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Text: S05872                            Text: S05874
Text: S05800 - S05899                   Text: S Index
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Senate Amendment 5873

Amendment Text

PAG LIN
  1  1    Amend the House amendment, S-5738, to Senate File
  1  2 2464, as amended, passed, and reprinted by the Senate,
  1  3 as follows:
  1  4    #1.  Page 1, by striking lines 7 through 22 and
  1  5 inserting the following:
  1  6    "A person interested in transferring real property
  1  7 located in a district, or a broker or salesperson
  1  8 acting on behalf of the person, shall disclose, in
  1  9 accordance with chapter 558A, that the property is
  1 10 located in a real estate improvement district and the
  1 11 amount of any special assessment under this chapter
  1 12 against the property."
  1 13    #   .  Page 5, by striking lines 15 through 20 and
  1 14 inserting the following:
  1 15    "Sec.    .  Section 558A.4, subsection 1, Code
  1 16 1995, is amended to read as follows:
  1 17    1.  The disclosure statement shall include
  1 18 information relating to the condition and important
  1 19 characteristics of the property and structures located
  1 20 on the property, including significant defects in the
  1 21 structural integrity of the structure, as provided in
  1 22 rules which shall be adopted by the real estate
  1 23 commission pursuant to section 543B.9.  The disclosure
  1 24 statement shall also include whether the property is
  1 25 located in a real estate improvement district and the
  1 26 amount of any special assessment against the property
  1 27 under chapter 358C.  The rules may require the
  1 28 disclosure to include information relating to the
  1 29 property's zoning classification; the condition of
  1 30 plumbing, heating, or electrical systems; or the
  1 31 presence of pests.""
  1 32    #2.  Page 1, by inserting after line 47 the
  1 33 following:
  1 34    "#   .  Page 19, by inserting after line 7 the
  1 35 following:
  1 36    "Sec.    .  NEW SECTION.  364.12A  CONDEMNATION OF
  1 37 RESIDENTIAL BUILDINGS – PUBLIC PURPOSE.
  1 38    For the purposes of section 6A.4, subsection 6, a
  1 39 city may condemn a residential building found to be a
  1 40 public nuisance and take title to the property for the
  1 41 public purpose of disposing of the property under
  1 42 section 364.7 by conveying the property to a private
  1 43 individual for rehabilitation or for demolition and
  1 44 construction of housing.""
  1 45    #3.  Page 2, line 38, by striking the letter ""b""
  1 46 and inserting the following:  ""a", for the purposes
  1 47 of this paragraph".
  1 48    #4.  Page 3, line 17, by striking the words
  1 49 "general fund of the state" and inserting the
  1 50 following:  "housing improvement fund".
  2  1    #5.  Page 3, line 40, by striking the words "Twenty
  2  2 percent" and inserting the following:  "Two-thirds
  2  3 percent".
  2  4    #6.  Page 3, line 44, by inserting after the figure
  2  5 "16.100." the following:  "Of the moneys transferred
  2  6 under this paragraph, sixty percent shall be used in
  2  7 accordance with section 16.100, subsection 1A, and
  2  8 forty percent shall be used for the other purposes of
  2  9 the housing improvement fund."
  2 10    #7.  Page 3, by striking lines 45 through 50 and
  2 11 inserting the following:
  2 12    "b.  One-third of the receipts shall be deposited
  2 13 in the general fund of the state."
  2 14    #8.  Page 4, by inserting after line 6 the
  2 15 following:
  2 16    "#   .  Page 24, line 21, by striking the figure
  2 17 "403A" and inserting the following:  "403".
  2 18    #   .  Page 24, line 28, by striking the figure
  2 19 "403A" and inserting the following:  "403"."
  2 20    #9.  By striking page 4, line 50, through page 5,
  2 21 line 2, and inserting the following:  "For a county, a
  2 22 revitalization area shall include only property which
  2 23 will be used as industrial property only, commercial
  2 24 property, commercial property consisting of three or
  2 25 more separate living quarters with at least seventy-
  2 26 five percent of the space used for residential
  2 27 purposes, or residential property."
  2 28    #10.  Page 5, by inserting after line 45 the
  2 29 following:  
  2 30                      "DIVISION 201
  2 31    Sec.    .  APPROPRIATION.  There is appropriated
  2 32 from the general fund of the state to the Iowa finance
  2 33 authority for the fiscal year beginning July 1, 1995,
  2 34 and ending June 30, 1996, the following amount, or so
  2 35 much thereof as is necessary, to be used for the
  2 36 purpose designated:
  2 37    For assisting counties and cities in forming or
  2 38 organizing housing councils:  
  2 39 .................................................. $  1,000,000
  2 40    Notwithstanding section 8.33, moneys remaining
  2 41 unobligated or unexpended shall not revert but shall
  2 42 remain available to the Iowa finance authority for the
  2 43 purposes of this section for the fiscal year beginning
  2 44 July 1, 1996, and ending June 30, 1997.  Funds
  2 45 remaining unobligated on June 30, 1997, shall be
  2 46 transferred to the housing improvement fund created in
  2 47 section 16.100."
  2 48    #11.  Page 5, lines 47 and 48, by striking the word
  2 49 and figure "and 101" and inserting the following:
  2 50 "101, and 201".
  3  1    #12.  By renumbering as necessary.  
  3  2 
  3  3 
  3  4                              
  3  5 MICHAEL E. GRONSTAL
  3  6 SF 2464.209 76
  3  7 mk/jj
     

Text: S05872                            Text: S05874
Text: S05800 - S05899                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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