Text: H01001 Text: H01003 Text: H01000 - H01099 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 32 as follows: 1 2 #1. By striking everything after the enacting 1 3 clause and inserting the following: 1 4 "Section 1. HOMESTEAD TAX CREDIT. 1 5 1. There is appropriated from the general fund of 1 6 the state to the department of revenue and finance for 1 7 the fiscal year beginning July 1, 2002, and ending 1 8 June 30, 2003, the following amount for the purpose 1 9 designated: 1 10 For reimbursing counties for granting homestead tax 1 11 credits as provided in subsection 2: 1 12 .................................................. $ 2,375,123 1 13 2. The appropriation made in subsection 1 shall be 1 14 used to reimburse counties, to the extent not 1 15 previously reimbursed, that granted to taxpayers the 1 16 homestead credit pursuant to section 425.1 for taxes 1 17 payable in the fiscal year beginning July 1, 2002. If 1 18 the amount appropriated is insufficient to reimburse 1 19 all credits granted, the department shall prorate the 1 20 reimbursements. Payments made pursuant to this 1 21 subsection shall not be made sooner than March 15, 1 22 2003. 1 23 3. The appropriation in subsection 1 is in 1 24 addition to the appropriation made in section 425.1 as 1 25 limited by 2002 Iowa Acts, chapter 1171, section 175, 1 26 subsection 10, as amended by 2002 Iowa Acts, Second 1 27 Extraordinary Session, chapter 1003, section 181. 1 28 Sec. 2. ELDERLY AND DISABLED TAX CREDIT. 1 29 1. There is appropriated from the general fund of 1 30 the state to the department of revenue and finance for 1 31 the fiscal year beginning July 1, 2002, and ending 1 32 June 30, 2003, the following amount for the purpose 1 33 designated: 1 34 For reimbursing counties for granting elderly and 1 35 disabled tax credits as provided in subsection 2: 1 36 .................................................. $ 355,349 1 37 2. The appropriation made in subsection 1 shall be 1 38 used to reimburse counties, to the extent not 1 39 previously reimbursed, that granted to taxpayers the 1 40 elderly and disabled tax credit pursuant to section 1 41 425.23 for taxes payable in the fiscal year beginning 1 42 July 1, 2002. If the amount appropriated is 1 43 insufficient to reimburse all credits granted, the 1 44 department shall prorate the reimbursements. Payments 1 45 made pursuant to this subsection shall not be made 1 46 sooner than March 15, 2003. 1 47 3. The appropriation in subsection 1 is in 1 48 addition to the appropriation made in section 425.39 1 49 as limited by 2002 Iowa Acts, chapter 1171, section 1 50 176, as amended by 2002 Iowa Acts, Second 2 1 Extraordinary Session, chapter 1003, section 182. 2 2 Sec. 3. AGRICULTURAL LAND TAX CREDIT. 2 3 1. There is appropriated from the general fund of 2 4 the state to the department of revenue and finance for 2 5 the fiscal year beginning July 1, 2002, and ending 2 6 June 30, 2003, the following amount for the purpose 2 7 designated: 2 8 For reimbursing counties for granting agricultural 2 9 land tax credits as provided in subsection 2: 2 10 .................................................. $ 798,515 2 11 2. The appropriation made in subsection 1 shall be 2 12 used to reimburse counties, to the extent not 2 13 previously reimbursed, that granted to taxpayers the 2 14 agricultural land tax credit pursuant to section 426.7 2 15 for taxes payable in the fiscal year beginning July 1, 2 16 2002. If the amount appropriated is insufficient to 2 17 reimburse all credits granted, the department shall 2 18 prorate the reimbursements. Payments made pursuant to 2 19 this subsection shall not be made sooner than March 2 20 15, 2003. 2 21 3. The appropriation in subsection 1 is in 2 22 addition to the appropriation made in section 426.1 as 2 23 limited by 2002 Iowa Acts, chapter 1171, section 175, 2 24 subsection 11, as amended by 2002 Iowa Acts, Second 2 25 Extraordinary Session, chapter 1003, section 181. 2 26 Sec. 4. EFFECTIVE DATE. This Act, being deemed of 2 27 immediate importance, takes effect upon enactment." 2 28 #2. Title page, by striking lines 1 through 4, and 2 29 inserting the following: "An Act relating to 2 30 supplemental appropriations to reimburse counties for 2 31 certain property tax credits and exemptions allowed 2 32 and including an effective date." 2 33 2 34 2 35 2 36 JENKINS of Black Hawk 2 37 HF 32.501 80 2 38 mg/pj
Text: H01001 Text: H01003 Text: H01000 - H01099 Text: H Index Bills and Amendments: General Index Bill History: General Index
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