reglab/housing_qa huggingface dataset:
IA Code § 450.81 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.81 - Duty of recorder.

450.81 Duty of recorder.   Each county recorder shall, upon the filing in the recorder’s office of a deed, bill of sale, or other transfer of any description which shows upon its face that it was made or intended to take effect in possession or enjoyment at or after the death of the maker of the instrument, forward to the department of revenue a copy of the instrument.  [C24, 27, 31, 35, 39, §7385; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.81]  91 Acts, ch 191, §119; 2003 Acts, ch 145, §286  Referred to in §331.602
IA Code § 450.84 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.84 - Costs charged against estate — exceptions.

450.84 Costs charged against estate — exceptions.   If an estate or interest in an estate passes so as to be liable to taxation under this chapter, all costs of the proceedings for the assessment of the tax are chargeable to the estate as other costs in probate proceedings and, to discharge the lien, all costs as well as the taxes must be paid. In all other cases the costs are to be paid as ordered by the court. When a decision adverse to the state has been rendered, with an order that the state pay the costs, the clerk of the court in which the action was pending shall certify the amount of the costs to the director of revenue, who shall, if the costs are correctly certified and the case has been finally terminated and the tax, if any is due, has been paid, audit the claim and direct the department of administrative services to issue a warrant on the treasurer of state in payment of the costs.  [S13, §1481-a35; C24, 27, 31, 35, 39, §7388; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.84]  88 Acts, ch 1134, §84; 2003 Acts, ch 145, §260  Referred to in §450.85
IA Code § 450.85 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.85 - Appropriation.

450.85 Appropriation.   There is hereby appropriated out of any funds in the state treasury not otherwise appropriated a sum sufficient to carry out the provisions of section 450.84.  [C27, 31, 35, §7388-a1; C39, §7388.1; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.85]
IA Code § 450.86 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.86 - Securities and assets held by bank, etc.

450.86 Securities and assets held by bank, etc. Repealed by 97 Acts, ch 60, §1, 2.
IA Code § 450.87 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.87 - Transfer of corporation stock.

450.87 Transfer of corporation stock.   If a foreign personal representative assigns or transfers any corporate stock or obligations in this state standing in the name of a decedent or in trust for a decedent liable to tax, the tax shall be paid to the department of revenue on or before the transfer; otherwise the corporation permitting its stock to be transferred is liable to pay the tax, interest, and costs, and the director of revenue shall enforce the payment of the tax, interest, and costs.  [S13, §1481-a37; C24, 27, 31, 35, 39, §7390; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.87]  83 Acts, ch 177, §31, 38; 2003 Acts, ch 145, §286
IA Code § 450.88 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.88 - Corporations to report transfers.

450.88 Corporations to report transfers.   1. Every Iowa corporation organized for pecuniary profit shall, on July 1 of each year, by its proper officers under oath, make a full and correct report to the director of revenue of all transfers of its stocks made during the preceding year by any person who appears on the books of the corporation as the owner of the stock, when the transfer is made to take effect at or after the death of the owner or transferor, and all transfers which are made by a personal representative, referee, or any person other than the owner or person in whose name the stocks appeared of record on the books of the corporation, prior to the transfer. This report shall show the name of the owner of the stocks and the owner’s place of residence, the name of the person at whose request the stock was transferred, the person’s place of residence and the authority by virtue of which the person acted in making the transfer, the name of the person to whom the transfer was made, and the residence of the person, together with other information the officers reporting have relating to estates of persons deceased who may have been owners of stock in the corporation. If it appears that any stock transferred is subject to tax under this chapter, and the tax has not been paid, the director of revenue shall notify the corporation in writing of its liability for the payment of the tax, and shall bring suit against the corporation as in other cases unless payment of the tax is made within sixty days from the date of notice.   2. This section does not apply if the lien has been released under section 450.7 or the director has issued a consent to transfer.  [S13, §1481-a38; C24, 27, 31, 35, 39, §7391; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.88]  83 Acts, ch 177, §32, 38; 2003 Acts, ch 145, §286; 2019 Acts, ch 24, §104
IA Code § 450.90 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.90 - Property in this state belonging to foreign estate.

450.90 Property in this state belonging to foreign estate.   When property, real or personal, within this state belongs to a foreign estate and the foreign estate passes in part exempt from the tax imposed by this chapter and in part subject to the tax and there is not a specific devise of the property within this state to exempt persons or if it is within the authority or discretion of the foreign personal representative administering the estate to dispose of the property not specifically devised to exempt persons in the payment of liabilities owing by the decedent at the time of death, or in the satisfaction of legacies, devises, or trusts given to direct or collateral legatees or devisees or in payment of the distributive shares of any direct and collateral heirs, then the property within the jurisdiction of this state belonging to the foreign estate is subject to the tax imposed by this chapter, and the tax due shall be assessed as provided in section 450.12, subsection 2, relating to the deduction of the proportionate share of liabilities. However, if the value of the property so situated exceeds the total amount of the estate passing to other persons than those exempt from the tax imposed by this chapter, the excess is not subject to tax.  [S13, §1481-a40; C24, 27, 31, 35, 39, §7393; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.90]  83 Acts, ch 177, §33, 38
IA Code § 450.91 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.91 - Foreign estates — reciprocity — personal property.

450.91 Foreign estates — reciprocity — personal property. Repealed by  2003 Acts, ch 95, §23, 24  .
IA Code § 450.92 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.92 - Compromise settlement.

450.92 Compromise settlement. Repealed by 99 Acts, ch 151, §86, 89.
IA Code § 450.93 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.93 - Unknown heirs.

450.93 Unknown heirs.   Whenever the heirs or persons entitled to any estate or any interest therein are unknown or their place of residence cannot with reasonable certainty be ascertained, a tax of five percent shall be paid to the department of revenue upon all such estates or interests, subject to refund as provided herein in other cases; provided, however, that if it be afterwards determined that any estate or interest passes to aliens, there shall be paid within sixty days after such determination and before delivery of such estate or property, an amount equal to the difference between five percent, the amount paid, and the amount which such person should pay under the provisions of this chapter.  [S13, §1481-a42; C24, 27, 31, 35, 39, §7395; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.93]  2003 Acts, ch 145, §286
IA Code § 450.95 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.95 - Appropriation.

450.95 Appropriation.   There is hereby appropriated out of any funds in the state treasury not otherwise appropriated a sum sufficient to carry out the provisions of section 450.94.  [C27, 31, 35, §7396-a1; C39, §7396.1; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.95]  Referred to in §450.96
IA Code § 450.96 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.96 - Contingent estates.

450.96 Contingent estates.   Estates in expectancy which are contingent or defeasible and in which proceedings for the determination of the tax have not been taken or where the taxation has been held in abeyance, shall be valued at their full, undiminished value when the persons entitled to the estates come into the beneficial enjoyment or possession of the estates, without diminution for or on account of any valuation previously made. When an estate, devise, or legacy can be divested by the act or omission of the legatee or devisee, it shall be taxed as if there were no possibility of the divesting. When a devise, bequest, or transfer is one in part contingent, and in part vested so that the beneficiary will come into possession and enjoyment of a portion of the inheritance on or before the happening of the event upon which the possible defeating contingency is based, a tax shall be imposed and collected upon the bequest or transfer as upon a vested interest, at the highest rate possible under this chapter if no contingency existed; provided that if the contingency reduces the value of the estate or interest taxed, and the amount of tax paid is in excess of the tax for which the bequest or transfer is liable upon the removal of the contingency, the excess shall be refunded as provided in sections 450.94 and 450.95 in other cases.  [S13, §1481-a44; C24, 27, 31, 35, 39, §7397; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.96]  83 Acts, ch 177, §35, 38
IA Code § 450.97 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450 - INHERITANCE TAX|Section 450.97 - Joint owners of bank accounts — duty to notify department of revenue.

450.97 Joint owners of bank accounts — duty to notify department of revenue. Repealed by  2005 Acts, ch 5, §1  .
IA Code § 450B.1 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450B - QUALIFIED USE INHERITANCE TAX|Section 450B.1 - Definitions.

450B.1 Definitions.   As used in this chapter, unless the context otherwise requires:   1. “Internal Revenue Code” means the same as defined in section 422.3.   2. “Qualified real property”, “qualified use”, “cessation of qualified use”, and “qualified heir” mean the same as defined in section 2032A of the Internal Revenue Code.   3. “Taxpayer” means a qualified heir liable for the inheritance tax imposed under chapter 450 on qualified real property.   4. For purposes of subsection 1, the Internal Revenue Code shall be interpreted to include the provisions of Pub. L. No. 98-4.  [81 Acts, ch 147, §12]  83 Acts, ch 179, §18, 23; 84 Acts, ch 1305, §39; 88 Acts, ch 1028, §39
IA Code § 450B.2 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450B - QUALIFIED USE INHERITANCE TAX|Section 450B.2 - Alternate election of value for qualified use.

450B.2 Alternate election of value for qualified use.   1. Notwithstanding section 450.37, the value of qualified real property for the purpose of the tax imposed under chapter 450 may, at the election of the taxpayer, be its value for the use under which it qualifies as prescribed by section 2032A of the Internal Revenue Code. A taxpayer may make an election under this section only if all of the following conditions are met:   a. An election for federal estate tax purposes was made with regard to the qualified real property under section 2032A of the Internal Revenue Code.   b. All persons who signed the agreement referred to in section 2032A(d)(2) of the Internal Revenue Code make the election under this section and sign an agreement with the department of revenue consenting to the application of section 450B.3 with respect to the qualified real property.   c. The total decrease in the value of the qualified real property as a result of the election under this section does not exceed the dollar limitation specified in section 2032A(a)(2) of the Internal Revenue Code.   2. The election under this section shall be made by the taxpayer in the manner as the director of revenue may prescribe by rule. The value for the qualified use under this section shall be the value as determined and accepted for federal estate tax purposes.   3. The definitions and special rules specified in section 2032A(e) of the Internal Revenue Code shall apply with respect to qualified real property for which an election was made under this section except that rules shall be prescribed by the director of revenue in lieu of the regulations promulgated by the secretary of the treasury.   4. The director shall prescribe regulations setting forth the application of this chapter in the case of an interest in a partnership, corporation, or trust which, with respect to the decedent, is an interest in a closely held business within the meaning of section 6166(b)(1) of the Internal Revenue Code. Such regulations shall conform as nearly as possible with the regulations promulgated by the United States secretary of the treasury in respect to such interests.  [81 Acts, ch 147, §13]  88 Acts, ch 1028, §40; 2003 Acts, ch 145, §286; 2011 Acts, ch 25, §143  Referred to in §450B.3, 450B.5, 450B.6
IA Code § 450B.3 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450B - QUALIFIED USE INHERITANCE TAX|Section 450B.3 - Additional inheritance tax applicable.

450B.3 Additional inheritance tax applicable.   There is imposed upon the qualified heir an additional inheritance tax if, within ten years after the decedent’s death and before the death of the qualified heir, the qualified heir disposes of, other than to a member of the family, any interest in qualified real property for which an election under section 450B.2 was made or ceases to use for the qualified use the qualified real property for which an election under section 450B.2 was made as prescribed in section 2032A(c) of the Internal Revenue Code. The additional inheritance tax shall be the amount computed under section 450B.5 and shall be due six months after the date of the disposition or cessation of qualified use referred to in this section. The amount of the additional inheritance tax shall accrue interest at the rate of ten percent per year from nine months after the decedent’s death to the due date of the tax. The tax shall be paid to the department of revenue and shall be deposited into the general fund of the state. Taxes not paid within the time prescribed in this section shall draw interest at the rate of ten percent per annum until paid. There shall not be an additional inheritance tax if the disposition or cessation occurs ten years or more after the decedent’s death.  [81 Acts, ch 147, §14, 15; 82 Acts, ch 1023, §26, 27, 34]  88 Acts, ch 1028, §41; 2003 Acts, ch 145, §286  Referred to in §450B.2, 450B.5, 450B.6
IA Code § 450B.5 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450B - QUALIFIED USE INHERITANCE TAX|Section 450B.5 - Ratio of applicable tax.

450B.5 Ratio of applicable tax.   The amount of the additional inheritance tax imposed by section 450B.3 is the excess of what the tax imposed by chapter 450 would have been had the election to use the qualified use valuation under section 450B.2 not been made over the tax paid on the real estate based on qualified use valuation. However, if all of the real estate valued under section 450B.2 is not disposed of or does not cease to be used for the qualified use, the amount of the additional inheritance tax is the amount computed by applying the ratio that the real estate subject to the qualified use valuation which has been disposed of or which the qualified use ceases bears to all the real estate subject to the qualified use valuation passing to the taxpayer to the excess of the tax which would have been imposed by chapter 450 had the election under section 450B.2 not been made over the tax paid on the real estate based on qualified use valuation. However, the additional inheritance tax shall not be computed on a value greater than the fair market value of the qualified real estate at the time the disposition or cessation of the qualified use occurs.  [81 Acts, ch 147, §16]  Referred to in §450B.3
IA Code § 450B.6 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450B - QUALIFIED USE INHERITANCE TAX|Section 450B.6 - Lien of tax.

450B.6 Lien of tax.   A lien is created in favor of the state for the additional inheritance tax which may be imposed by section 450B.3 on the qualified real property for which an election has been made under section 450B.2. The lien created by this section shall continue until the tax has been paid or ten years after the tax is due, whichever date occurs first. However, the lien shall expire ten years after the decedent’s death if the qualified heir has not disposed of or ceased to use for the qualified use the qualified real property which would impose the tax under section 450B.3. The department of revenue may release the lien prior to the payment of the tax due, if any, if adequate security for payment of the tax is given.   Unless the lien has been perfected by recording in the office of the recorder in the county where the estate is probated, a transfer of the qualified real property to a bona fide purchaser for value shall divest the property of the lien. If the lien is perfected by recording, the rights of the state under the lien have priority over all subsequent mortgagees, purchasers or judgment creditors. The lien may be foreclosed by the director of revenue in the same manner as is now prescribed for the foreclosure of real estate mortgages and upon judgment, execution shall be issued to sell as much of the property necessary to satisfy the tax, interest and costs due.  [81 Acts, ch 147, §17; 82 Acts, ch 1023, §28, 34]  2003 Acts, ch 145, §286
IA Code § 450B.7 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 450B - QUALIFIED USE INHERITANCE TAX|Section 450B.7 - Other inheritance tax laws applicable.

450B.7 Other inheritance tax laws applicable.   All the provisions of chapter 450 with respect to the payment, collection and administration of the inheritance tax imposed under that chapter, including the confidentiality of the tax return, are applicable to the provisions of this chapter to the extent consistent. The director of revenue shall adopt and promulgate all rules necessary for the enforcement and administration of this chapter.  [81 Acts, ch 147, §18]  92 Acts, 2nd Ex, ch 1001, §247; 2003 Acts, ch 145, §286
IA Code § 452A.1 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 452A - MOTOR FUEL AND SPECIAL FUEL TAXES|Section 452A.1 - Short title.

452A.1 Short title.   This subchapter, plus applicable provisions of subchapter IV of this chapter, shall be known and may be cited as the “Motor Fuel and Special Fuel Tax Law”.  [C35, §5093-f40; C39, §5093.39; C46, 50, 54, §324.66; C58, 62, 66, 71, 73, 75, 77, 79, 81, §324.1]  C93, §452A.1  95 Acts, ch 155, §8; 2018 Acts, ch 1041, §127
IA Code § 452A.5 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 452A - MOTOR FUEL AND SPECIAL FUEL TAXES|Section 452A.5 - Distribution allowance.

452A.5 Distribution allowance.   1. A supplier shall retain a distribution allowance of not more than one and six-tenths percent of all gallons of motor fuel and a distribution allowance of not more than seven-tenths percent of all gallons of undyed special fuel removed from the terminal during the reporting period for purposes of tax computation under section 452A.8.   2. The distribution allowance shall be prorated between the supplier and the distributor or dealer as follows:   a. Motor fuel: four-tenths percent retained by the supplier, one and two-tenths percent to the distributor.   b. Undyed special fuel: thirty-five hundredths percent retained by the supplier, thirty-five hundredths percent to the distributor or dealer purchasing directly from a supplier.   3. Gallons exported outside of the state shall not be included in the calculation of the distribution.  [C27, 31, §5093-a3, -a4; C39, §5093.04, 5093.05; C46, 50, 54, §324.4, 324.6; C58, 62, 66, 71, 73, 75, 77, 79, 81, §324.5]  C93, §452A.5  95 Acts, ch 155, §16, 44; 96 Acts, ch 1066, §3, 21; 2012 Acts, ch 1023, §52
IA Code § 452A.6 (2021)
2021 Iowa Code|Title X - FINANCIAL RESOURCES|Chapter 452A - MOTOR FUEL AND SPECIAL FUEL TAXES|Section 452A.6 - Ethanol blended gasoline and other products — blender’s license.

452A.6 Ethanol blended gasoline and other products — blender’s license.   1. a. A person other than a supplier, restrictive supplier, or importer licensed under this subchapter, who blends gasoline with ethanol as defined in section 214A.1 in order to formulate ethanol blended gasoline, shall obtain a blender’s license.   b. A person who blends two or more special fuel products or sells one hundred percent biofuel shall obtain a blender’s license.   2. A blender’s license shall be obtained by following the procedure under section 452A.4 and the blender’s license is subject to the same restrictions as contained in that section.   3. A blender required to obtain a license pursuant to this section shall maintain records as required by section 452A.10 as to motor fuel, ethanol, ethanol blended gasoline, and special fuels.  [C81, §324.6]  92 Acts, ch 1163, §79  C93, §452A.6  95 Acts, ch 155, §17, 44; 2002 Acts, ch 1151, §21; 2006 Acts, ch 1142, §82; 2018 Acts, ch 1041, §127  Referred to in §452A.6A