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House File 2571

Partial Bill History

Bill Text

PAG LIN
  1  1                                             HOUSE FILE 2571
  1  2  
  1  3                             AN ACT
  1  4 RELATING TO AGRICULTURE BY PROVIDING FOR REPORTING REQUIRE-
  1  5    MENTS.
  1  6 
  1  7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  8 
  1  9    Section 1.  Section 10B.4, subsection 1, Code 2003, is
  1 10 amended to read as follows:
  1 11    1.  An annual A biennial report shall be filed by a
  1 12 reporting entity with the secretary of state on or before
  1 13 March 31 of each odd-numbered year as required by rules
  1 14 adopted by the secretary of state pursuant to chapter 17A.
  1 15 However, a reporting entity required to file a biennial report
  1 16 pursuant to chapter 490, 496C, 497, 498, 499, 501, or 504A,
  1 17 shall file the report required by this section in the same
  1 18 year as required by that chapter.  The reporting entity may
  1 19 file the report required by this section together with the
  1 20 biennial report required to be filed by one of the other
  1 21 chapters referred to in this subsection.  The reports shall be
  1 22 filed on forms prepared and supplied by the secretary of
  1 23 state.  The secretary of state may provide for combining its
  1 24 reporting forms with other biennial reporting forms required
  1 25 to be used by the reporting entities.
  1 26    Sec. 2.  Section 10B.4, subsection 2, unnumbered paragraph
  1 27 1, Code 2003, is amended to read as follows:
  1 28    A report required pursuant to this section shall contain
  1 29 information for the last year reporting period regarding the
  1 30 reporting entity as required by the secretary of state which
  1 31 shall at least include all of the following:
  1 32    Sec. 3.  Section 10B.4, subsection 3, Code 2003, is amended
  1 33 to read as follows:
  1 34    3.  A reporting entity other than a foreign business,
  1 35 foreign government, or nonresident alien shall be excused from
  2  1 filing a report with the secretary of state during any year
  2  2 reporting period in which the reporting entity holds an
  2  3 interest in less than twenty acres of agricultural land in
  2  4 this state and the gross revenue produced from all farming on
  2  5 the land equals less than ten thousand dollars.
  2  6    Sec. 4.  Section 10B.5, subsection 2, Code 2003, is amended
  2  7 to read as follows:
  2  8    2.  Information provided in reports required in this
  2  9 chapter is a confidential record as provided in section 22.7.
  2 10 The attorney general may have access to the reports, and may
  2 11 use information in the reports in any action to enforce state
  2 12 law, including but not limited to chapters 9H, 9I, and 10C.
  2 13 The reports shall be made available to members of the general
  2 14 assembly and appropriate committees of the general assembly in
  2 15 order to determine the extent that agricultural land is held
  2 16 in this state by corporations and other business and foreign
  2 17 entities and the effect of such land ownership upon the
  2 18 economy of this state.  The secretary of state shall assist
  2 19 any committee of the general assembly studying these issues.
  2 20    Sec. 5.  Section 10B.7, unnumbered paragraph 1, Code
  2 21 Supplement 2003, is amended to read as follows:
  2 22    Lessees of agricultural land under section 9H.4, subsection
  2 23 2, paragraph "c", for research or experimental purposes, shall
  2 24 file a biennial report with the secretary of state on or
  2 25 before March 31 of each odd-numbered year on forms adopted
  2 26 pursuant to chapter 17A and supplied by the secretary of
  2 27 state.  However, a lessee required to file a biennial report
  2 28 pursuant to chapter 490, 496C, 497, 498, 499, 501, or 504A,
  2 29 shall file the report required by this section in the same
  2 30 year as required by that chapter.  The lessee may file the
  2 31 report required by this section together with the biennial
  2 32 report required to be filed by one of the other chapters
  2 33 referred to in this paragraph.  The report shall contain the
  2 34 following information for the last year reporting period:
  2 35    Sec. 6.  Section 22.7, Code Supplement 2003, is amended by
  3  1 adding this following new subsection:
  3  2    NEW SUBSECTION.  48.  A report regarding interest held in
  3  3 agricultural land required to be filed pursuant to chapter
  3  4 10B.  
  3  5 
  3  6 
  3  7                                                             
  3  8                               CHRISTOPHER C. RANTS
  3  9                               Speaker of the House
  3 10 
  3 11 
  3 12                                                             
  3 13                               JEFFREY M. LAMBERTI
  3 14                               President of the Senate
  3 15 
  3 16    I hereby certify that this bill originated in the House and
  3 17 is known as House File 2571, Eightieth General Assembly.
  3 18 
  3 19 
  3 20                                                             
  3 21                               MARGARET THOMSON
  3 22                               Chief Clerk of the House
  3 23 Approved                , 2004
  3 24 
  3 25 
  3 26                            
  3 27 THOMAS J. VILSACK
  3 28 Governor
     

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