House File 403 - Introduced



                                       HOUSE FILE       
                                       BY  HEATON


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

                                      A BILL FOR

  1 An Act providing for an assessment on ethanol for export, and
  2    providing penalties.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1790YH 82
  5 da/es/88

PAG LIN



  1  1    Section 1.  NEW SECTION.  185D.1  DEFINITIONS.
  1  2    As used in this chapter, unless the context otherwise
  1  3 requires:
  1  4    1.  "Assessment" means an excise tax on each gallon of
  1  5 ethanol produced in this state as provided in section 185D.2.
  1  6    2.  "Carrier" means a person involved in the movement of
  1  7 ethanol from a terminal who is not an owner of the ethanol.
  1  8    3.  "Department" means the department of revenue created in
  1  9 section 421.2.
  1 10    4.  "Ethanol" means the same as defined in section 214A.1.
  1 11    5.  "Export" means the delivery of ethanol across a
  1 12 boundary of this state by or for the seller or purchaser of
  1 13 ethanol, if the ethanol is produced in this state.
  1 14    6.  "Exporter" means a person who acquires ethanol in this
  1 15 state for export to another state.
  1 16    7.  "Production facility" means a plant in which ethanol is
  1 17 processed for any purpose.
  1 18    8.  "Terminal" means a storage and distribution facility
  1 19 for ethanol that is stored on=site or off=site in bulk and
  1 20 that is supplied to a carrier, including a vehicle, pipeline,
  1 21 or a marine vessel.
  1 22    Sec. 2.  NEW SECTION.  185D.2  ASSESSMENT == ETHANOL
  1 23 EXPORTS.
  1 24    An assessment is imposed on ethanol which is processed by a
  1 25 production facility located in this state, if the ethanol is
  1 26 exported.
  1 27    1.  The assessment shall be paid by an exporter on each
  1 28 gallon of ethanol exported to another state or another nation
  1 29 by the exporter or by a person acting on behalf of the
  1 30 exporter, as documented in an invoice maintained as part of
  1 31 the exporter's records as provided in section 185D.3.
  1 32    2.  The assessment shall be equal to one cent for each
  1 33 invoiced gallon of exported ethanol subject to the assessment.
  1 34    3.  An exporter shall file regular periodic returns with
  1 35 the department in a manner and according to procedures
  2  1 required by the department.
  2  2    a.  The filing period for returns shall be established by
  2  3 departmental rule, but shall not be more than once each month
  2  4 or less than once every three months, unless excused by the
  2  5 department.
  2  6    b.  The department shall to every extent practicable
  2  7 coordinate the filing requirements of this section with the
  2  8 requirements for other persons filing returns involving
  2  9 ethanol or ethanol blended products, including but not limited
  2 10 to exporters licensed pursuant to section 452A.4.
  2 11    c.  The department may require by rule that returns be
  2 12 filed by electronic transmission.
  2 13    d.  A return shall include a statement of the number of
  2 14 invoiced gallons of ethanol exported during the preceding
  2 15 filing period as provided in this section.  The exporter shall
  2 16 pay the department the full amount of assessment due for the
  2 17 preceding filing period.
  2 18    Sec. 3.  NEW SECTION.  185D.3  RECORDS.
  2 19    1.  A person who is an exporter, production facility,
  2 20 terminal, or carrier shall maintain records of all business
  2 21 transactions by which the ethanol stocks produced in this
  2 22 state are exported, as required by the department.  An
  2 23 exporter's records shall include all invoices accounting for
  2 24 the total number of gallons of ethanol exported for each
  2 25 filing period as provided in section 185D.2.  A person
  2 26 required to maintain records under this section shall maintain
  2 27 the records for at least three years.  However, the department
  2 28 may authorize the earlier disposal of the records upon the
  2 29 written request of the person, including after a departmental
  2 30 examination or audit.
  2 31    2.  Upon request by the department a person required to
  2 32 maintain records under this section shall make the records
  2 33 available to the department for examination or audit at the
  2 34 person's office during normal business hours.  If the person
  2 35 maintains the records outside of this state, the person shall
  3  1 make the records available for examination or audit by the
  3  2 department at the person's office outside this state without
  3  3 expense to the state.
  3  4    Sec. 4.  NEW SECTION.  185D.4  EXCEPTIONS.
  3  5    An exporter who exports less than fifty thousand gallons of
  3  6 ethanol per calendar year is not required to pay the
  3  7 assessment pursuant to section 185D.2, and the department may
  3  8 excuse the person from filing a return or maintaining records
  3  9 as otherwise provided in this chapter.
  3 10    Sec. 5.  NEW SECTION.  185D.5  DEPOSIT OF MONEYS.
  3 11    Moneys collected from the assessment imposed pursuant to
  3 12 section 185D.2 shall be deposited in the renewable fuel
  3 13 infrastructure fund created in section 15G.205.
  3 14    Sec. 6.  NEW SECTION.  185D.6  OFFENSES == PENALTIES.
  3 15    1.  A person shall not knowingly do any of the following:
  3 16    a.  Fail to file a return or submit an assessment as
  3 17 required in section 185D.2.
  3 18    b.  Fail to maintain materially complete and accurate
  3 19 records as required pursuant to section 185D.3.
  3 20    c.  Fail to allow for an examination or inspection of the
  3 21 person's records required to be maintained pursuant to section
  3 22 185D.3.
  3 23    2.  A person who violates a provision of this section is
  3 24 guilty of a serious misdemeanor.  Each day that a continuing
  3 25 violation occurs shall be considered a separate offense.
  3 26    Sec. 7.  NEW SECTION.  185D.7  REPEAL.
  3 27    This chapter is repealed on July 1, 2009.
  3 28                            EXPLANATION
  3 29    This bill creates a new Code chapter which imposes an
  3 30 assessment on ethanol that is produced in this state for
  3 31 export to another state.  The provisions of the Code chapter
  3 32 are to be administered by the department of revenue.  The
  3 33 amount of the assessment is 1 cent for each invoiced gallon of
  3 34 ethanol exported.  The bill establishes procedures for the
  3 35 filing of regular periodic returns with the department in a
  4  1 manner and according to procedures required by the department.
  4  2 The return must include a statement of the number of invoiced
  4  3 gallons of ethanol exported during the preceding filing
  4  4 period.
  4  5    The bill requires that the exporter and other persons who
  4  6 may be involved in an export transaction maintain records of
  4  7 their transactions.  The bill authorizes the department to
  4  8 examine and audit those records.
  4  9    The bill provides that an exporter who exports less than
  4 10 50,000 gallons of ethanol per calendar year is not required to
  4 11 pay the assessment, and the department may excuse the person
  4 12 from filing a return or maintaining records as otherwise
  4 13 provided in the bill.
  4 14    The bill provides that moneys collected from the assessment
  4 15 must be deposited in the renewable fuel infrastructure fund
  4 16 created in Code section 15G.205.
  4 17    The bill prohibits an exporter from knowingly failing to
  4 18 file a return or submit an assessment, prohibits an exporter
  4 19 or other person required to maintain records from failing to
  4 20 maintain complete and accurate records, and prohibits such
  4 21 persons from preventing the department from examining or
  4 22 auditing such records.  A person who violates a prohibition is
  4 23 guilty of a serious misdemeanor.  Each day that a continuing
  4 24 violation occurs shall be considered a separate offense.  A
  4 25 serious misdemeanor is punishable by confinement for no more
  4 26 than one year and a fine of at least $315 but not more than
  4 27 $1,875.
  4 28 LSB 1790YH 82
  4 29 da:nh/es/88.1