§ 357A.15 — Taxing prohibited — refunds

Iowa § 357A.15

• Jurisdiction: Iowa
• Title IX: LOCAL GOVERNMENT
• Ch. 357A: RURAL WATER SERVICE PROVIDERS

Text

1. A district shall not have power to levy any taxes. The facilities constructed or otherwise
acquired by a district, including but not limited to ponds, reservoirs, pipelines, wells, check
dams, and pumping installations, the revenues obtained by the district from the sale of water,
§357A.15, RURAL WATER SERVICE PROVIDERS 8
and the revenue bonds or notes, or interest from the revenue bonds or notes, issued by a
district shall not be taxable in any manner by the state or any of its political subdivisions.
2. A rural water district organized under chapter 504 shall receive a refund of sales or use
taxes upon submitting an application to the department of revenue for the refund of taxes
imposed upon the sales price of all sales of building materials, supplies, or equipment sold to
a contractor or used in the fulfillment of a written contract for the construction of facilities
for the rural water district to the same extent as a rural water district organized under this
chapter may obtain a refund under section 423.4, subsection 1.

Legislative History

[C71, 73, 75, 77, 79, 81, §357A.15]