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21 considered owned by the same person, if in the case 22 where the owner is an individual, the individual owns 23 or controls an entity that owns other agricultural 24 structures in the state, or if in the case where the 25 owner is an entity, a person which owns or controls 26 the entity owns or controls another entity that owns 27 other agricultural structures in the state. Entities 28 are owned or controlled by the same person if the same 29 person directly or indirectly owns or controls more 30 than fifty percent of the assets or any class of stock 31 or who directly or indirectly has an interest of more 32 than fifty percent in the ownership or profits. 33 (3) An owner shall file a claim for the exclusion 34 under subparagraph (1) by February 15 of the 35 assessment year for only one parcel. The assessor 36 shall notify the owner of the acceptance of the 37 owner's claim by March 15. An owner denied a claim or 38 had the amount of a claim reduced may appeal the 39 assessor's decision in the same manner as provided for 40 the appeal of the denial of the farm tax credit under 41 section 426.6. Upon the filing and allowance of the 42 claim, the claim shall be allowed on that parcel for 43 successive years without further filing as long as the 44 property is legally or equitably owned by that person. 45 If ownership of the structure changes, the owner 46 wishes to file a claim for another parcel, or the 47 value significantly exceeds the exclusion amount as a 48 result of added improvements or new construction, the 49 owner must notify the assessor and refile a claim with 50 the appropriate assessor. Page 4 1 (4) If an allowed claim is subsequently disallowed 2 or the owner fails to notify the assessor as required 3 in subparagraph (3), the person shall be subject to a 4 civil penalty equal to the amount of property tax that 5 would have been due but for the exclusion, plus fifty 6 percent of such amount, and interest as provided in 7 section 445.39. Such person shall also no longer be 8 eligible to receive the exclusion under subparagraph 9 (1)." 10 6. Page 19, line 15, by striking the figures "33, 11 34, 35," and inserting the following: "133, 134, 12 135,". Amendment H-3194 was adopted. Grubbs of Scott asked and received unanimous consent to withdraw amendment H-3120, to the committee amendment H-3030, filed by him on February 20, 1995. Mertz of Kossuth offered amendment H-3210, to the committee amendment H-3030, filed by Mertz, et. al., and requested division as follows:
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Last update: Sun Jan 14 21:05:02 CST 1996
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