House Amendment 8566


PAG LIN




     1  1    Amend House File 2574, as amended, passed, and
     1  2 reprinted by the House, as follows:
     1  3 #1.  Page 3, lines 28 and 29, by striking the words
     1  4 <of a nonprofit international> and inserting the
     1  5 following:  <or>.
     1  6 #2.  Page 3, line 30, by striking the words
     1  7 <promotion of the>.
     1  8 #3.  Page 4, line 4, by striking the words <of a
     1  9 nonprofit international> and inserting the following:
     1 10 <or>.
     1 11 #4.  Page 4, line 5, by striking the words
     1 12 <promotion of the>.
     1 13 #5.  Page 4, line 25, by inserting after the word
     1 14 <affiliate> the following:  <or organization>.
     1 15 #6.  Page 5, line 17, by inserting after the word
     1 16 <affiliate> the following:  <or organization>.
     1 17 #7.  Page 5, line 21, by inserting after the word
     1 18 <affiliate> the following:  <or organization>.
     1 19 #8.  Page 5, line 24, by inserting after the word
     1 20 <affiliate> the following:  <or organization>.
     1 21 #9.  Page 5, line 32, by inserting after the word
     1 22 <institution,> the following:  <nonprofit Iowa
     1 23 affiliate or organization,>.
     1 24 #10.  By striking page 9, line 21, through page 10,
     1 25 line 34.
     1 26 #11.  Page 11, by striking lines 7 through 16.
     1 27 #12.  Page 19, by inserting after line 8, the
     1 28 following:
     1 29    <Sec.    .  STUDY OF CERTAIN PROPERTY ASSESSMENT
     1 30 ISSUES.
     1 31    1.  The property tax implementation committee
     1 32 created in 2003 Iowa Acts, First Extraordinary
     1 33 Session, chapter 1, House File 692, shall study the
     1 34 method by which property that is rented or leased to
     1 35 low=income individuals and families, as authorized by
     1 36 section 42 of the Internal Revenue Code, is assessed
     1 37 for property tax purposes.  The committee shall
     1 38 consider the feasibility of allowing more than one
     1 39 method of assessment with such method being chosen by
     1 40 the taxpayer or property owner.
     1 41    2.  The committee shall conduct a separate study of
     1 42 current statutory provisions on apportionment of costs
     1 43 relating to a protest of property assessment to the
     1 44 local board of review and relating to appeals of
     1 45 decisions of the board of review to district court.
     1 46    3.  The committee shall report to the general
     1 47 assembly by December 31, 2004.  A separate report
     1 48 shall be prepared for the study required under
     1 49 subsection 1 and for the study required under
     1 50 subsection 2.  Each report shall contain
     2  1 recommendations for legislative action.>
     2  2 #13.  By renumbering, relettering, or redesignating
     2  3 and correcting internal references as necessary.
     2  4 HF 2574.S
     2  5 sc/cc/26

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