Text: S03371 Text: S03373 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend Senate File 458 as follows:
1 2 #1. Page 5, by inserting after line 12 the
1 3 following:
1 4 "Sec. . 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 June 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. . 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 June 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. . 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 June 15,
2 20 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 #2. Page 9, by inserting after line 18 the
2 27 following:
2 28 " . The sections appropriating moneys for the
2 29 reimbursement for the homestead tax credit, elderly
2 30 and disabled tax credit, and the agricultural land tax
2 31 credit."
2 32
2 33
2 34
2 35 JOHN P. KIBBIE
2 36 DENNIS H. BLACK
2 37 AMANDA RAGAN
2 38 JACK HATCH
2 39 THOMAS G. COURTNEY
2 40 HERMAN C. QUIRMBACH
2 41 DR. JOE SENG
2 42 MIKE CONNOLLY
2 43 MICHAEL E. GRONSTAL
2 44 DICK L. DEARDEN
2 45 ROGER STEWART
2 46 WILLIAM A. DOTZLER
2 47 JOE BOLKCOM
2 48 EUGENE S. FRAISE
2 49 STEVEN H. WARNSTADT
2 50 KEITH A. KREIMAN
3 1 JACK HOLVECK
3 2 DARYL BEALL
3 3 WALLY E. HORN
3 4 ROBERT E. DVORSKY
3 5 SF 458.506 80
3 6 mg/pj
Text: S03371 Text: S03373 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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