House Journal: Page 1601: Thursday, April 22, 1999

16   to property acquired by the Iowa department of

17   transportation."
18     10.  Page 16, by striking line 9.
19     11.  By striking page 16, line 17, through page
20   17, line 5.
21     12.  Page 21, by striking lines 24 through 26 and
22   inserting the following:  "condemnation or unless the
23   land is to be acquired for industry as that term is
24   defined in section 260E.2.  This paragraph".
25     13.  Page 22, by striking lines 6 through 8, and
26   inserting the following:  "the land is to be acquired
27   for industry as that term is defined in section
28   260E.2.  A municipality may exercise".
29     14.  By striking page 22, line 32, through page
30   23, line 1, and inserting the following:
31     "NEW SUBSECTION.  2A.  "Agricultural land" means
32   real property owned by a person in tracts of ten acres
33   or more and not laid off into lots of less than ten
34   acres or divided by streets and alleys into parcels of
35   less than ten acres, and that is used for the
36   production of agricultural commodities.  Such use of
37   property includes, but is not".
38     15.  Page 24, by inserting after line 3 the
39   following:
40     "Sec. ___.  Section 543D.3, unnumbered paragraph 2,
41   Code 1999, is amended to read as follows:
42     A person who is not a certified real estate
43   appraiser under this chapter may appraise real estate
44   for compensation if certification is not required by
45   this chapter or by federal or state law, rule, or
46   policy. However, an employee of the state department
47   of transportation whose duties include appraisals of
48   property pursuant to chapter 6B must be a certified
49   real estate appraiser under this chapter.
50     Sec. ___.  Section 543D.5, subsection 2, paragraph
Page 3
 1   a, Code 1999, is amended to read as follows:
 2     a.  Require compliance with federal law and
 3   appraisal standards adopted by federal authorities as
 4   they apply to federally covered transactions. This
 5   paragraph does not require that an appraiser invoke a
 6   jurisdictional exception to the uniform standards of
 7   professional appraisal practice in order to comply
 8   with federal law and appraisal standards adopted by
 9   federal authorities as they apply to federally covered
10   transactions, unless federal law requires that the
11   exception be invoked."
12     16.  By renumbering, relettering, or redesignating
13   and correcting internal references as necessary.

© 1999 Cornell College and League of Women Voters of Iowa

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