Senate
File
2081
-
Introduced
SENATE
FILE
2081
BY
CHELGREN
A
BILL
FOR
An
Act
modifying
appropriation
amounts
for
payment
of
1
commercial
and
industrial
property
tax
replacement
claims
2
and
including
effective
date
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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Section
1.
Section
2.48,
subsection
3,
paragraph
f,
1
subparagraph
(6),
Code
2018,
is
amended
by
striking
the
2
subparagraph.
3
Sec.
2.
Section
441.21A,
subsection
1,
paragraph
a,
Code
4
2018,
is
amended
to
read
as
follows:
5
a.
For
Subject
to
the
limitations
of
subparagraphs
(1),
6
(2),
and
(3)
of
this
paragraph,
for
each
fiscal
year
during
7
the
period
beginning
on
or
after
July
1,
2014,
and
ending
June
8
30,
2020,
there
is
appropriated
from
the
general
fund
of
the
9
state
to
the
department
of
revenue
an
amount
necessary
for
10
the
payment
of
all
commercial
and
industrial
property
tax
11
replacement
claims
under
this
section
for
the
fiscal
year.
12
However,
for
a
13
(1)
For
the
fiscal
year
beginning
on
or
after
July
1,
2017,
14
the
total
amount
of
moneys
appropriated
from
the
general
fund
15
of
the
state
to
the
department
of
revenue
for
the
payment
of
16
commercial
and
industrial
property
tax
replacement
claims
in
17
that
fiscal
year
shall
not
exceed
the
total
amount
of
money
18
moneys
necessary
to
pay
all
commercial
and
industrial
property
19
tax
replacement
claims
for
the
fiscal
year
beginning
July
1,
20
2016.
21
(2)
For
the
fiscal
year
beginning
July
1,
2018,
the
22
total
amount
of
moneys
appropriated
from
the
general
fund
of
23
the
state
to
the
department
of
revenue
for
the
payment
of
24
commercial
and
industrial
property
tax
replacement
claims
in
25
that
fiscal
year
shall
not
exceed
two-thirds
of
the
total
26
amount
of
moneys
necessary
to
pay
all
commercial
and
industrial
27
property
tax
replacement
claims
for
the
fiscal
year
beginning
28
July
1,
2016.
29
(3)
For
the
fiscal
year
beginning
July
1,
2019,
the
30
total
amount
of
moneys
appropriated
from
the
general
fund
of
31
the
state
to
the
department
of
revenue
for
the
payment
of
32
commercial
and
industrial
property
tax
replacement
claims
33
in
that
fiscal
year
shall
not
exceed
one-third
of
the
total
34
amount
of
moneys
necessary
to
pay
all
commercial
and
industrial
35
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property
tax
replacement
claims
for
the
fiscal
year
beginning
1
July
1,
2016.
2
Sec.
3.
Section
441.21A,
subsections
2
and
3,
Code
2018,
are
3
amended
to
read
as
follows:
4
2.
Beginning
with
the
fiscal
year
beginning
July
1,
2014,
5
and
ending
with
the
fiscal
year
beginning
July
1,
2019,
each
6
county
treasurer
shall
be
paid
by
the
department
of
revenue
an
7
amount
equal
to
the
amount
of
the
commercial
and
industrial
8
property
tax
replacement
claims
in
the
county,
as
calculated
9
in
subsection
4
.
If
an
amount
appropriated
for
a
fiscal
year
10
is
insufficient
to
pay
all
replacement
claims,
the
director
of
11
revenue
shall
prorate
the
payment
of
replacement
claims
to
the
12
county
treasurers
and
shall
notify
the
county
auditors
of
the
13
pro
rata
percentage
on
or
before
September
30.
14
3.
On
or
before
July
1
of
each
fiscal
year
beginning
on
15
or
after
July
1,
2014,
but
before
July
1,
2020,
the
assessor
16
shall
report
to
the
county
auditor
the
total
actual
value
of
17
all
commercial
property
and
industrial
property
in
the
county
18
that
is
subject
to
assessment
and
taxation
for
the
assessment
19
year
used
to
calculate
the
taxes
due
and
payable
in
that
fiscal
20
year.
21
Sec.
4.
Section
441.21A,
subsection
4,
unnumbered
paragraph
22
1,
Code
2018,
is
amended
to
read
as
follows:
23
On
or
before
a
date
established
by
rule
of
the
department
24
of
revenue
of
each
fiscal
year
beginning
on
or
after
July
25
1,
2014,
but
before
July
1,
2020,
the
county
auditor
shall
26
prepare
a
statement,
based
upon
the
report
received
pursuant
to
27
subsection
3
,
listing
for
each
taxing
district
in
the
county:
28
Sec.
5.
EFFECTIVE
DATE.
The
following
takes
effect
July
1,
29
2022:
30
The
section
of
this
Act
amending
section
2.48.
31
Sec.
6.
EFFECTIVE
DATE.
The
following,
being
deemed
of
32
immediate
importance,
takes
effect
upon
enactment:
33
The
sections
of
this
Act
amending
section
441.21A.
34
EXPLANATION
35
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The
inclusion
of
this
explanation
does
not
constitute
agreement
with
1
the
explanation’s
substance
by
the
members
of
the
general
assembly.
2
Current
Code
section
441.21A
establishes
and
appropriates
3
amounts
from
the
general
fund
of
the
state
for
commercial
4
and
industrial
property
tax
replacement
claims.
Such
claims
5
are
calculated
by
the
department
of
revenue
based
on
the
6
difference
between
the
actual
value
and
assessed
value
of
all
7
commercial
and
industrial
property
in
each
taxing
district
8
in
the
state.
Current
law
appropriates
an
amount
necessary
9
for
the
payment
of
all
commercial
and
industrial
property
tax
10
replacement
claims
for
each
fiscal
year
beginning
on
or
after
11
July
1,
2014,
subject
to
a
maximum
total
appropriation
for
12
fiscal
years
beginning
on
or
after
July
1,
2017,
of
the
total
13
amount
necessary
for
the
payment
of
replacement
claims
in
the
14
fiscal
year
beginning
July
1,
2016.
This
bill
eliminates
the
15
appropriation
for
fiscal
years
beginning
on
or
after
July
1,
16
2020.
17
The
bill
also
establishes
maximum
total
appropriation
18
amounts
for
the
fiscal
years
beginning
July
1,
2018,
and
July
19
1,
2019.
The
appropriation
for
the
fiscal
year
beginning
July
20
1,
2018,
shall
not
exceed
two-thirds
of
the
total
amount
of
21
moneys
necessary
to
pay
all
commercial
and
industrial
property
22
tax
replacement
claims
for
the
fiscal
year
beginning
July
1,
23
2016.
The
appropriation
for
the
fiscal
year
beginning
July
1,
24
2019,
shall
not
exceed
one-third
of
the
total
amount
of
moneys
25
necessary
to
pay
all
commercial
and
industrial
property
tax
26
replacement
claims
for
the
fiscal
year
beginning
July
1,
2016.
27
Under
current
law,
the
legislative
tax
expenditure
committee
28
established
under
Code
section
2.48
is
required
to
review
29
the
commercial
and
industrial
property
tax
replacement
claim
30
expenditures.
The
bill
eliminates
that
required
periodic
31
review
effective
July
1,
2022.
32
Except
for
the
Code
section
of
the
bill
amending
Code
section
33
2.48,
the
bill
takes
effect
upon
enactment.
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