Senate File 522 H-1724 Amend the amendment, H-1716, to Senate File 522, as 1 passed by the Senate, as follows: 2 1. Page 7, after line 19 by inserting: 3 < Sec. ___. Section 441.21, subsection 8, paragraph 4 b, Code 2011, is amended to read as follows: 5 b. Notwithstanding paragraph “a” , any construction 6 or installation of a solar energy system on property 7 classified as agricultural, residential, commercial, 8 recreational, or industrial property shall not increase 9 the actual, assessed , and taxable values of the 10 property for five full assessment years. 11 Sec. ___. Section 441.21, subsections 9 and 10, 12 Code 2011, are amended to read as follows: 13 9. Not later than November 1, 1979, and November 14 1 of each subsequent year, the director shall certify 15 to the county auditor of each county the percentages 16 of actual value at which residential property, 17 agricultural property, commercial property, industrial 18 property, recreational property, and property valued 19 by the department of revenue pursuant to chapters 428 , 20 433 , 434 , 437 , and 438 in each assessing jurisdiction 21 in the county shall be assessed for taxation. The 22 county auditor shall proceed to determine the assessed 23 values of agricultural property, residential property, 24 commercial property, industrial property, recreational 25 property, and property valued by the department of 26 revenue pursuant to chapters 428 , 433 , 434 , 437 , and 27 438 by applying such percentages to the current actual 28 value of such property, as reported to the county 29 auditor by the assessor, and the assessed values 30 so determined shall be the taxable values of such 31 properties upon which the levy shall be made. 32 10. The percentage of actual value computed by 33 the director for agricultural property, residential 34 property, commercial property, industrial property , 35 recreational property, and property valued by the 36 department of revenue pursuant to chapters 428 , 433 , 37 434 , 437 , and 438 and used to determine assessed values 38 of those classes of property does not constitute a rule 39 as defined in section 17A.2, subsection 11 . 40 Sec. ___. Section 441.21, Code 2011, is amended by 41 adding the following new subsection: 42 NEW SUBSECTION . 13. a. (1) For valuations 43 established for the assessment year beginning January 44 1, 2012, property described in this subsection shall 45 be valued as a separate class of property called 46 recreational property and shall be assessed at ninety 47 percent of its actual value. 48 (2) For valuations established for the assessment 49 year beginning January 1, 2013, through valuations 50 -1- H1716.3171 (1) 84 md/sc 1/ 2 #1.
established for the assessment year beginning January 1 1, 2015, recreational property shall be valued as a 2 separate class of property and shall be assessed at 3 a percentage of actual value equal to the percentage 4 of actual value that the recreational property was 5 assessed in the previous assessment year minus ten 6 percentage points. 7 (3) For valuations established for the assessment 8 year beginning January 1, 2016, and each assessment 9 year thereafter, recreational property shall be valued 10 as a separate class of property and shall be assessed 11 at fifty percent of its actual value. 12 b. Recreational property is subject to reassessment 13 by the assessor and is subject to the same equalization 14 percentage amount determined by the director of revenue 15 pursuant to section 441.49 as is ordered for commercial 16 property. 17 c. For purposes of this subsection, “recreational 18 property” means a golf course, downhill skiing area, 19 campground, amusement park, or water theme park, if 20 such property is operated as a commercial enterprise 21 and otherwise subject to taxation. > 22 2. Page 23, line 6, after < limitations, > by 23 inserting < creating a recreational class of property, > 24 3. By renumbering as necessary. 25 ______________________________ THOMAS of Clayton -2- H1716.3171 (1) 84 md/sc 2/ 2 #2. #3.