428.22 Locker plants.
For purposes of valuing and assessing property for tax purposes, locker plants shall be valued and assessed as commercial property. For purposes of this section, “locker plants” means any property used primarily for any or all of the following purposes:
1. To provide, as a part of its business operations, locker facilities which are rented at retail to consumers to be used for the storage of frozen meats, fish, or fowl owned by the person renting the locker.
2. To custom slaughter livestock under contract for a natural person and to process the carcass for the natural person by cutting, wrapping, and freezing the meat.
3. To process an animal carcass to offer at retail processed meat products to a natural person after the facility has purchased the livestock or carcass.
[C81, §428.22]
Referred to in §420.207
Structure Iowa Code
Chapter 428 - LISTING PROPERTY FOR TAXATION
Section 428.1 - Listing of property.
Section 428.2 - Listing property of another.
Section 428.4 - Real estate — buildings.
Section 428.5 - Unknown owners.
Section 428.6 - Deceased owner.
Section 428.7 - Description of tracts — manner.
Section 428.22 - Locker plants.
Section 428.23 - Manufacturer to list.
Section 428.24 - Public utility plants.
Section 428.25 - Property in different districts.
Section 428.26 - Personal property.
Section 428.27 - Capital stock listed and assessed.
Section 428.28 - Annual report by utility.
Section 428.29 - Assessment and certification.
Section 428.35 - Grain handled.
Section 428.37 - Listing certain electric power generating plants.