Text: HF00037                           Text: HF00039
Text: HF00000 - HF00099                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

House File 38

Partial Bill History

Bill Introduced: H.J. 76
Complete Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 426A.11, subsection 2, Code 2001, is
  1  2 amended to read as follows:
  1  3    2.  The property, not to exceed one thousand eight hundred
  1  4 fifty-two dollars in taxable value of an honorably separated,
  1  5 retired, furloughed to a reserve, placed on inactive status,
  1  6 or discharged veteran, as defined in section 35.1.  For the
  1  7 purpose of this subsection, "veteran" also means any resident
  1  8 of this state who served on active duty in the armed forces of
  1  9 the United States at any time after November 11, 1918, and was
  1 10 discharged under honorable conditions.
  1 11    Sec. 2.  Section 426A.12, subsections 1, 2, and 3, Code
  1 12 2001, are amended to read as follows:
  1 13    1.  The spouse, or surviving spouse remaining unmarried, of
  1 14 a veteran, as defined in section 35.1 426A.11, subsection 2,
  1 15 where they are living together or were living together at the
  1 16 time of the death of the veteran.
  1 17    2.  The parent whose spouse is deceased and who remains
  1 18 unmarried, of a veteran, as defined in section 35.1 426A.11,
  1 19 subsection 2, whether living or deceased, where the parent is,
  1 20 or was at the time of death of the veteran, dependent on the
  1 21 veteran for support.
  1 22    3.  The minor child, or children owning property as tenants
  1 23 in common, of a deceased veteran, as defined in section 35.1
  1 24 426A.11, subsection 2.
  1 25    Sec. 3.  Section 426A.12, unnumbered paragraph 2, Code
  1 26 2001, is amended to read as follows:
  1 27    No more than one tax exemption shall be allowed under this
  1 28 section or section 426A.11 in the name of a veteran, as
  1 29 defined in section 35.1 426A.11, subsection 2.
  1 30    Sec. 4.  STATE MANDATE FUNDING.  The military service tax
  1 31 exemptions and credits provided in this Act shall be funded
  1 32 pursuant to chapter 426A to the extent of six dollars and
  1 33 ninety-two cents per thousand dollars of the assessed value of
  1 34 the exempt property.  
  1 35                              EXPLANATION
  2  1    This bill expands the eligibility for the military service
  2  2 property tax exemption to include any resident of this state
  2  3 who served on active duty in the armed forces of the United
  2  4 States at any time since November 11, 1918, and who were
  2  5 discharged under honorable conditions.  The bill includes
  2  6 veterans who served on active duty during peacetime since the
  2  7 official conclusion of World War I.
  2  8    The military service tax exemptions and credits provided in
  2  9 the bill for veterans who served on active duty during
  2 10 peacetime are funded as provided in Code chapter 426A to the
  2 11 extent of $6.92 per $1,000 of the assessed value of the exempt
  2 12 property.  
  2 13 LSB 1228HH 79
  2 14 tj/pj/5

Text: HF00037                           Text: HF00039
Text: HF00000 - HF00099                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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