Text: HF00663 Text: HF00665 Text: HF00600 - HF00699 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 425.17, subsection 4, Code 2001, is 1 2 amended to read as follows: 1 3 4. "Homestead" means the dwelling owned or rented and 1 4 actually used as a home by the claimant during the period 1 5 specified in subsection 2, and so much of the land surrounding 1 6 it including one or more contiguous lots or tracts of land, as 1 7 is reasonably necessary for use of the dwelling as a home, and 1 8 may consist of a part of a multidwelling or multipurpose 1 9 building and a part of the land upon which it is built.It1 10 "Homestead" does not include personal property except that a 1 11 mobile home may be a homestead. "Homestead" includes the unit 1 12 in a retirement facility or community which the claimant used 1 13 as a home during the period specified in subsection 2, if the 1 14 resident is legally obligated to pay property taxes levied on 1 15 that unit. Any dwelling or a part of a multidwelling or 1 16 multipurpose building which is exempt from taxation does not 1 17 qualify as a homestead under this division. However, solely 1 18 for purposes of claimants living in a property and receiving 1 19 reimbursement for rent constituting property taxes paid 1 20 immediately before the property becomes tax exempt, and 1 21 continuing to live in it after it becomes tax exempt, the 1 22 property shall continue to be classified as a homestead. A 1 23 homestead must be located in this state. When a person is 1 24 confined in a nursing home, extended-care facility, or 1 25 hospital, the person shall be considered as occupying or 1 26 living in the person's homestead if the person is the owner of 1 27 the homestead and the person maintains the homestead and does 1 28 not lease, rent, or otherwise receive profits from other 1 29 persons for the use of the homestead. 1 30 Sec. 2. APPLICABILITY DATE. This Act applies to claims 1 31 for additional homestead credit filed on or after January 1, 1 32 2002. 1 33 EXPLANATION 1 34 This bill expands the definition of "homestead" for 1 35 purposes of the additional homestead credit or rent 2 1 reimbursement for elderly, disable, and low-income persons to 2 2 include a unit of a retirement facility or community if the 2 3 claimant occupied the unit during the previous fiscal year and 2 4 is legally obligated to pay property taxes levied on that 2 5 unit. 2 6 The bill applies to claims filed on or after January 1, 2 7 2002. 2 8 LSB 3000HH 79 2 9 mg/pj/5
Text: HF00663 Text: HF00665 Text: HF00600 - HF00699 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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