Text: HSB00559                          Text: HSB00561
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

House Study Bill 560

Bill Text

PAG LIN
  1  1    Section 1.  Section 428.4, unnumbered paragraph 3, Code
  1  2 2001, is amended to read as follows:
  1  3    Any buildings erected, improvements made, or buildings or
  1  4 improvements removed in a year after the assessment of the
  1  5 class of real estate to which they belong, shall be valued,
  1  6 listed, and assessed and reported by the assessor to the
  1  7 county auditor after approval of the valuations by the local
  1  8 board of review, and the auditor shall thereupon enter the
  1  9 taxable value of such building or taxable improvement on the
  1 10 tax list as a part of real estate to be taxed.  If such
  1 11 buildings or improvements are erected or made by any person
  1 12 other than the owner of the land, they shall be listed and
  1 13 assessed to the owner of the buildings or improvements land as
  1 14 real estate, and the landowner shall be responsible for
  1 15 payment of the taxes on the buildings or improvements unless
  1 16 the land is owned by a governmental entity.  If the land is
  1 17 owned by a governmental entity, the building or improvement
  1 18 shall be listed and assessed to the owner of the building or
  1 19 improvement.
  1 20    Sec. 2.  Section 445.32, Code 2001, is amended to read as
  1 21 follows:
  1 22    445.32  LIENS ON BUILDINGS OR IMPROVEMENTS.
  1 23    If a building or improvement is erected or made by a person
  1 24 other than the owner of the land on which the building or
  1 25 improvement is located, as provided for in section 428.4, the
  1 26 taxes on the building or improvement are and remain a lien on
  1 27 the building or improvement land from the date of levy until
  1 28 paid or on the building or improvement if the land is owned by
  1 29 a governmental entity.  If the taxes on the building or
  1 30 improvement become delinquent, as provided in section 445.37,
  1 31 the county treasurer shall collect the tax as provided in
  1 32 chapter 446 or if the land is owned by a governmental entity,
  1 33 the tax shall be collected as provided in sections 445.3 and
  1 34 445.4.  This section does not apply to special assessments, or
  1 35 rates or charges.  
  2  1                           EXPLANATION
  2  2    This bill changes certain administrative procedures
  2  3 relating to the assessment and collection of taxes on
  2  4 property.
  2  5    Code section 428.4 is amended to provide that buildings
  2  6 erected and improvements to real estate made by a person other
  2  7 than the owner of the land shall be listed and assessed to the
  2  8 owner of the land, not the owner of the building or
  2  9 improvements as provided by current law.  However, if the land
  2 10 is owned by a governmental entity, the building and
  2 11 improvements shall be listed and assessed to the owner of the
  2 12 building or improvements.  Code section 445.32, relating to
  2 13 tax liens on building and improvements, is amended to
  2 14 correspond to the listing and assessment of buildings and
  2 15 improvements to real estate.  
  2 16 LSB 5699HC 79
  2 17 tj/cls/14
     

Text: HSB00559                          Text: HSB00561
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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