42-18058. Collection and payment of tax on
livestock in feedlot or stockyard; exceptions


A. The operator of a feedlot or stockyard shall collect and remit the tax on feeder
livestock that are confined at the feedlot or stockyard for fattening before sale for
slaughter. The operator shall remit the tax quarterly to the county treasurer based on
the aggregate of the applicable tax rates that were in effect for the preceding tax year.


B. Tax shall not be collected or remitted on the following livestock:


1. Livestock that die before leaving the feedlot or stockyard.


2. Livestock that have previously been taxed in this state during the current tax
year before arriving at the feedlot or stockyard.


3. Livestock that are held in the feedlot or stockyard for less than forty-five
days.


C. The department shall prescribe procedures and provide forms that are necessary
to implement this section.