Text: S03018 Text: S03020 Text: S03000 - S03099 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 202 as follows: 1 2 #1. Page 3, by inserting after line 8 the 1 3 following: 1 4 "Sec. . Section 426A.11, Code 2003, is amended 1 5 by adding the following new subsection: 1 6 NEW SUBSECTION. 2A. The property, not to exceed 1 7 one thousand eight hundred fifty-two dollars in 1 8 taxable value of a resident currently serving in the 1 9 national guard or armed forces reserve or currently on 1 10 active duty status in the armed forces. 1 11 Sec. . Section 426A.13, unnumbered paragraphs 1 1 12 through 3, Code 2003, are amended to read as follows: 1 13 A person named in section 426A.11, who is a 1 14 resident of and domiciled in the state of Iowa, shall 1 15 receive a reduction equal to the exemption, to be made 1 16 from any property owned by the person or owned by a 1 17 family farm corporation of which the person is a 1 18 shareholder and who occupies the property and so 1 19 designated by proceeding as provided in the section. 1 20 To be eligible to receive the exemption the person 1 21 claiming it shall have recorded in the office of the 1 22 county recorder of the county in which is located the 1 23 property designated for the exemption, evidence of 1 24 property ownership by that person or the family farm 1 25 corporation of which the person is a shareholder and 1 26 the military certificate of satisfactory service, 1 27 order transferring to inactive status, reserve, 1 28 retirement, order of separation from service, 1 29 honorable discharge or a copy of any of these 1 30 documents of the person claiming or through whom is 1 31 claimed the exemption. In the case of a person 1 32 claiming the exemption for currently serving in the 1 33 national guard or armed services reserve or currently 1 34 on active duty status in the armed forces, the person 1 35 shall file a statement signed by the person's 1 36 immediate commanding officer. 1 37 The person shall file with the appropriate assessor 1 38 on forms obtained from the assessor the claim for 1 39 exemption for the year for which the person is first 1 40 claiming the exemption. The claim shall be filed not 1 41 later than July 1 of the year for which the person is 1 42 claiming the exemption. The claim shall set out the 1 43 fact that the person is a resident of and domiciled in 1 44 the state of Iowa, and a person within the terms of 1 45 section 426A.11, and shall give the volume and page on 1 46 which the certificate of satisfactory service, order 1 47 of separation, retirement, furlough to reserve, 1 48 inactive status, or honorable discharge or certified 1 49 copy thereof is recorded in the office of the county 1 50 recorder, and may include the designation of the 2 1 property from which the exemption is to be made, and 2 2 shall further state that the claimant is the equitable 2 3 or legal owner of the property designated or if the 2 4 property is owned by a family farm corporation, that 2 5 the person is a shareholder of that corporation and 2 6 that the person occupies the property. In the case of 2 7 a person claiming the exemption for currently serving 2 8 in the national guard or armed services reserve or 2 9 currently on active duty status in the armed forces, 2 10 the person shall file a statement signed by the 2 11 person's immediate commanding officer. 2 12 Upon the filing and allowance of the claim, the 2 13 claim shall be allowed to that person for successive 2 14 years without further filing. However, in the case of 2 15 a person currently serving in the national guard or 2 16 armed services reserve or currently on active duty 2 17 status in the armed forces, such person shall file 2 18 each year to be eligible to obtain the exemption. 2 19 Provided, that notwithstanding the filing or having on 2 20 file a claim for exemption, the person or person's 2 21 spouse is the legal or equitable owner of the property 2 22 on July 1 of the year for which the claim is allowed. 2 23 When the property is sold or transferred or the person 2 24 wishes to designate different property for the 2 25 exemption, a person who wishes to receive the 2 26 exemption shall refile for the exemption. A person 2 27 who sells or transfers property which is designated 2 28 for the exemption or the personal representative of a 2 29 deceased person who owned such property shall provide 2 30 written notice to the assessor that the property is no 2 31 longer legally or equitably owned by the former 2 32 claimant." 2 33 #2. Title page, line 3, by inserting after the 2 34 word "reimbursement," the following: "expanding the 2 35 military service tax credit to include those currently 2 36 serving in the national guard or armed forces reserve 2 37 or currently on active duty status in the armed 2 38 forces,". 2 39 2 40 2 41 2 42 DENNIS H. BLACK 2 43 2 44 2 45 2 46 DARYL BEALL 2 47 2 48 2 49 2 50 JOE BOLKCOM 3 1 3 2 3 3 3 4 MIKE CONNOLLY 3 5 3 6 3 7 3 8 THOMAS G. COURTNEY 3 9 3 10 3 11 3 12 DICK L. DEARDEN 3 13 3 14 3 15 3 16 WILLIAM A. DOTZLER 3 17 3 18 3 19 3 20 ROBERT E. DVORSKY 3 21 3 22 3 23 3 24 GENE FRAISE 3 25 3 26 3 27 3 28 MICHAEL E. GRONSTAL 3 29 3 30 3 31 3 32 JACK HATCH 3 33 3 34 3 35 3 36 JACK HOLVECK 3 37 3 38 3 39 3 40 WALLY E. HORN 3 41 3 42 3 43 3 44 JOHN P. KIBBIE 3 45 3 46 3 47 3 48 KEITH KREIMAN 3 49 3 50 4 1 4 2 MATT McCOY 4 3 4 4 4 5 4 6 HERMAN QUIRMBACH 4 7 4 8 4 9 4 10 AMANDA RAGAN 4 11 4 12 4 13 4 14 DR. JOE M. SENG 4 15 4 16 4 17 4 18 ROGER STEWART 4 19 4 20 4 21 4 22 STEVE H. WARNSTADT 4 23 SF 202.303 80 4 24 mg/cf
Text: S03018 Text: S03020 Text: S03000 - S03099 Text: S Index Bills and Amendments: General Index Bill History: General Index
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