House Journal: Page 1538: Monday, April 17, 2000
20 February 1 of the exemption year. If any buildings
21 are standing on an area selected as a forest
22 reservation under this section or a fruit-tree
23 reservation under section 427C.7 one acre of that area
24 shall be excluded from the tax exemption. However,
25 the exclusion of that acre shall not affect the area's
26 meeting the acreage requirement of section 427C.2.
27 Sec. 27. Section 427C.7, Code 1999, is amended to
28 read as follows:
29 427C.7 FRUIT-TREE RESERVATION - DURATION OF
30 EXEMPTION.
31 A fruit-tree reservation shall contain on each
32 acre, at least forty apple trees, or seventy other
33 fruit trees, growing under proper care and annually
34 pruned and sprayed. A reservation may be claimed as a
35 fruit-tree reservation, under this chapter, for a
36 period of eight years after planting provided
37 application is made or on file on or before April 15
38 February 1 of the exemption year.
39 Sec. 28. Section 428A.8, Code 1999, is amended by
40 adding the following new unnumbered paragraph:
41 NEW UNNUMBERED PARAGRAPH. Any tax or additional
42 tax found to be due shall be collected by the county
43 recorder. If the county recorder is unable to collect
44 the tax, it will be collected by the director of
45 revenue and finance in the same manner as taxes are
46 collected in chapter 422, division III. If collected
47 by the director of revenue and finance, the director
48 shall pay the county its proportionate share of the
49 tax. Section 422.25, subsections 1, 2, 3, and 4,
50 sections 422.26, 422.28 to 422.30, and 422.73,
Page 14
1 consistent with this chapter, apply with respect to
2 the collection of any tax or additional tax found to
3 be due, in the same manner and with the same effect as
4 if the deed, instrument, or writing were an income tax
5 return within the meaning of those statutes.
6 Sec. 29. Section 437A.3, subsection 1, unnumbered
7 paragraph 1, Code Supplement 1999, is amended to read
8 as follows:
9 "Assessed value" means the base year assessed
10 value, as adjusted by section 437A.19, subsection 2.
11 "Base year assessed value", for a taxpayer other than
12 an electric company, natural gas company, or electric
13 cooperative, means the value attributable to property
14 identified in section 427A.1, subsection 1, paragraph
15 "h", certified by the department of revenue and
16 finance to the county auditors for the assessment date
17 of January 1, 1997, and the value attributable to
18 property identified in section 427A.1 and section
© 2000 Cornell College and
League of Women Voters of Iowa
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