Iowa § 434.16 Assessment of sleeping and dining cars

Iowa Statutes

§ 434.16 — Assessment of sleeping and dining cars

Iowa § 434.16

Title XFINANCIAL RESOURCES

Ch. 434RAILWAY COMPANIES TAX

This text of Iowa § 434.16 (Assessment of sleeping and dining cars) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 434.16 (2026).

Text

The department of revenue shall, at the time of the assessment of other railway property
for taxation, assess for taxation the average number of sleeping and dining cars as provided
in section 434.6 so used by such corporation each month and the assessed value of said cars
shall bear the same proportion to the entire value thereof that the monthly average number of
miles such cars have been run or operated within the state shall bear to the monthly average
number of miles such cars have been used or operated within and without the state. Such
valuation shall be in the same ratio as that of the property of individuals, and shall be added
to the assessed valuation of the corporation, fixed under section 434.15.

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The department of revenue shall, at the time of the assessment of other railway property
for taxation, assess for taxation the average number of sleeping and dining cars as provided
in section 434.6 so used by such corporation each month and the assessed value of said cars
shall bear the same proportion to the entire value thereof that the monthly average number of
miles such cars have been run or operated within the state shall bear to the monthly average
number of miles such cars have been used or operated within and without the state. Such
valuation shall be in the same ratio as that of the property of individuals, and shall be added
to the assessed valuation of the corporation, fixed under section 434.15.