Section 489-NN. Reports to state board

1.  Each railroad company shall
  furnish the state board the following:
    (a)   A copy of all  income,  profit  and  loss  and  other  financial
  statements  filed  with  the interstate commerce commission or any other
  federal agency or officer and the commissioner of transportation; and
    (b)  Such other reports as the state  board  may  from  time  to  time
  require  containing  such  information  and  data  as  it  may  specify,
  including  cost and valuation data relating to or an  inventory  of  the
  railroad  real property of such company situated in each assessing unit,
  in order to carry out the provisions of this title.
    2. Each railroad company shall pay  an  annual  charge  to  the  state
  office. All costs and expenses of the state office, direct and indirect,
  incurred  in  the  establishment  of  railroad ceilings pursuant to this
  title shall be paid  from  the  collection  of  an  annual  charge  upon
  railroad   companies.   The  state  board  shall  provide  by  rule  for
  computation of this charge through the apportionment of these costs  and
  expenses  to  railroad companies in direct relation to the value of such
  real property subject to the ceiling. Charges shall be  subject  to  the
  annual  approval  of the director of the budget. Any unpaid charge shall
  be a lien upon the  assets  of  the  company  and  may  be  enforced  by
  appropriate administrative and judicial proceedings commenced by counsel
  to the state office.
    3.    Any  railroad  company failing to make any report required by or
  pursuant to this section within a reasonable time specified by the state
  board shall forfeit to the people of the state the sum  of  one  hundred
  dollars  for  each  failure  and the additional sum of fifty dollars for
  each day that such failure continues.   Acknowledgement  of  receipt  of
  blank reports which contain the penalty provisions of this section shall
  be deemed sufficient notice of such penalties.