HF 2421 (LSB 5711HV (1) 88)

HOUSE FILE 2421

BY  COMMITTEE ON VETERANS AFFAIRS

(SUCCESSOR TO HSB 597)

A BILL FOR

An Act relating to the approval procedures for claims for the military service property tax exemption and including applicability provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 426A.13, subsection 2, Code 2020, is amended to read as follows:
   2.  The person shall file with the appropriate assessor on forms obtained from the assessor the claim for exemption for the year for which the person is first claiming the exemption. The claim shall be filed not later than July 1 of the year for which the person is claiming the exemption. The claim shall set out the fact that the person is a resident of and domiciled in the state of Iowa, and a person within the terms of section 426A.11, and shall give the volume and page on which the certificate of satisfactory service, order of separation, retirement, furlough to reserve, inactive status, or honorable discharge or certified copy thereof is recorded in the office of the county recorder to be verified by the executive director or administrator recognized as a county veteran service officer under section 35B.6 prior to approval of the claim, and may include the designation of the property from which the exemption is to be made, and shall further state that the claimant is the equitable or legal owner of the property designated or if the property is owned by a family farm corporation, that the person is a shareholder of that corporation and that the person occupies the property. In the case of a person claiming the exemption as a veteran described in section 35.1, subsection 2, paragraph “b”, subparagraph (6) or (7), the person shall file the statement required by section 35.2.
    Sec. 2.  APPLICABILITY.  This Act applies to claims for military service property tax exemptions filed for assessment years beginning on or after January 1, 2021.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   Code section 426A.13 establishes the contents of the claim for a military service property tax exemption to be filed with the appropriate local assessor. Part of the information required for each claim includes the volume and page on which the certificate of satisfactory service, order of separation, retirement, furlough to reserve, inactive status, or honorable discharge or certified copy thereof is recorded in the office of the county recorder. This bill requires such information recorded in the office of the county recorder to be verified by the county commission of veteran affairs executive director or administrator recognized as a county veteran service officer prior to approval of the claim for the exemption.
   The bill applies to claims for military service property tax exemptions filed for assessment years beginning on or after January 1, 2021.