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House Journal: Page 1257: Wednesday, April 5, 2000

The bill having received a constitutional majority was declared to
have passed the House and the title, as amended, was agreed to.

ADOPTION OF HOUSE RESOLUTION 108

T. Taylor of Linn called up for consideration House Resolution 108,
a resolution to honor Cedar Rapids Gazette Statehouse reporter and
senior editor Ken Sullivan, and moved its adoption.

The motion prevailed and the resolution was adopted.

CONSIDERATION OF BILLS
Ways and Means Calendar

House File 2553, a bill for an act relating to the designation,
valuation, and taxation of property in a horizontal property regime
and including an effective date, was taken up for consideration.

SENATE FILE 2426 SUBSTITUTED FOR HOUSE FILE 2553

Drake of Pottawattamie asked and received unanimous consent to
substitute Senate File 2426 for House File 2553.

Senate File 2426, a bill for an act relating to the designation,
valuation, and taxation of property in a horizontal property regime
and including an effective date, was taken up for consideration.

Shoultz of Black Hawk offered the following amendment H-8731
filed by him from the floor and moved its adoption:

H-8731

1 Amend Senate File 2426, as passed by the Senate, as
2 follows:
3 1. Page 1, by inserting after line 17 the
4 following:
5 "Sec. ___. Section 499B.4, Code 1999, is amended
6 by adding the following new subsection:
7 NEW SUBSECTION. 10. If an existing structure is
8 to be converted after the effective date of this Act,
9 a maximum property tax percentage shall be determined
10 and specified for each unit to be converted. The
11 "maximum property tax percentage" for a unit equals
12 the percentage of the average monthly gross rent


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