435.23  Exemptions--prorating tax.

The manufacturer's and dealer's inventory of mobile homes, manufactured homes, or modular homes* not in use as a place of human habitation shall be exempt from the annual tax. All travel trailers shall be exempt from this tax. The homes and travel trailers in the inventory of manufacturers and dealers shall be exempt from personal property tax. The homes coming into Iowa from out of state and located in a manufactured home community or mobile home park shall be liable for the tax computed pro rata to the nearest whole month, for the time the home is actually situated in Iowa.

Section History: Early form

  [C66, 71, 73, 75, 77, 79, 81, § 135D.23]

Section History: Recent form

  87 Acts, ch 210, § 2

  C93, § 435.23

  94 Acts, ch 1110, §10, 24; 2001 Acts, ch 153, §16

Internal References

  Referred to in § 331.559


  *See § 435.34

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