499A.14  Taxation.
  The real estate shall be taxed in the name of the cooperative, and each member of the cooperative shall pay that member’s proportionate share of the tax in accordance with the proration formula set forth in the bylaws, and each member occupying an apartment as a residence shall receive that member’s proportionate homestead tax exemption and credit and each veteran of the military services of the United States identified as such under the laws of the state of Iowa or the United States shall receive as a credit that member’s veterans tax benefit as prescribed by the laws of the state of Iowa.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499A.14]
91 Acts, ch 30, §6; 2023 Acts, ch 71, §46, 48, 49
Homestead credit, chapter 425
Veterans exemption, §426A.11
2023 amendment applies retroactively to assessment years beginning on or after January 1, 2023; 2023 Acts, ch 71, §49