Text: SF00198 Text: SF00200 Text: SF00100 - SF00199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 425.2, unnumbered paragraph 1, Code 1 2 1999, is amended to read as follows: 1 3 A person who wishes to qualify for the credit allowed under 1 4 this chapter shall obtain the appropriate forms for filing for 1 5 the credit from the assessor. The person claiming the credit 1 6 shall file a verified statement and designation of homestead 1 7 with the assessor for the year for which the person is first 1 8 claiming the credit. The claim shall be filed not later than 1 9 July 1 of the year for which the person is claiming the 1 10 credit.A claim filed after July 1 of the year for which the1 11person is claiming the credit shall be considered as a claim1 12filed for the following year.1 13 Sec. 2. Section 425.2, Code 1999, is amended by adding the 1 14 following new unnumbered paragraph: 1 15 NEW UNNUMBERED PARAGRAPH. The failure of a person to file 1 16 a claim under this section on or before July 1 of the year for 1 17 which the person is first claiming the credit or to have the 1 18 evidence of ownership recorded in the office of the county 1 19 recorder does not disqualify the claim if the person claiming 1 20 the credit or through whom the credit is claimed is otherwise 1 21 qualified. The belated claim shall be filed with the 1 22 appropriate assessor on or before December 31 of the following 1 23 calendar year and, if approved by the board of supervisors, 1 24 the county treasurer shall send payment to the claimant. If 1 25 homestead credit claims for the year for which the belated 1 26 claim is filed were prorated pursuant to section 25B.7, the 1 27 belated claim shall be prorated by an equivalent percentage. 1 28 The treasurer shall file an amended certificate of homestead 1 29 tax credits with the director of revenue and finance pursuant 1 30 to section 425.4. 1 31 Sec. 3. Section 427.5, Code 1999, is amended by adding the 1 32 following new unnumbered paragraph: 1 33 NEW UNNUMBERED PARAGRAPH. The failure of a person to file 1 34 a claim under this section before July 1 of the year for which 1 35 the person is first claiming the exemption or to have evidence 2 1 of property ownership and satisfactory service, separation, 2 2 retirement, furlough to reserve, inactive status, or honorable 2 3 discharge recorded in the office of the county recorder does 2 4 not disqualify the claim if the person claiming the exemption 2 5 or through whom the exemption is claimed is otherwise 2 6 qualified. The belated claim shall be filed with the 2 7 appropriate assessor on or before December 31 of the following 2 8 calendar year and, if approved by the board of supervisors, 2 9 the county treasurer shall file an amended certificate of 2 10 military service tax credits with the director of revenue and 2 11 finance pursuant to section 426A.3. 2 12 Sec. 4. Section 441.46, unnumbered paragraph 1, Code 1999, 2 13 is amended to read as follows: 2 14 The assessment date of January 1 is the first date of an 2 15 assessment year period which constitutes a calendar year 2 16 commencing January 1 and ending December 31.AllUnless 2 17 otherwise stated, all property tax statutes providing for tax 2 18 exemptions or credits and requiring that a claim be filed, 2 19 shall be construed to require the claims to be filed by July 1 2 20 of the assessment year. If no claim is required to be filed 2 21 to procure an exemption or credit, the status of the property 2 22 as exempt or taxable on July 1 of the fiscal year which 2 23 commences during the assessment year determines its 2 24 eligibility for exemption or credit. Any statute requiring 2 25 proration of property taxes for any purpose shall be for the 2 26 fiscal year, and the proration shall be based on the status of 2 27 the property during the fiscal year. 2 28 Sec. 5. APPLICABILITY. This bill applies to homestead tax 2 29 credit claims and military tax exemption claims filed for 2 30 taxes due and payable in the fiscal year beginning July 1, 2 31 2000. 2 32 EXPLANATION 2 33 This bill allows a taxpayer to file for the homestead 2 34 property tax credit and the military property tax exemption 2 35 after the deadline for filing has passed if the taxpayer would 3 1 otherwise qualify for the credit or exemption. 3 2 The bill applies to homestead tax credit claims and 3 3 military tax exemption claims filed for taxes due and payable 3 4 in the fiscal year beginning July 1, 2000. 3 5 LSB 1114XS 78 3 6 sc/jw/5
Text: SF00198 Text: SF00200 Text: SF00100 - SF00199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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