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House Amendment 1822

Amendment Text

PAG LIN
  1  1    Amend House File 726 as follows:
  1  2    #1.  Page 5, by inserting before line 23 the
  1  3 following:
  1  4    "Sec. 100.  Section 425.23, subsection 1, paragraph
  1  5 a, Code 1997, is amended to read as follows:
  1  6    a.  The tentative credit or reimbursement for a
  1  7 claimant described in section 425.17, subsection 2,
  1  8 paragraph "a", and paragraph "b" if no appropriation
  1  9 is made to the fund created in section 425.40 shall be
  1 10 determined in accordance with the following schedule:  
  1 11                               Percent of property taxes
  1 12                               due or rent constituting
  1 13                               property taxes paid
  1 14 If the household              allowed as a credit or
  1 15 income is:                    reimbursement:
  1 16 $     0 –  5,999.99............... 100%
  1 17   6,000 –  6,999.99................ 85
  1 18   7,000 –  7,999.99................ 70
  1 19   8,000 –  9,999.99................ 50
  1 20  10,000 – 11,999.99................ 35
  1 21  12,000 – 13,999.99................ 25
  1 22    Sec. 101.  Section 425.23, subsection 1, paragraph
  1 23 b, Code 1997, is amended by striking the paragraph and
  1 24 inserting in lieu thereof the following:
  1 25    b.  The tentative credit or reimbursement for a
  1 26 claimant described in section 425.17, subsection 2,
  1 27 paragraph "b", shall be determined in accordance with
  1 28 the following schedule:  
  1 29                            Percent of property taxes
  1 30                            due or rent constituting
  1 31                            property taxes paid
  1 32 If the household           allowed as a credit or
  1 33 income is:                 reimbursement:
  1 34 $     0 –  5,999.99................100%
  1 35   6,000 –  6,999.99................ 85
  1 36   7,000 –  7,999.99................ 70
  1 37   8,000 –  9,999.99................ 50
  1 38  10,000 – 11,999.99................ 35
  1 39  12,000 – 13,999.99................ 25
  1 40    Sec. 102.  Section 425.23, subsection 3, paragraph
  1 41 a, Code 1997, is amended to read as follows:
  1 42    a.  A person who is eligible to file a claim for
  1 43 credit for property taxes due and who has a household
  1 44 income of six thousand dollars or less and who has an
  1 45 unpaid special assessment levied against the homestead
  1 46 may file a claim for a special assessment credit with
  1 47 the county treasurer.  The department shall provide to
  1 48 the respective treasurers the forms necessary for the
  1 49 administration of this subsection.  The claim shall be
  1 50 filed not later than September 30 of each year.  Upon
  2  1 the filing of the claim, interest for late payment
  2  2 shall not accrue against the amount of the unpaid
  2  3 special assessment due and payable.  The claim filed
  2  4 by the claimant constitutes a claim for credit of an
  2  5 amount equal to the actual amount due upon the unpaid
  2  6 special assessment, plus interest, payable during the
  2  7 fiscal year for which the claim is filed against the
  2  8 homestead of the claimant.  However, where the
  2  9 claimant is an individual described in section 425.17,
  2 10 subsection 2, paragraph "b", and the tentative credit
  2 11 is determined according to the schedule in section
  2 12 425.23, subsection 1, paragraph "b", subparagraph (2),
  2 13 the claim filed constitutes a claim for credit of an
  2 14 amount equal to one-half of the actual amount due and
  2 15 payable during the fiscal year.  The treasurer shall
  2 16 certify to the director of revenue and finance not
  2 17 later than October 15 of each year the total amount of
  2 18 dollars due for claims allowed.  The amount of
  2 19 reimbursement due each county shall be paid by the
  2 20 director of revenue and finance by November 15 of each
  2 21 year, drawn upon warrants payable to the respective
  2 22 treasurer.  There is appropriated annually from the
  2 23 general fund of the state to the department of revenue
  2 24 and finance an amount sufficient to carry out the
  2 25 provisions of this subsection.  The treasurer shall
  2 26 credit any moneys received from the department against
  2 27 the amount of the unpaid special assessment due and
  2 28 payable on the homestead of the claimant."
  2 29    #2.  Page 5, by inserting after line 34 the
  2 30 following:
  2 31    "Sec. 105.  Section 425.40, subsection 1, Code
  2 32 1997, is amended to read as follows:
  2 33    1.  A low-income tax credit and reimbursement fund
  2 34 is created.  There is appropriated annually from the
  2 35 general fund of the state to the department of revenue
  2 36 and finance to be credited to the low-income tax
  2 37 credit and reimbursement fund, from funds not
  2 38 otherwise appropriated, an amount sufficient to
  2 39 implement this division for claimants described in
  2 40 section 425.17, subsection 2, paragraph "b".
  2 41    Sec. 106.  Section 425.40, subsection 2, Code 1997,
  2 42 is amended by striking the subsection."
  2 43    #3.  Page 6, line 2, by striking the word and
  2 44 figures "8, and 9" and inserting the following:  "100,
  2 45 101, 102, 8, 9, 105, and 106".
  2 46    #4.  Title page, line 3, by inserting after the
  2 47 word "service," the following:  "low-income,".  
  2 48 
  2 49 
  2 50                               
  3  1 RICHARDSON of Warren 
  3  2 
  3  3 
  3  4                               
  3  5 BELL of Jasper 
  3  6 
  3  7 
  3  8                               
  3  9 SCHRADER of Marion 
  3 10 
  3 11 
  3 12                               
  3 13 BRAND of Tama 
  3 14 
  3 15 
  3 16                               
  3 17 BUKTA of Clinton 
  3 18 
  3 19 
  3 20                               
  3 21 BURNETT of Story 
  3 22 
  3 23 
  3 24                               
  3 25 CATALDO of Polk 
  3 26 
  3 27 
  3 28                               
  3 29 CHAPMAN of Linn 
  3 30 
  3 31 
  3 32                               
  3 33 CHIODO of Polk 
  3 34 
  3 35 
  3 36                               
  3 37 COHOON of Des Moines 
  3 38 
  3 39 
  3 40                               
  3 41 CONNORS of Polk 
  3 42 
  3 43 
  3 44                               
  3 45 DODERER of Johnson 
  3 46 
  3 47 
  3 48                               
  3 49 DOTZLER of Black Hawk 
  3 50 
  4  1 
  4  2                               
  4  3 DREES of Carroll 
  4  4 
  4  5 
  4  6                               
  4  7 FALCK of Fayette 
  4  8 
  4  9 
  4 10                               
  4 11 FALLON of Polk 
  4 12 
  4 13 
  4 14                               
  4 15 FOEGE of Linn 
  4 16 
  4 17 
  4 18                               
  4 19 FORD of Polk 
  4 20 
  4 21 
  4 22                               
  4 23 FREVERT of Palo Alto 
  4 24 
  4 25 
  4 26                               
  4 27 HOLVECK of Polk 
  4 28 
  4 29 
  4 30                               
  4 31 HUSER of Polk 
  4 32 
  4 33 
  4 34                               
  4 35 JOCHUM of Dubuque 
  4 36 
  4 37 
  4 38                               
  4 39 KINZER of Scott 
  4 40 
  4 41 
  4 42                               
  4 43 KOENIGS of Mitchell 
  4 44 
  4 45 
  4 46                               
  4 47 KREIMAN of Davis 
  4 48 
  4 49 
  4 50                               
  5  1 LARKIN of Lee 
  5  2 
  5  3 
  5  4                               
  5  5 MASCHER of Johnson 
  5  6 
  5  7 
  5  8                               
  5  9 MAY of Worth 
  5 10 
  5 11 
  5 12                               
  5 13 MERTZ of Kossuth 
  5 14 
  5 15 
  5 16                               
  5 17 MORELAND of Wapello 
  5 18 
  5 19 
  5 20                               
  5 21 MUNDIE of Webster 
  5 22 
  5 23 
  5 24                               
  5 25 MURPHY of Dubuque 
  5 26 
  5 27 
  5 28                               
  5 29 MYERS of Johnson 
  5 30 
  5 31 
  5 32                               
  5 33 O'BRIEN of Boone 
  5 34 
  5 35 
  5 36                               
  5 37 OSTERHAUS of Jackson 
  5 38 
  5 39 
  5 40                               
  5 41 REYNOLDS-KNIGHT of Van Buren 
  5 42 
  5 43 
  5 44                               
  5 45 BERNAU of Story 
  5 46 
  5 47 
  5 48                               
  5 49 SCHERRMAN of Dubuque 
  5 50 
  6  1 
  6  2                               
  6  3 SHOULTZ of Black Hawk 
  6  4 
  6  5 
  6  6                               
  6  7 TAYLOR of Linn 
  6  8 
  6  9 
  6 10                               
  6 11 THOMAS of Clayton 
  6 12 
  6 13 
  6 14                               
  6 15 WARNSTADT of Woodbury 
  6 16 
  6 17 
  6 18                               
  6 19 WEIGEL of Chickasaw 
  6 20 
  6 21 
  6 22                               
  6 23 WHITEAD of Woodbury 
  6 24 
  6 25 
  6 26                               
  6 27 WISE of Lee 
  6 28 
  6 29 
  6 30                               
  6 31 WITT of Black Hawk 
  6 32 HF 726.301 77
  6 33 mg/cf/28
     

Text: H01821                            Text: H01823
Text: H01800 - H01899                   Text: H Index
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