Iowa Code § 452A.84
Transfer to marine fuel tax fund
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2025
As of January 1, 2012
The treasurer of state shall transfer from the motor fuel tax fund to the marine fuel tax fund that portion of moneys collected under this chapter attributable to motor fuel used in watercraft computed as follows:
The treasurer of state shall transfer from the motor fuel tax fund to the marine fuel tax fund that portion of moneys collected under this chapter attributable to motor fuel used in watercraft computed as follows:
1. Determine monthly the total amount of motor fuel tax collected under this chapter and multiply the amount by nine-tenths of one percent.
1. Determine monthly the total amount of motor fuel tax collected under this chapter, less refunds for motor fuel tax, and multiply the amount by nine-tenths of one percent.
2. Subtract from the figure computed pursuant to subsection 1 of this section three percent of the figure for administrative costs and further subtract from the figure the amounts refunded to commercial fishers pursuant to section 452A.17, subsection 1, paragraph “a”, subparagraph (7). All moneys remaining after claims for refund and the cost of administration have been made shall be transferred to the marine fuel tax fund.
2. Subtract from the figure computed pursuant to subsection 1 of this section three percent of the figure for administrative costs. All moneys remaining after claims for the costs of administration have been made shall be transferred to the marine fuel tax fund.
84 Acts, ch 1012, §1
84 Acts, ch 1012, §1
C93, §452A.84
C93, §452A.84
94 Acts, ch 1107, §71; 95 Acts, ch 155, §39, 44; 2006 Acts, ch 1179, §62, 66
94 Acts, ch 1107, §71; 95 Acts, ch 155, §39, 44; 2006 Acts, ch 1179, §62, 66; 2022 Acts, ch 1061, §70; 2023 Acts, ch 66, §104
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.