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House Journal: Page 1879: Tuesday, April 23, 1996

H-6041

 1     Amend House File 2234, as passed by the House, as
 2   follows:
 3     1.  Page 1, by striking lines 7 through 31 and
 4   inserting the following:
 5     "Sec. ___.  NEW SECTION.  15.331B  EXEMPTION FROM
 6   LAND OWNERSHIP RESTRICTIONS FOR NONRESIDENT ALIENS.
 7     1.  The eligible business, to the extent the
 8   eligible business is not actively engaged in farming
 9   within the economic development area, may acquire and
10   own up to one thousand acres of land in the economic
11   development area, notwithstanding the provisions of
12   section 567.3 if the eligible business has been
13   designated an exempt business under subsection 3.  An
14   eligible business may lease up to an additional two
15   hundred eighty acres of land in the economic
16   development area.
17     The eligible business may receive one or more one-
18   year extensions of the time limit for complying with
19   the requirements of section 567.4.  Each extension
20   must be approved by the community prior to approval by
21   the department.  The eligible business shall comply
22   with the remaining provisions of chapter 567 to the
23   extent they do not conflict with this subsection.
24     2.  "Actively engaged in farming" means any of the
25   following:
26     a.  Inspecting agricultural production activities
27   within the economic development area periodically and
28   furnishing at least half of the value of the tools and
29   paying at least half the direct cost of production.
30     b.  Regularly and frequently making or taking an
31   important part in making management decisions
32   substantially contributing to or affecting the success
33   of the farm operations within the economic development
34   area.
35     c.  Performing physical work which significantly
36   contributes to crop or livestock production.
37     3.  An eligible business shall not receive the
38   exemption under this section unless it has applied to
39   be designated an exempt business by July 1, 1998.
40     4.  The department of economic development shall
41   monitor the activities of eligible businesses
42   receiving the exemption under this section and report
43   to the general assembly by December 15 of each year."
44     5.  An eligible business that complies with this
45   section shall be considered to be acquiring, owning,
46   or leasing agricultural land for immediate or
47   potential use in nonfarming purposes under section
48   9H.4, subsection 4."
49     2.  By renumbering as necessary.
The House stood at ease at 6:30 p.m., until the fall of the
gavel.

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 2)

© 1996 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Wed Apr 24 13:30:03 CDT 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/01800/01879.html
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