Text: SSB01159 Text: SSB01161 Text: SSB01100 - SSB01199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. IOWA STATE UNIVERSITY STUDY. It is the intent
1 2 of the general assembly to provide local governments with the
1 3 means and flexibility of providing services to its citizens
1 4 while balancing citizens' concerns about high taxes. It is
1 5 further the intent of the general assembly to put in place a
1 6 property tax system that reflects the modern economy.
1 7 Iowa state university department of economics shall conduct
1 8 a review of revenue sources available to local governments in
1 9 Iowa, including taxes, fees, state appropriations, and federal
1 10 moneys. The department of economics shall also review recent
1 11 and historical statewide trends in property tax collections
1 12 and in revenue collections by local governments generally.
1 13 The review shall be conducted from the standpoint of equity,
1 14 neutrality, competitiveness, simplicity, stability, and any
1 15 other factors deemed appropriate and informative by the
1 16 department. The department may request from any state agency
1 17 or official the information and assistance needed to perform
1 18 the review.
1 19 Iowa state university department of economics shall submit
1 20 a final report and an executive summary of the final report to
1 21 the general assembly no later than January 15, 2002. The
1 22 final report and executive summary shall include
1 23 recommendations on changes to the property tax system that
1 24 would result in greater simplification of the system, while
1 25 maintaining or increasing equity in the system.
1 26 EXPLANATION
1 27 This bill requires the department of economics at Iowa
1 28 State University to conduct a review of revenue sources
1 29 available to local governments. The department is to review
1 30 recent and historical statewide trends in property tax
1 31 collections and in revenue collections by local governments
1 32 generally.
1 33 The bill requires the department of economics to furnish a
1 34 report and executive summary to the general assembly no later
1 35 than January 15, 2002. The report and summary are to include
2 1 recommendations on changes to the property tax system.
2 2 LSB 2835SC 79
2 3 sc/gg/8
Text: SSB01159 Text: SSB01161 Text: SSB01100 - SSB01199 Text: SSB Index Bills and Amendments: General Index Bill History: General 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: Fri Mar 23 13:35:04 CST 2001
URL: /DOCS/GA/79GA/Legislation/SSB/01100/SSB01160/010221.html
jhf