Senate File 2050

                                       SENATE FILE       
                                       BY  VEENSTRA

                                       (COMPANION TO LSB 5615HH
                                        BY MADDOX)


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act providing for an increase in the barrel tax.
  2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  3 TLSB 5615XS 80
  4 rn/sh/8

PAG LIN

  1  1    Section 1.  Section 123.136, unnumbered paragraph 1, Code
  1  2 2003, is amended to read as follows:
  1  3    In addition to the annual permit fee to be paid by all
  1  4 class "A" permittees under this chapter there shall be levied
  1  5 and collected from the permittees on all beer manufactured for
  1  6 sale or sold in this state at wholesale and on all beer
  1  7 imported into this state for sale at wholesale and sold in
  1  8 this state at wholesale, and from special class "A" permittees
  1  9 on all beer manufactured for consumption on the premises, a
  1 10 tax of five and eighty=nine eleven and seventy=eight
  1 11 hundredths dollars for every barrel containing thirty=one
  1 12 gallons, and at a like rate for any other quantity or for the
  1 13 fractional part of a barrel.  However, no tax shall be levied
  1 14 or collected on beer shipped outside this state by a class "A"
  1 15 permittee or sold by one class "A" permittee to another class
  1 16 "A" permittee.
  1 17                           EXPLANATION
  1 18    This bill provides for an increase in the tax levied on
  1 19 beer pursuant to the barrel tax imposed in Code section
  1 20 123.136 from the current rate of $5.89 for every barrel
  1 21 containing 31 gallons (adjusted at a like rate for any other
  1 22 quantity or for the fractional part of a barrel) to $11.78.
  1 23 This amounts to a doubling of the current rate of tax.
  1 24 LSB 5615XS 80
  1 25 rn/sh/8
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