House File 175 - Introduced HOUSE FILE 175 BY DEYOE A BILL FOR An Act to repeal the excise tax on the handling of grain. 1 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 2 TLSB 1684YH (2) 84 da/sc
H.F. 175 Section 1. Section 445.3, unnumbered paragraph 2, Code 1 2011, is amended to read as follows: 2 The commencement of actions for ad valorem taxes authorized 3 under this section shall not begin until the issuance of a tax 4 sale certificate under the requirements of section 446.19. 5 The commencement of actions for all other taxes authorized 6 under this section shall not begin until ten days after the 7 publication of tax sale under the requirements of section 8 446.9, subsection 2. This paragraph does not apply to the 9 collection of ad valorem taxes under section 445.32 , and grain 10 handling taxes under section 428.35 . 11 Sec. 2. REPEAL. Section 428.35, Code 2011, is repealed. 12 Sec. 3. IMPLEMENTATION. Section 25B.7 does not apply to the 13 provisions of this Act. 14 EXPLANATION 15 This bill repeals the grain handling excise tax of 16 one-fourth mill per bushel upon all grain handled. For 17 purposes of the tax, “handling or handled” means the receiving 18 of grain at or in each elevator, warehouse, mill, processing 19 plant, or other facility in this state in which it is received 20 for storage, accumulation, sale, processing, or for any purpose 21 whatsoever. In addition, “grain” means wheat, corn, barley, 22 oats, rye, flaxseed, field peas, soybeans, grain sorghums, 23 spelts, and such other products as are usually stored in grain 24 elevators. 25 -1- LSB 1684YH (2) 84 da/sc 1/ 1