Title X, FINANCIAL RESOURCES (Ch. 421 - 454)

1. a. A taxpayer whose property is subject to the statewide property tax shall report to the director by July 1, 1999, and by May 1 of each subsequent tax year, on forms prescribed by the director, the book value, as of the beginning and end of the preceding calendar year, of all…

The purposes of this chapter are to replace property taxes imposed on electric companies, natural gas companies, electric cooperatives, and municipal utilities with a system of taxation which will remove tax costs as a factor in a competitive environment by imposing like generati…

Except as provided in section 437A.16 , all property tax exemptions in the Code do not apply to property subject to the statewide property tax unless such exemptions expressly refer to the statewide property tax, except that if property was exempt from property tax on January 1, …

1. Each electric company, natural gas company, electric cooperative, municipal utility, and other person whose property is subject to the statewide property tax shall file with the director a return, on or before March 31 following the assessment year, including, but not limited …

1. Sections 437A.9 , 437A.10 , 437A.12 , 437A.13 , and 437A.14, subsection 1 , are applicable to electric companies, natural gas companies, electric cooperatives, municipal utilities, and persons whose property is subject to the statewide property tax. However, a required credit …

All revenues received from imposition of the statewide property tax shall be deposited in the general fund of the state. Fifty percent of the revenues shall be available, as appropriated by the general assembly, to the department of management for salaries, support, services, and…

Each electric company, natural gas company, electric cooperative, municipal utility, and other person who is subject to the replacement tax or the statewide property tax shall maintain records associated with the replacement tax and the assessed value of property subject to the s…

The director of revenue may adopt rules pursuant to chapter 17A for the administration and enforcement of this chapter . 98 Acts, ch 1194, §26, 40 ; 2003 Acts, ch 145, §286

As used in this chapter , unless the context otherwise requires: 1. a. “Assessed value” means the base year assessed value, as adjusted by section 437A.19, subsection 2 . (1) “Base year assessed value” , for a taxpayer other than an electric company, natural gas company, or elect…

1. A replacement delivery tax is imposed on every person who makes a delivery of electricity to a consumer within this state. The replacement delivery tax imposed by this section is equal to the sum of the following: a. The number of kilowatt-hours of electricity delivered to con…

1. A replacement delivery tax is imposed on every person who makes a delivery of natural gas to a consumer within this state. The replacement delivery tax imposed by this section shall be equal to the sum of the following: a. The number of therms of natural gas delivered to consu…

1. A replacement generation tax of six hundredths of a cent per kilowatt-hour of electricity generated within this state during the tax year is imposed on every person generating electricity, except electricity generated by the following: a. A low capacity factor electric power g…

1. a. A replacement transmission tax is imposed on every person owning or leasing transmission lines within this state and shall be equal to the sum of all of the following: (1) Five hundred fifty dollars per pole mile of transmission line owned or leased by the taxpayer not exce…

1. Each taxpayer, on or before March 31 following a tax year, shall file with the director a return including, but not limited to, the following information: a. The total taxable kilowatt-hours of electricity delivered by the taxpayer to consumers within each electric competitive…

1. As soon as practicable after a return required by section 437A.8, subsection 1 , is filed, and in any event within three years after such return is filed, the director shall examine the return, determine the tax due if the return is found to be incorrect, and give notice to th…

The purposes of this chapter are to replace property taxes imposed on rate-regulated water utilities with a system of taxation which will remove fluctuations in property taxes by imposing a system of taxation based on the delivery of water, to preserve revenue neutrality and debt…

1. a. If an amount of replacement tax, penalty, or interest has been paid which was not due under this chapter , a county treasurer to whom such erroneous payment was made shall do one of the following: (1) Credit the amount of the erroneous payment against any replacement tax du…

1. The director and the department of management shall compute the allocation of all replacement tax revenues among the local taxing districts in accordance with this section and shall report such allocation by local taxing districts to the county treasurers on or before August 1…

All operating property and all other property that is primarily and directly used in the delivery of water subject to replacement tax is exempt from taxation except as otherwise provided by this chapter . 2013 Acts, ch 94, §21, 35, 36 Referred to in §437B.2 , 437B.11 , 437B.14 , …

1. The director shall administer and enforce the replacement tax imposed by this chapter in the same manner as provided in and subject to sections 422.68 , 422.70 , 422.71 , and 422.75 . 2. The calculation of tax rates and adjustments to such rates by the director pursuant to thi…

An annual statewide property tax of three cents per one thousand dollars of assessed value is imposed upon all property described in section 437B.12 on the assessment date of January 1. 2013 Acts, ch 94, §23, 35, 36 Referred to in §441.21A , 443.2

1. a. A taxpayer whose property is subject to the statewide property tax shall report to the director by July 1, 2013, and by May 1 of each subsequent tax year, on forms prescribed by the director, the book value, as of the beginning and end of the preceding calendar year, of all…

Except as provided in section 437B.12 , all property tax exemptions in the Code do not apply to property subject to the statewide property tax unless such exemptions expressly refer to the statewide property tax, except that if property was exempt from property tax on January 1, …

1. Each water utility whose property is subject to the statewide property tax shall file with the director a return, on or before March 31 following the assessment year, including but not limited to the following information: a. The assessed value of property subject to the state…

1. Sections 437B.5 , 437B.6 , 437B.8 , and 437B.9 , and section 437B.10, subsection 1 , are applicable to water utilities whose property is subject to the statewide property tax. 2. a. Section 422.26 applies with respect to the statewide property tax and penalties imposed by this…

All revenues received from imposition of the statewide property tax shall be deposited in the general fund of the state. Fifty percent of the revenues shall be available, as appropriated by the general assembly, to the department of management for salaries, support, services, and…

As used in this chapter , unless the context otherwise requires: 1. “Centrally assessed property tax” means property tax imposed with respect to the value of property determined by the director pursuant to sections 428.24 through 428.26 , 428.28 , and 428.29, Code 2013 , and allo…

Each water utility that is subject to the replacement tax or the statewide property tax shall maintain records associated with the replacement tax and the assessed value of property subject to the statewide property tax for a period of five years following the later of the origin…

The director of revenue may adopt rules pursuant to chapter 17A for the administration and enforcement of this chapter . 2013 Acts, ch 94, §30, 35, 36

1. A replacement delivery tax is imposed on each water utility that delivers water to a consumer within the water utility’s service area. The replacement delivery tax imposed by this section is equal to the number of gallons of water delivered to consumers in the water utility’s …

1. Each taxpayer, on or before March 31 following a tax year, shall file with the director a return including but not limited to the following information: a. The total taxable gallons of water delivered by the water utility to consumers within the service area during the tax yea…

1. As soon as practicable after a return required by section 437B.4, subsection 1 , is filed, and in any event within three years after such return is filed, the director shall examine the return, determine the tax due if the return is found to be incorrect, and give notice to th…

1. Judicial review of the actions of the director may be sought pursuant to chapter 17A , the Iowa administrative procedure Act. 2. For cause and upon a showing by the director that collection of the tax in dispute is in doubt, the court may order the petitioner to file with the …

1. Whenever a taxpayer who is liable to pay a replacement tax imposed by this chapter refuses or neglects to pay such tax, the amount, including any interest, penalty, or addition to such tax, together with the costs that may accrue, shall be a lien in favor of the chief financia…

1. A notice authorized or required under this chapter may be given by mailing the notice to the taxpayer, addressed to the taxpayer at the address given in the last return filed by the taxpayer pursuant to this chapter , or if no return has been filed, then to the most recent add…

1. A taxpayer is subject to the penalty provisions in section 421.27 with respect to any replacement tax due under this chapter . A taxpayer shall also pay interest on the delinquent replacement tax at the rate in effect under section 421.7 for each month computed from the date t…

Every person, partnership, association, corporation, or syndicate engaged in the business of transporting or transmitting gas, gasoline, oils, or motor fuels by means of pipelines other than natural gas pipelines permitted pursuant to chapter 479 , whether such pipelines be owned…

The rules, method, and requirements herein provided to be made by the director of revenue shall be made and communicated in writing or printing to the said several pipeline companies, and shall be and become binding upon said pipeline companies as provided in chapter 17A ; provid…

If any pipeline company shall fail or refuse to obey and conform to the rules, method, and requirements so made and prescribed by the director of revenue under the provisions of this chapter , or to make the reports herein provided, the department shall proceed to assess the prop…

The department of revenue may demand, in writing, detailed, explanatory, and amended statements of any of the items mentioned in section 438.3 , or any other item deemed to be important, to be furnished to the department by such pipeline company within thirty days from such deman…

The said property shall be valued at its actual value, and the assessments shall be made upon the taxable value of the entire pipeline property within the state, except as otherwise provided, and the actual and taxable value so ascertained shall be assessed as provided by section…

The department of revenue shall on or before October 31 each year determine the value of pipeline property located in each taxing district of the state, and in fixing the value shall take into consideration the structures, equipment, pumping stations, etc., located in the taxing …

At the first meeting of the board of supervisors held after the statement of the department of revenue under section 438.14 is received by the county auditor, the board shall cause the same to be entered on its minute book, and make and enter in the minute book an order describin…

All such pipeline property shall be taxable upon said assessment at the same rates, by the same officers, and for the same purpose as the property of individuals within such counties, cities, townships and lesser taxing districts. [C31, 35, §7103-d16; C39, § 7103.16; C46, 50, 54,…

If said tax is not paid, the county treasurer shall collect the same by whatever method may seem proper. [C31, 35, §7103-d17; C39, § 7103.17; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §438.17 ]

If said tax is not paid within the fiscal year in which the same is due, the company shall not be permitted thereafter to use the public or private property of the state of Iowa, or to operate in Iowa for any purpose. [C31, 35, §7103-d18; C39, § 7103.18; C46, 50, 54, 58, 62, 66, …