25 The tax imposed upon the use of aircraft subject to 1 26 registration shall be paid by the owner of the 1 27 aircraft to the state department of transportation 1 28 from whom the registration receipt is obtained. A 1 29 registration receipt for an aircraft subject to 1 30 registration shall not be issued until the tax has 1 31 been paid. The state department of transportation 1 32 shall require every applicant for a registration 1 33 receipt for an aircraft subject to registration to 1 34 supply information as the director deems necessary as 1 35 to the time of purchase, the purchase price, and other 1 36 information relative to the purchase of the aircraft. 1 37 On or before the tenth day of each month the state 1 38 department of transportation shall remit to the 1 39 department the amount of the taxes collected during 1 40 the preceding month. 1 41 Sec. . Section 423.24, Code 1999, is amended by 1 42 adding the following new subsection: 1 43 NEW SUBSECTION. 2A. All revenues derived from the 1 44 use tax on aircraft subject to registration as 1 45 collected pursuant to section 423.7B shall be 1 46 deposited and credited to the state aviation fund 1 47 created in section 328.36. 1 48 Sec. . Section 452A.82, Code 1999, is amended 1 49 to read as follows: 1 50 452A.82 AVIATION FUEL TAX FUND. 2 1 The portion of the moneys collected under this 2 2 chapter received on account of aviation gasoline and 2 3 special fuel used in aircraft shall be deposited in a 2 4 separate fund to be maintained by the treasurer. All 2 5 moneys remaining in the separate fund after the cost 2 6 of administering the fund has been paid shall be 2 7 credited to thegeneral fund of thestate aviation 2 8 fund." 2 9 #3. Title page, line 2, by inserting after the 2 10 word "taxes" the following: "and the taxation of 2 11 aircraft fuel under the state motor fuel taxes". 2 12 2 13 2 14 2 15 MIKE CONNOLLY 2 16 HF 199.202 78 2 17 mg/gg
Text: S03361 Text: S03363 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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