House Journal: Page 1540: Monday, April 17, 2000
18 derived from cereal grains, complies with American
19 society of testing materials designation D-4806-95b,
20 and may be denatured only as specified in Code of
21 Federal Regulations, Titles 20, 21, and 27. Alcohol
22 and denatured ethanol have the same meaning in this
23 chapter.
24 NEW SUBSECTION. 18A. "Racing fuel" means leaded
25 gasoline of one hundred ten octane or more that does
26 not meet American society of testing materials
27 designation D-4814 for gasoline and is sold in bulk
28 for use in nonregistered motor vehicles.
29 Sec. 34. Section 452A.2, subsection 17, paragraph
30 a, Code Supplement 1999, is amended to read as
31 follows:
32 a. All products commonly or commercially known or
33 sold as gasoline, including ethanol blended gasoline,
34 casinghead, and absorption or natural gasoline,
35 regardless of their classifications or uses, and
36 including transmix which serves as a buffer between
37 fuel products in the pipeline distribution process.
38 Sec. 35. Section 452A.3, subsection 5, paragraph
39 a, Code Supplement 1999, is amended by adding the
40 following new unnumbered paragraph:
41 NEW UNNUMBERED PARAGRAPH. Tax shall not be paid
42 when the sale of alcohol occurs within a terminal from
43 an alcohol manufacturer to an Iowa licensed supplier.
44 The tax shall be paid by the Iowa licensed supplier
45 when the invoiced gross gallonage of the alcohol or
46 the alcohol part of ethanol blended gasoline is
47 withdrawn from a terminal for delivery in this state.
48 Sec. 36. Section 452A.17, subsection 1, paragraph
49 a, Code Supplement 1999, is amended by adding the
50 following new subparagraph:
Page 16
1 NEW SUBPARAGRAPH. (10) Racing fuel.
2 Sec. 37. EFFECTIVE AND APPLICABILITY DATES. This
3 Act, being deemed of immediate importance, takes
4 effect upon enactment, except as follows:
5 1. Sections 15, 17, 19, 20, 22, 23, 24, 25, 26,
6 and 27 of this Act, amending Code sections 424.10,
7 424.12, 424.15, 427.1, 427.16, 427C.3, and 427C.7,
8 take effect January 1, 2001, and apply to claims filed
9 on or after that date.
10 2. Sections 30, 31, and 32 of this Act, amending
11 Code sections 450.4 and 450.10, take effect July 1,
12 2000, for estates of decedents dying on or after that
13 date.
14 3. Section 29 of this Act applies retroactively to
15 January 1, 2000, for tax years beginning on and after
16 that date."
© 2000 Cornell College and
League of Women Voters of Iowa
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