House File 2511 - Introduced



                                       HOUSE FILE       
                                       BY  DEYOE


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

                                      A BILL FOR

  1 An Act to repeal the excise tax on the handling of grain.
  2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  3 TLSB 5920YH 82
  4 mg/sc/24

PAG LIN



  1  1    Section 1.  Section 445.3, unnumbered paragraph 2, Code
  1  2 Supplement 2007, is amended to read as follows:
  1  3    The commencement of actions for ad valorem taxes authorized
  1  4 under this section shall not begin until the issuance of a tax
  1  5 sale certificate under the requirements of section 446.19.
  1  6 The commencement of actions for all other taxes authorized
  1  7 under this section shall not begin until ten days after the
  1  8 publication of tax sale under the requirements of section
  1  9 446.9, subsection 2.  This paragraph does not apply to the
  1 10 collection of ad valorem taxes under section 445.32, and grain
  1 11 handling taxes under section 428.35.
  1 12    Sec. 2.  Section 428.35, Code 2007, is repealed.
  1 13    Sec. 3.  Section 25B.7 does not apply to the provisions of
  1 14 this Act.
  1 15                           EXPLANATION
  1 16    This bill repeals the grain handling excise tax of
  1 17 one=fourth mill per bushel upon all grain handled.  For
  1 18 purposes of the tax, "handling or handled" means the receiving
  1 19 of grain at or in each elevator, warehouse, mill, processing
  1 20 plant, or other facility in this state in which it is received
  1 21 for storage, accumulation, sale, processing, or for any
  1 22 purpose whatsoever.  For purposes of the tax, "grain" means
  1 23 wheat, corn, barley, oats, rye, flaxseed, field peas,
  1 24 soybeans, grain sorghums, spelts, and such other products as
  1 25 are usually stored in grain elevators.
  1 26 LSB 5920YH 82
  1 27 mg/sc/24