Text: H01421 Text: H01423 Text: H01400 - H01499 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend House File 708 as follows:
1 2 #1. Page 19, by inserting after line 11 the
1 3 following:
1 4 "Sec. ___. Section 657.11, Code 1997, is amended
1 5 by adding the following new subsection:
1 6 NEW SUBSECTION. 9. This section shall not apply
1 7 to an industrial swine feeding operation. As used in
1 8 this subsection, an "industrial swine feeding
1 9 operation" means a confinement feeding operation as
1 10 defined in section 455B.161 in which swine are
1 11 confined and fed, if any of the following apply:
1 12 a. The operation controls, owns, or contracts for
1 13 the care and feeding of six hundred twenty-five
1 14 thousand pounds or more animal weight capacity for
1 15 swine. "Animal weight capacity" is calculated in the
1 16 same manner as provided in section 455B.161.
1 17 b. If the operation is not a business entity, the
1 18 operation owner of the agricultural land where the
1 19 operation is located is not qualified to file for a
1 20 homestead tax credit as provided in section 425.2 or a
1 21 family farm tax credit as provided in section 425A.4
1 22 in the county where the agricultural land is located.
1 23 c. If the operation is a business entity, any of
1 24 the following apply:
1 25 (1) The following persons who hold an interest in
1 26 the business entity are not eligible to file for a
1 27 homestead tax credit in the county where the business
1 28 entity holds most of its agricultural land:
1 29 (a) The owner of a corporation who is the majority
1 30 shareholder of the corporation.
1 31 (b) The person holding the greatest membership
1 32 interest in a limited liability company.
1 33 (c) The person contributing the most value to a
1 34 limited partnership.
1 35 (d) The beneficiary having the greatest interest
1 36 in a trust.
1 37 (2) Less than forty percent of the interest in the
1 38 business entity is held by persons related to each
1 39 other as spouse, parent, grandparent, lineal
1 40 ascendants of the grandparents or their spouses, or
1 41 lineal descendants of the grandparents or their
1 42 spouses, or persons acting in a fiduciary capacity to
1 43 persons so related.
1 44 (3) Less than fifty percent of the production
1 45 inputs used to produce and harvest crops or care and
1 46 feed for animals on the agricultural land are
1 47 purchased within sixty miles from the borders of the
1 48 agricultural land where the animal feeding operation
1 49 is located. A "production input" means seed, feed,
1 50 supplies, and veterinary medical services, but does
2 1 not include labor, construction materials, equipment,
2 2 or tools.
2 3 (4) The business entity has benefited from any of
2 4 the following:
2 5 (a) The job training partnership program and other
2 6 programs administered under section 15.108.
2 7 (b) The self-employment loan program created in
2 8 section 15.241.
2 9 (c) The targeted small business financial
2 10 assistance program created in section 15.247.
2 11 (d) The community economic betterment program
2 12 created in sections 15.315 through 15.320.
2 13 (e) An agreement for a supplemental new jobs tax
2 14 credit as provided in section 15.331.
2 15 (f) The industrial new jobs training program as
2 16 provided in chapter 260E.
2 17 (g) The jobs training program as provided in
2 18 chapter 260F.
2 19 (h) An economic development area established
2 20 pursuant to chapter 403."
2 21
2 22
2 23
2 24 KOENIGS of Mitchell
2 25 HF 708.512 77
2 26 da/jw/28
Text: H01421 Text: H01423 Text: H01400 - H01499 Text: H Index Bills and Amendments: General Index Bill History: General Index
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