Text: SF00447 Text: SF00449 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 SENATE FILE 448 1 2 1 3 AN ACT 1 4 RELATING TO THE PURCHASE OF CERTAIN PARCELS WITH DELINQUENT 1 5 TAXES BY A CITY OR COUNTY, AND PROVIDING EFFECTIVE AND 1 6 APPLICABILITY DATES. 1 7 1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 9 1 10 Section 1. Section 446.19A, Code 1999, is amended by 1 11 striking the section and inserting in lieu thereof the 1 12 following: 1 13 446.19A PURCHASE BY COUNTY OR CITY FOR LOW OR MODERATE 1 14 INCOME HOUSING. 1 15 1. The board of supervisors of a county may adopt an 1 16 ordinance authorizing the county and each city in the county 1 17 to bid on and purchase delinquent taxes and to assign tax sale 1 18 certificates of abandoned property. This section may only be 1 19 used by a county or by a city in the county if such an 1 20 ordinance is in effect. 1 21 2. On the day of the regular tax sale or any continuance 1 22 or adjournment of the tax sale, the county or a city may bid 1 23 for abandoned property assessed as residential property or as 1 24 commercial multifamily housing property a sum equal to the 1 25 total amount due. Money shall not be paid by the county or 1 26 city for the purchase, but each of the tax-levying and tax- 1 27 certifying bodies having any interest in the taxes shall be 1 28 charged with the total amount due the tax-levying or tax- 1 29 certifying body as its just share of the purchase price. 1 30 Prior to the purchase, the county or city shall file with the 1 31 county treasurer a verified statement that a parcel to be 1 32 purchased is abandoned and deteriorating in condition or is, 1 33 or is likely to become, a public nuisance, and that the parcel 1 34 is suitable for use for low or moderate income housing 1 35 following rehabilitation. 2 1 3. If after the date that a parcel is sold pursuant to 2 2 this chapter, or after the date that a parcel is sold under 2 3 section 446.18, 446.38, or 446.39, the parcel assessed as 2 4 residential property or as commercial multifamily housing 2 5 property is identified as abandoned pursuant to a verified 2 6 statement filed with the county treasurer by a city or county 2 7 in the form set forth in subsection 2, a city or county may 2 8 require the assignment of the tax sale certificate that had 2 9 been issued for such parcel by paying to the holder of such 2 10 certificate the total amount due on the date the assignment of 2 11 the certificate is made to the county or city and recorded 2 12 with the county treasurer. If the certificate is not assigned 2 13 by the county or city pursuant to subsection 4, the county or 2 14 city, whichever is applicable, is liable for the tax sale 2 15 interest that was due the certificate holder pursuant to 2 16 section 447.1, as of the date of assignment. 2 17 4. a. The city or county may assign the tax sale 2 18 certificate obtained pursuant to this section. Preference 2 19 shall be given to purchasers who are low or moderate income 2 20 families or organizations which assist low or moderate income 2 21 families to obtain housing. Persons who purchase certificates 2 22 from the city or county under this subsection are liable for 2 23 the total amount due the certificate holder pursuant to 2 24 section 447.1. 2 25 b. All persons who purchase certificates from the city or 2 26 county under this subsection shall demonstrate the intent to 2 27 rehabilitate the property for habitation if the property is 2 28 not redeemed. In the alternative, the county or city may, if 2 29 title to the property has vested in the county or city under 2 30 section 448.1, dispose of the property in accordance with 2 31 section 331.361 or 364.7, as applicable. 2 32 5. For the purposes of this section, "abandoned" means the 2 33 same as in section 657A.1. For the purposes of this section, 2 34 "low or moderate income families" has the same meaning as in 2 35 section 403.17. 3 1 Sec. 2. Section 447.9, subsection 1, Code 1999, is amended 3 2 to read as follows: 3 3 1. After one year and nine months from the date of sale, 3 4 or after nine months from the date of a sale made under 3 5 section 446.18, 446.19A, or 446.39, the holder of the 3 6 certificate of purchase may cause to be served upon the person 3 7 in possession of the parcel, and also upon the person in whose 3 8 name the parcel is taxed, a notice signed by the certificate 3 9 holder or the certificate holder's agent or attorney, stating 3 10 the date of sale, the description of the parcel sold, the name 3 11 of the purchaser, and that the right of redemption will expire 3 12 and a deed for the parcel be made unless redemption is made 3 13 within ninety days from the completed service of the notice. 3 14 The notice shall be served by both regular mail and certified 3 15 mail to the person's last known address and such notice is 3 16 deemed completed when the notice by certified mail is 3 17 deposited in the mail and postmarked for delivery. The 3 18 ninety-day redemption period begins as provided in section 3 19 447.12. When the notice is given by a county as a holder of a 3 20 certificate of purchase the notice shall be signed by the 3 21 county treasurer or the county attorney, and when given by a 3 22 city, it shall be signed by the city officer designated by 3 23 resolution of the council. When the notice is given by the 3 24 Iowa finance authority or a city or county agency holding the 3 25 parcel as part of an Iowa homesteading project, it shall be 3 26 signed on behalf of the agency or authority by one of its 3 27 officers, as authorized in rules of the agency or authority. 3 28 Sec. 3. EFFECTIVE AND APPLICABILITY DATE. This Act, being 3 29 deemed of immediate importance, takes effect upon enactment 3 30 and applies to parcels first offered for sale at the tax sale 3 31 held in June 1999, and in subsequent years. 3 32 3 33 3 34 3 35 MARY E. KRAMER 4 1 President of the Senate 4 2 4 3 4 4 4 5 RON J. CORBETT 4 6 Speaker of the House 4 7 4 8 I hereby certify that this bill originated in the Senate and 4 9 is known as Senate File 448, Seventy-eighth General Assembly. 4 10 4 11 4 12 4 13 MICHAEL E. MARSHALL 4 14 Secretary of the Senate 4 15 Approved , 1999 4 16 4 17 4 18 4 19 THOMAS J. VILSACK 4 20 Governor
Text: SF00447 Text: SF00449 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
© 1999 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Wed Jan 12 05:55:00 CST 2000
URL: /DOCS/GA/78GA/Legislation/SF/00400/SF00448/990406.html
jhf