Text: H01650 Text: H01652 Text: H01600 - H01699 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 712 as follows: 1 2 #1. Page 1, by inserting before line 1 the 1 3 following: 1 4 "Section 1. Section 425.7, subsection 3, 1 5 unnumbered paragraph 2, Code 2001, is amended to read 1 6 as follows: 1 7 If a claim is disallowed by the director of revenue 1 8 and finance and not appealed to the state board of tax 1 9 review or appealed to and upheld by the state board of 1 10 tax review and a petition for judicial review is not 1 11 filed with respect to the disallowance, any amounts of 1 12 credits allowed and paid from the homestead credit 1 13 fund including the penalty, if any, become a lien upon 1 14 the property on which credit was originally granted, 1 15 if still in the hands of the claimant, and not in the 1 16 hands of a bona fide purchaser, and any amount so 1 17 erroneously paid including the penalty, if any, shall 1 18 be collected by the county treasurer in the same 1 19 manner as other taxes and the collections shall be 1 20 returned to the department of revenue and finance and 1 21 credited to the homestead credit fund. The director 1 22 of revenue and finance may institute legal proceedings 1 23 against a homestead credit claimant for the collection 1 24 of payments made on disallowed credits and the 1 25 penalty, if any. If a person makes a false claim or 1 26 affidavit with fraudulent intent to obtain the 1 27 homestead, the person is guilty of a fraudulent 1 28 practice and the claim shall be disallowed in full. 1 29 If the credit has been paid, the amount of the credit 1 30 plus a penalty equal to twenty-five percent of the 1 31 amount of credit plus interest, at the rate in effect 1 32 under section 421.7, from the time of payment shall be 1 33 collected by the county treasurer in the same manner 1 34 as other property taxes, penalty, and interest are 1 35 collected and when collected shall be paid to the 1 36 director of revenue and finance. If a homestead 1 37 credit is disallowed and the claimant failed to give 1 38 written notice to the assessor as required by section 1 39 425.2 when the property ceased to be used as a 1 40 homestead by the claimant, a civil penalty equal to 1 41fiftyfive percent of the amount of the disallowed 1 42 credit is assessed against the claimant." 1 43 #2. Page 2, by inserting after line 15 the 1 44 following: 1 45 "Sec. . Section 425.14, Code 2001, is 1 46 repealed." 1 47 #3. Page 2, line 17 by inserting after the word 1 48 "for" the following: "homestead tax credits filed or 1 49 on file and for". 1 50 #4. Title page, line 1, by inserting after the 2 1 word "relating" the following: "to the homestead tax 2 2 credit and". 2 3 2 4 2 5 2 6 SIEVERS of Scott 2 7 2 8 2 9 2 10 GRUNDBERG of Polk 2 11 HF 712.501 79 2 12 mg/pj
Text: H01650 Text: H01652 Text: H01600 - H01699 Text: H Index Bills and Amendments: General Index Bill History: General Index
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