Text: SF00137                           Text: SF00139
Text: SF00100 - SF00199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index



Senate File 138

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 35.1, subsection 2, paragraph b,
  1  2 subparagraphs (1) and (2), Code 2001, are amended to read as
  1  3 follows:
  1  4    (1)  Former members Members of the reserve forces of the
  1  5 United States who have served at least twenty years in the
  1  6 reserve forces after January 28, 1973, and who continue to
  1  7 serve or were discharged under honorable conditions.  However,
  1  8 a member of the reserve forces of the United States who
  1  9 completed a minimum aggregate of ninety days of active federal
  1 10 service, other than training, and was discharged under
  1 11 honorable conditions, or was retired under Title X of the
  1 12 United States Code shall be included as a veteran.
  1 13    (2)  Former members Members of the Iowa national guard who
  1 14 have served at least twenty years in the Iowa national guard
  1 15 after January 28, 1973, and who continue to serve or were
  1 16 discharged under honorable conditions.  However, a member of
  1 17 the Iowa national guard who was activated for federal duty,
  1 18 other than training, for a minimum aggregate of ninety days,
  1 19 and was discharged under honorable conditions or was retired
  1 20 under Title X of the United States Code shall be included as a
  1 21 veteran.
  1 22    Sec. 2.  STATE FUNDING.  The military service tax
  1 23 exemptions and credits provided pursuant to this Act shall be
  1 24 funded pursuant to chapter 426A to the extent of six dollars
  1 25 and ninety-two cents per thousand dollars of the assessed
  1 26 value of the exempt property.
  1 27    Sec. 3.  APPLICABILITY.  Section 2 of this Act applies to
  1 28 military service property tax exemption claims allowed on or
  1 29 after January 1, 2002.  
  1 30                           EXPLANATION
  1 31    This bill modifies the definition of "veteran" to include
  1 32 members of the reserve forces of the United States and the
  1 33 Iowa national guard who have served at least 20 years in the
  1 34 reserve or guard units.  Under the bill it is not necessary to
  1 35 have served at least 20 years after January 28, 1973, nor is
  2  1 it necessary to be discharged after the period of service to
  2  2 be eligible for veterans benefits.
  2  3    In response to the requirements of Code section 25B.7, the
  2  4 military service tax exemptions and credits resulting from the
  2  5 modification to the definition of "veteran" are funded as
  2  6 provided in Code chapter 426A to the extent of $6.92 per
  2  7 $1,000 of the assessed value of the exempt property.  The
  2  8 property tax exemption credits and exemptions provided under
  2  9 this bill apply to those claims allowed on or after January 1,
  2 10 2002.  
  2 11 LSB 1763XS 79
  2 12 tj/gg/8
     

Text: SF00137                           Text: SF00139
Text: SF00100 - SF00199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

Return To Home index


© 2001 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Wed May 9 09:40:00 CDT 2001
URL: /DOCS/GA/79GA/Legislation/SF/00100/SF00138/010206.html
jhf