House Amendment 1021


PAG LIN




     1  1    Amend House File 96 as follows:
     1  2 #1.  By striking everything after the enacting
     1  3 clause and inserting the following:
     1  4    <Section 1.  NEW SECTION.  331.404  NOTICE OF
     1  5 TAXABLE VALUATION.
     1  6    At the next regularly scheduled meeting of the
     1  7 board of supervisors following receipt of the annual
     1  8 report from the county auditor pursuant to section
     1  9 331.510, subsection 4, the board of supervisors shall
     1 10 publish, as part of the minutes of that meeting,
     1 11 notice of the amount of taxable valuation reported for
     1 12 the following fiscal year and the amount of taxable
     1 13 valuation reported in the previous year for the
     1 14 current fiscal year.
     1 15    The following statement shall be published below
     1 16 the notice of the amounts of taxable valuation:
     1 17    "An increase in taxable valuation of property may
     1 18 result in an increase in property taxes due for the
     1 19 fiscal year beginning July 1 unless the board of
     1 20 supervisors reduces the tax levy for that fiscal
     1 21 year."
     1 22    Sec. 2.  NEW SECTION.  384.22A  NOTICE OF TAXABLE
     1 23 VALUATION.
     1 24    At the next regularly scheduled meeting of the city
     1 25 council following receipt of the annual report from
     1 26 the county auditor pursuant to section 331.510,
     1 27 subsection 4, the city council shall publish, as part
     1 28 of the minutes of that meeting, notice of the amount
     1 29 of taxable valuation reported for the following fiscal
     1 30 year and the amount of taxable valuation reported in
     1 31 the previous year for the current fiscal year.
     1 32    The following statement shall be published below
     1 33 the notice of the amounts of taxable valuation:
     1 34    "An increase in taxable valuation of property may
     1 35 result in an increase in property taxes due for the
     1 36 fiscal year beginning July 1 unless the city council
     1 37 reduces the tax levy for that fiscal year.">
     1 38 #2.  Title page, by striking lines 1 through 3 and
     1 39 inserting the following:  <An Act relating to a city
     1 40 or county publishing notice of taxable valuation.>
     1 41
     1 42
     1 43                               
     1 44 CARROLL of Poweshiek
     1 45
     1 46
     1 47                               
     1 48 HUSER of Polk
     1 49
     1 50
     2  1                               
     2  2 KUHN of Floyd
     2  3 HF 96.301 80
     2  4 sc/cf

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