§ 82.29A.040. Counties and cities authorized to impose tax -- Maximum rate -- Credit -- Collection
The legislative body of any county or city is hereby authorized to levy and collect a leasehold excise tax on the act or privilege of occupying or using publicly owned real or personal property through a leasehold interest in publicly owned property within the territorial limits of such county or city. The tax levied by a county under authority of this section shall not exceed six percent and the tax levied by a city shall not exceed four percent of taxable rent: PROVIDED, That any county ordinance levying such tax shall contain a provision allowing a credit against the county tax for the full amount of any city tax imposed upon the same taxable event.
The department of revenue shall perform the collection of such taxes on behalf of such county or city.
[1975-'76 2nd ex.s. c 61 § 4.]
Sections: Previous 82.29A.010 82.29A.020 82.29A.030 82.29A.040 82.29A.050 82.29A.060 82.29A.070 82.29A.080 82.29A.090 82.29A.100 82.29A.110 82.29A.120 82.29A.130 82.29A.132 82.29A.134 NextLast modified: April 7, 2009