Text: H03195 Text: H03197 Text: H03100 - H03199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend the amendment, H-3030, to Senate File 69, as
1 2 passed by the Senate, as follows:
1 3 #1. Page 9, line 14, by striking the word "after"
1 4 and inserting the following: "following".
1 5 #2. Page 9, by striking lines 33 through 36 and
1 6 inserting the following: "for the applicable
1 7 assessment year. If the certificates issued, or other
1 8 funding obligations incurred, between January 1, 1982,
1 9 and June 30, 1995, are refinanced or refunded after
1 10 June 30, 1995, the valuation of such property shall
1 11 then be the valuation specified in subsection 1 for
1 12 the applicable assessment year beginning with the
1 13 assessment year following the calendar year in which
1 14 those certificates or other funding obligations are
1 15 refinanced or refunded after June 30, 1995."
1 16 #3. Page 12, by striking lines 15 through 37 and
1 17 inserting the following:
1 18 "If for any reason an appropriation specified in
1 19 section 427B.19B is not made or the appropriation made
1 20 is less than that specified in section 427B.19B for
1 21 the applicable fiscal year, the director of revenue
1 22 and finance shall compute for each county the
1 23 difference between the total of all replacement claims
1 24 for taxing districts within the county and the amount
1 25 paid to the county treasurer for disbursement to the
1 26 taxing districts in the county. The department shall
1 27 divide that difference by the consolidated tax levy
1 28 rate in each county computed for the fiscal year in
1 29 which the specified appropriation should have been
1 30 made and shall certify the amount of taxable value
1 31 necessary to raise the difference at that tax rate.
1 32 The department shall notify the local assessor of such
1 33 amount of taxable value. The assessor, for the
1 34 assessment year beginning January 1 preceding the
1 35 fiscal year for which the specified appropriation was
1 36 not made, shall reassess all taxable property
1 37 described in section 427B.17 in the county at a
1 38 percentage of net acquisition cost which will yield
1 39 such taxable value and the property shall be assessed
1 40 and taxed in such manner for taxes due and payable in
1 41 the following fiscal year in addition to being
1 42 assessed and taxed in the applicable manner under
1 43 section 427B.17. Property tax dollar amounts
1 44 certified pursuant to this section shall not be
1 45 considered property tax dollars certified for purposes
1 46 of the property tax limitation in chapter 444."
1 47
1 48
1 49
1 50 HALVORSON of Clayton
2 1 SF 69.726 76
2 2 sc/sc
Text: H03195 Text: H03197 Text: H03100 - H03199 Text: H Index Bills and Amendments: General Index Bill History: General Index
Iowa General Assembly
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