For the purposes of computing all debt limitations for municipalities, political subdivisions, school districts and taxing districts with respect to any debt incurred or proposed to be incurred after July 1, 1973, the actual value of all personal property as defined in section 427A.1 shall not exceed its actual value as of January 1, 1973.
[C75, 77, 79, 81, § 427A.14]
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Last update: Thu Mar 18 15:00:31 CST 1999
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