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Senate File 424

Partial Bill History

Bill Text

PAG LIN
  1  1                                             SENATE FILE 424
  1  2 
  1  3                             AN ACT
  1  4 RELATING TO URBAN RENEWAL INDEBTEDNESS REPORTING AND PROVIDING
  1  5    AN EFFECTIVE DATE.  
  1  6 
  1  7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  8 
  1  9    Section 1.  CITY AND COUNTY URBAN RENEWAL AREA INDEBTEDNESS
  1 10 REPORT.  On or before April 1, 2003, each city and county that
  1 11 has established an urban renewal area shall report to the
  1 12 department of management the total amount of loans, advances,
  1 13 indebtedness, or bonds outstanding on April 1, 2003, which
  1 14 qualify for payment from the special fund created in section
  1 15 403.19, including interest negotiated on such loans, advances,
  1 16 indebtedness, or bonds.  Indebtedness includes written
  1 17 agreements whereby the city or county agrees to suspend,
  1 18 abate, exempt, rebate, or reimburse property taxes with moneys
  1 19 in the special fund.  The amount of loans, advances,
  1 20 indebtedness, or bonds shall be listed in the aggregate for
  1 21 each city and county reporting.
  1 22    The department of management, in consultation with the
  1 23 legislative fiscal bureau, shall prepare a form for reporting
  1 24 pursuant to this section.  The department shall make the form
  1 25 available by electronic means.
  1 26    Sec. 2.  EFFECTIVE DATE.  This Act, being deemed of
  1 27 immediate importance, takes effect upon enactment.  
  1 28 
  1 29 
  1 30                                                             
  1 31                               MARY E. KRAMER
  1 32                               President of the Senate
  1 33 
  1 34 
  1 35                                                             
  2  1                               CHRISTOPHER C. RANTS
  2  2                               Speaker of the House
  2  3 
  2  4    I hereby certify that this bill originated in the Senate and
  2  5 is known as Senate File 424, Eightieth General Assembly.
  2  6 
  2  7 
  2  8                                                             
  2  9                               MICHAEL E. MARSHALL
  2 10                               Secretary of the Senate
  2 11 Approved                , 2003
  2 12 
  2 13 
  2 14                                
  2 15 THOMAS J. VILSACK
  2 16 Governor
     

Text: SF00423                           Text: SF00425
Text: SF00400 - SF00499                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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