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House Journal: Page 1079: Tuesday, April 8, 1997

The Speaker ruled the point well taken and amendment H-1421 not
germane.
Koenigs of Mitchell offered amendment H-1422 filed by him as
follows:

H-1422

 1     Amend House File 708 as follows:
 2     1.  Page 19, by inserting after line 11 the
 3   following:
 4     "Sec. ___.  Section 657.11, Code 1997, is amended
 5   by adding the following new subsection:
 6     NEW SUBSECTION.  9.  This section shall not apply
 7   to an industrial swine feeding operation.  As used in
 8   this subsection, an "industrial swine feeding
 9   operation" means a confinement feeding operation as
10   defined in section 455B.161 in which swine are
11   confined and fed, if any of the following apply:
12     a.  The operation controls, owns, or contracts for
13   the care and feeding of six hundred twenty-five
14   thousand pounds or more animal weight capacity for
15   swine.  "Animal weight capacity" is calculated in the
16   same manner as provided in section 455B.161.
17     b.  If the operation is not a business entity, the
18   operation owner of the agricultural land where the
19   operation is located is not qualified to file for a
20   homestead tax credit as provided in section 425.2 or a
21   family farm tax credit as provided in section 425A.4
22   in the county where the agricultural land is located.
23     c.  If the operation is a business entity, any of
24   the following apply:
25     (1)  The following persons who hold an interest in
26   the business entity are not eligible to file for a
27   homestead tax credit in the county where the business
28   entity holds most of its agricultural land:
29     (a)  The owner of a corporation who is the majority
30   shareholder of the corporation.
31     (b)  The person holding the greatest membership
32   interest in a limited liability company.
33     (c)  The person contributing the most value to a
34   limited partnership.
35     (d)  The beneficiary having the greatest interest
36   in a trust.
37     (2)  Less than forty percent of the interest in the
38   business entity is held by persons related to each
39   other as spouse, parent, grandparent, lineal
40   ascendants of the grandparents or their spouses, or
41   lineal descendants of the grandparents or their
42   spouses, or persons acting in a fiduciary capacity to
43   persons so related.
44     (3)  Less than fifty percent of the production

Iowa General Assembly

Index: House Journal (77th General Assembly: Session 1)

© 1997 Cornell College and League of Women Voters of Iowa

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Last update: Thu Apr 10 13:40:03 CDT 1997
URL: /DOCS/GA/77GA/Session.1/HJournal/01000/01079.html
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