Senate
File
2344
S-5258
Amend
Senate
File
2344
as
follows:
1
1.
By
striking
everything
after
the
enacting
clause
2
and
inserting:
3
<
DIVISION
I
4
EARNED
INCOME
TAX
CREDIT
5
Section
1.
Section
422.12B,
subsection
1,
Code
6
2011,
is
amended
to
read
as
follows:
7
1.
The
taxes
imposed
under
this
division
less
the
8
credits
allowed
under
section
422.12
shall
be
reduced
9
by
an
earned
income
credit
equal
to
seven
ten
percent
10
of
the
federal
earned
income
credit
provided
in
section
11
32
of
the
Internal
Revenue
Code.
Any
credit
in
excess
12
of
the
tax
liability
is
refundable.
13
Sec.
2.
RETROACTIVE
APPLICABILITY.
This
division
14
of
this
Act
applies
retroactively
to
January
1,
2012,
15
for
tax
years
beginning
on
or
after
that
date.
16
DIVISION
II
17
PROPERTY
TAX
ASSESSMENT
LIMITATIONS
——
PROPERTY
TAX
18
REPLACEMENT
19
Sec.
3.
Section
257.3,
subsection
1,
Code
2011,
is
20
amended
by
adding
the
following
new
paragraph:
21
NEW
PARAGRAPH
.
d.
The
amount
paid
to
each
school
22
district
for
the
commercial
and
industrial
property
23
tax
replacement
claim
under
section
441.21A
shall
be
24
regarded
as
property
tax.
The
portion
of
the
payment
25
which
is
foundation
property
tax
shall
be
determined
by
26
applying
the
foundation
property
tax
rate
to
the
amount
27
computed
under
section
441.21A,
subsection
4,
paragraph
28
“a”
,
and
such
amount
shall
be
prorated
pursuant
to
29
section
441.21A,
subsection
2,
if
applicable.
30
Sec.
4.
Section
331.512,
Code
2011,
is
amended
by
31
adding
the
following
new
subsection:
32
NEW
SUBSECTION
.
13A.
Carry
out
duties
relating
33
to
the
calculation
and
payment
of
commercial
and
34
industrial
property
tax
replacement
claims
under
35
section
441.21A.
36
Sec.
5.
Section
331.559,
Code
2011,
is
amended
by
37
adding
the
following
new
subsection:
38
NEW
SUBSECTION
.
25A.
Carry
out
duties
relating
39
to
the
calculation
and
payment
of
commercial
and
40
industrial
property
tax
replacement
claims
under
41
section
441.21A.
42
Sec.
6.
Section
441.21,
subsection
4,
Code
43
Supplement
2011,
is
amended
to
read
as
follows:
44
4.
For
valuations
established
as
of
January
45
1,
1979,
the
percentage
of
actual
value
at
which
46
agricultural
and
residential
property
shall
be
assessed
47
shall
be
the
quotient
of
the
dividend
and
divisor
as
48
defined
in
this
section
.
The
dividend
for
each
class
49
of
property
shall
be
the
dividend
as
determined
for
50
-1-
SF2344.6158
(3)
84
md/sc
1/
39
#1.
each
class
of
property
for
valuations
established
as
1
of
January
1,
1978,
adjusted
by
the
product
obtained
2
by
multiplying
the
percentage
determined
for
that
year
3
by
the
amount
of
any
additions
or
deletions
to
actual
4
value,
excluding
those
resulting
from
the
revaluation
5
of
existing
properties,
as
reported
by
the
assessors
6
on
the
abstracts
of
assessment
for
1978,
plus
six
7
percent
of
the
amount
so
determined.
However,
if
the
8
difference
between
the
dividend
so
determined
for
9
either
class
of
property
and
the
dividend
for
that
10
class
of
property
for
valuations
established
as
of
11
January
1,
1978,
adjusted
by
the
product
obtained
by
12
multiplying
the
percentage
determined
for
that
year
13
by
the
amount
of
any
additions
or
deletions
to
actual
14
value,
excluding
those
resulting
from
the
revaluation
15
of
existing
properties,
as
reported
by
the
assessors
16
on
the
abstracts
of
assessment
for
1978,
is
less
than
17
six
percent,
the
1979
dividend
for
the
other
class
of
18
property
shall
be
the
dividend
as
determined
for
that
19
class
of
property
for
valuations
established
as
of
20
January
1,
1978,
adjusted
by
the
product
obtained
by
21
multiplying
the
percentage
determined
for
that
year
22
by
the
amount
of
any
additions
or
deletions
to
actual
23
value,
excluding
those
resulting
from
the
revaluation
24
of
existing
properties,
as
reported
by
the
assessors
on
25
the
abstracts
of
assessment
for
1978,
plus
a
percentage
26
of
the
amount
so
determined
which
is
equal
to
the
27
percentage
by
which
the
dividend
as
determined
for
the
28
other
class
of
property
for
valuations
established
as
29
of
January
1,
1978,
adjusted
by
the
product
obtained
30
by
multiplying
the
percentage
determined
for
that
year
31
by
the
amount
of
any
additions
or
deletions
to
actual
32
value,
excluding
those
resulting
from
the
revaluation
33
of
existing
properties,
as
reported
by
the
assessors
34
on
the
abstracts
of
assessment
for
1978,
is
increased
35
in
arriving
at
the
1979
dividend
for
the
other
class
36
of
property.
The
divisor
for
each
class
of
property
37
shall
be
the
total
actual
value
of
all
such
property
38
in
the
state
in
the
preceding
year,
as
reported
by
the
39
assessors
on
the
abstracts
of
assessment
submitted
40
for
1978,
plus
the
amount
of
value
added
to
said
41
total
actual
value
by
the
revaluation
of
existing
42
properties
in
1979
as
equalized
by
the
director
of
43
revenue
pursuant
to
section
441.49
.
The
director
shall
44
utilize
information
reported
on
abstracts
of
assessment
45
submitted
pursuant
to
section
441.45
in
determining
46
such
percentage.
For
valuations
established
as
of
47
January
1,
1980,
and
each
assessment
year
thereafter
48
beginning
before
January
1,
2013
,
the
percentage
of
49
actual
value
as
equalized
by
the
director
of
revenue
50
-2-
SF2344.6158
(3)
84
md/sc
2/
39
as
provided
in
section
441.49
at
which
agricultural
1
and
residential
property
shall
be
assessed
shall
be
2
calculated
in
accordance
with
the
methods
provided
3
herein
including
the
limitation
of
increases
in
4
agricultural
and
residential
assessed
values
to
the
5
percentage
increase
of
the
other
class
of
property
if
6
the
other
class
increases
less
than
the
allowable
limit
7
adjusted
to
include
the
applicable
and
current
values
8
as
equalized
by
the
director
of
revenue,
except
that
9
any
references
to
six
percent
in
this
subsection
shall
10
be
four
percent.
For
valuations
established
as
of
11
January
1,
2013,
and
each
assessment
year
thereafter,
12
the
percentage
of
actual
value
as
equalized
by
the
13
director
of
revenue
as
provided
in
section
441.49
at
14
which
agricultural
and
residential
property
shall
be
15
assessed
shall
be
calculated
in
accordance
with
the
16
methods
provided
herein
including
the
limitation
of
17
increases
in
agricultural
and
residential
assessed
18
values
to
the
percentage
increase
of
the
other
class
19
of
property
if
the
other
class
increases
less
than
the
20
allowable
limit
adjusted
to
include
the
applicable
and
21
current
values
as
equalized
by
the
director
of
revenue,
22
except
that
any
references
to
six
percent
in
this
23
subsection
shall
be
three
percent.
24
Sec.
7.
Section
441.21,
subsection
5,
Code
25
Supplement
2011,
is
amended
to
read
as
follows:
26
5.
a.
For
valuations
established
as
of
January
27
1,
1979,
commercial
property
and
industrial
property,
28
excluding
properties
referred
to
in
section
427A.1,
29
subsection
8
,
shall
be
assessed
as
a
percentage
of
30
the
actual
value
of
each
class
of
property.
The
31
percentage
shall
be
determined
for
each
class
of
32
property
by
the
director
of
revenue
for
the
state
in
33
accordance
with
the
provisions
of
this
section
.
For
34
valuations
established
as
of
January
1,
1979,
the
35
percentage
shall
be
the
quotient
of
the
dividend
and
36
divisor
as
defined
in
this
section
.
The
dividend
37
for
each
class
of
property
shall
be
the
total
actual
38
valuation
for
each
class
of
property
established
for
39
1978,
plus
six
percent
of
the
amount
so
determined.
40
The
divisor
for
each
class
of
property
shall
be
the
41
valuation
for
each
class
of
property
established
for
42
1978,
as
reported
by
the
assessors
on
the
abstracts
43
of
assessment
for
1978,
plus
the
amount
of
value
44
added
to
the
total
actual
value
by
the
revaluation
45
of
existing
properties
in
1979
as
equalized
by
the
46
director
of
revenue
pursuant
to
section
441.49
.
For
47
valuations
established
as
of
January
1,
1979,
property
48
valued
by
the
department
of
revenue
pursuant
to
49
chapters
428
,
433
,
437
,
and
438
shall
be
considered
50
-3-
SF2344.6158
(3)
84
md/sc
3/
39
as
one
class
of
property
and
shall
be
assessed
as
a
1
percentage
of
its
actual
value.
The
percentage
shall
2
be
determined
by
the
director
of
revenue
in
accordance
3
with
the
provisions
of
this
section
.
For
valuations
4
established
as
of
January
1,
1979,
the
percentage
5
shall
be
the
quotient
of
the
dividend
and
divisor
as
6
defined
in
this
section
.
The
dividend
shall
be
the
7
total
actual
valuation
established
for
1978
by
the
8
department
of
revenue,
plus
ten
percent
of
the
amount
9
so
determined.
The
divisor
for
property
valued
by
10
the
department
of
revenue
pursuant
to
chapters
428
,
11
433
,
437
,
and
438
shall
be
the
valuation
established
12
for
1978,
plus
the
amount
of
value
added
to
the
total
13
actual
value
by
the
revaluation
of
the
property
by
14
the
department
of
revenue
as
of
January
1,
1979.
15
For
valuations
established
as
of
January
1,
1980,
16
commercial
property
and
industrial
property,
excluding
17
properties
referred
to
in
section
427A.1,
subsection
18
8
,
shall
be
assessed
at
a
percentage
of
the
actual
19
value
of
each
class
of
property.
The
percentage
20
shall
be
determined
for
each
class
of
property
by
21
the
director
of
revenue
for
the
state
in
accordance
22
with
the
provisions
of
this
section
.
For
valuations
23
established
as
of
January
1,
1980,
the
percentage
24
shall
be
the
quotient
of
the
dividend
and
divisor
as
25
defined
in
this
section
.
The
dividend
for
each
class
26
of
property
shall
be
the
dividend
as
determined
for
27
each
class
of
property
for
valuations
established
as
28
of
January
1,
1979,
adjusted
by
the
product
obtained
29
by
multiplying
the
percentage
determined
for
that
year
30
by
the
amount
of
any
additions
or
deletions
to
actual
31
value,
excluding
those
resulting
from
the
revaluation
32
of
existing
properties,
as
reported
by
the
assessors
33
on
the
abstracts
of
assessment
for
1979,
plus
four
34
percent
of
the
amount
so
determined.
The
divisor
35
for
each
class
of
property
shall
be
the
total
actual
36
value
of
all
such
property
in
1979,
as
equalized
by
37
the
director
of
revenue
pursuant
to
section
441.49
,
38
plus
the
amount
of
value
added
to
the
total
actual
39
value
by
the
revaluation
of
existing
properties
in
40
1980.
The
director
shall
utilize
information
reported
41
on
the
abstracts
of
assessment
submitted
pursuant
42
to
section
441.45
in
determining
such
percentage.
43
For
valuations
established
as
of
January
1,
1980,
44
property
valued
by
the
department
of
revenue
pursuant
45
to
chapters
428
,
433
,
437
,
and
438
shall
be
assessed
46
at
a
percentage
of
its
actual
value.
The
percentage
47
shall
be
determined
by
the
director
of
revenue
in
48
accordance
with
the
provisions
of
this
section
.
For
49
valuations
established
as
of
January
1,
1980,
the
50
-4-
SF2344.6158
(3)
84
md/sc
4/
39
percentage
shall
be
the
quotient
of
the
dividend
and
1
divisor
as
defined
in
this
section
.
The
dividend
shall
2
be
the
total
actual
valuation
established
for
1979
by
3
the
department
of
revenue,
plus
eight
percent
of
the
4
amount
so
determined.
The
divisor
for
property
valued
5
by
the
department
of
revenue
pursuant
to
chapters
428
,
6
433
,
437
,
and
438
shall
be
the
valuation
established
7
for
1979,
plus
the
amount
of
value
added
to
the
total
8
actual
value
by
the
revaluation
of
the
property
by
9
the
department
of
revenue
as
of
January
1,
1980.
For
10
valuations
established
as
of
January
1,
1981,
and
11
each
year
thereafter,
the
percentage
of
actual
value
12
as
equalized
by
the
director
of
revenue
as
provided
13
in
section
441.49
at
which
commercial
property
and
14
industrial
property,
excluding
properties
referred
to
15
in
section
427A.1,
subsection
8
,
shall
be
assessed
16
shall
be
calculated
in
accordance
with
the
methods
17
provided
herein,
except
that
any
references
to
six
18
percent
in
this
subsection
shall
be
four
percent.
19
For
valuations
established
as
of
January
1,
1981,
20
and
each
year
thereafter,
the
percentage
of
actual
21
value
at
which
property
valued
by
the
department
of
22
revenue
pursuant
to
chapters
428
,
433
,
437
,
and
438
23
shall
be
assessed
shall
be
calculated
in
accordance
24
with
the
methods
provided
herein,
except
that
any
25
references
to
ten
percent
in
this
subsection
shall
be
26
eight
percent.
For
assessment
years
beginning
on
or
27
after
January
1,
2013,
but
before
January
1,
2019,
the
28
percentage
of
actual
value
at
which
property
valued
by
29
the
department
of
revenue
pursuant
to
chapters
428,
30
433,
437,
and
438
shall
be
assessed
shall
be
calculated
31
using
property
valuations
for
the
applicable
assessment
32
years
that
include
the
total
value
of
property
exempt
33
from
taxation
under
section
433.4,
subsection
2,
34
paragraph
“b”
,
if
enacted
in
division
III
of
this
Act,
35
notwithstanding
section
433.4,
subsection
2,
paragraph
36
“c”
,
if
enacted
in
division
III
of
this
Act.
Beginning
37
with
valuations
established
as
of
January
1,
1979,
38
and
each
assessment
year
thereafter
beginning
before
39
January
1,
2013
,
property
valued
by
the
department
of
40
revenue
pursuant
to
chapter
434
shall
also
be
assessed
41
at
a
percentage
of
its
actual
value
which
percentage
42
shall
be
equal
to
the
percentage
determined
by
the
43
director
of
revenue
for
commercial
property,
industrial
44
property,
or
property
valued
by
the
department
of
45
revenue
pursuant
to
chapters
428
,
433
,
437
,
and
438
,
46
whichever
is
lowest.
For
valuations
established
47
on
or
after
January
1,
2013,
property
valued
by
the
48
department
of
revenue
pursuant
to
chapter
434
shall
49
be
assessed
at
a
percentage
of
its
actual
value
equal
50
-5-
SF2344.6158
(3)
84
md/sc
5/
39
to
the
percentage
of
actual
value
at
which
property
1
assessed
as
commercial
property
is
assessed
for
the
2
same
assessment
year
under
paragraph
“b”
.
3
b.
For
valuations
established
on
or
after
January
4
1,
2013,
commercial
property,
excluding
properties
5
referred
to
in
section
427A.1,
subsection
8,
shall
6
be
assessed
as
a
percentage
of
its
actual
value,
as
7
determined
in
this
paragraph
“b”
.
For
valuations
8
established
for
the
assessment
year
beginning
January
9
1,
2013,
the
percentage
of
actual
value
as
equalized
by
10
the
director
of
revenue
as
provided
in
section
441.49
11
at
which
commercial
property
shall
be
assessed
shall
12
be
ninety-eight
percent.
For
valuations
established
13
for
the
assessment
year
beginning
January
1,
2014,
14
the
percentage
of
actual
value
as
equalized
by
the
15
director
of
revenue
as
provided
in
section
441.49
at
16
which
commercial
property
shall
be
assessed
shall
17
be
ninety-six
percent.
For
valuations
established
18
for
the
assessment
year
beginning
January
1,
2015,
19
the
percentage
of
actual
value
as
equalized
by
the
20
director
of
revenue
as
provided
in
section
441.49
at
21
which
commercial
property
shall
be
assessed
shall
22
be
ninety-four
percent.
For
valuations
established
23
for
the
assessment
year
beginning
January
1,
2016,
24
the
percentage
of
actual
value
as
equalized
by
the
25
director
of
revenue
as
provided
in
section
441.49
at
26
which
commercial
property
shall
be
assessed
shall
be
27
ninety-two
percent.
For
valuations
established
for
28
the
assessment
year
beginning
January
1,
2017,
and
29
each
assessment
year
thereafter,
the
percentage
of
30
actual
value
as
equalized
by
the
director
of
revenue
as
31
provided
in
section
441.49
at
which
commercial
property
32
shall
be
assessed
shall
be
ninety
percent.
33
c.
For
valuations
established
on
or
after
January
34
1,
2013,
industrial
property,
excluding
properties
35
referred
to
in
section
427A.1,
subsection
8,
shall
36
be
assessed
as
a
percentage
of
its
actual
value,
as
37
determined
in
this
paragraph
“c”
.
For
valuations
38
established
for
the
assessment
year
beginning
January
39
1,
2013,
the
percentage
of
actual
value
as
equalized
by
40
the
director
of
revenue
as
provided
in
section
441.49
41
at
which
industrial
property
shall
be
assessed
shall
42
be
ninety-eight
percent.
For
valuations
established
43
for
the
assessment
year
beginning
January
1,
2014,
44
the
percentage
of
actual
value
as
equalized
by
the
45
director
of
revenue
as
provided
in
section
441.49
at
46
which
industrial
property
shall
be
assessed
shall
47
be
ninety-six
percent.
For
valuations
established
48
for
the
assessment
year
beginning
January
1,
2015,
49
the
percentage
of
actual
value
as
equalized
by
the
50
-6-
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39
director
of
revenue
as
provided
in
section
441.49
at
1
which
industrial
property
shall
be
assessed
shall
2
be
ninety-four
percent.
For
valuations
established
3
for
the
assessment
year
beginning
January
1,
2016,
4
the
percentage
of
actual
value
as
equalized
by
the
5
director
of
revenue
as
provided
in
section
441.49
at
6
which
industrial
property
shall
be
assessed
shall
be
7
ninety-two
percent.
For
valuations
established
for
8
the
assessment
year
beginning
January
1,
2017,
and
9
each
assessment
year
thereafter,
the
percentage
of
10
actual
value
as
equalized
by
the
director
of
revenue
as
11
provided
in
section
441.49
at
which
industrial
property
12
shall
be
assessed
shall
be
ninety
percent.
13
Sec.
8.
NEW
SECTION
.
441.21A
Commercial
and
14
industrial
property
tax
replacement
fund
——
replacement
15
claims.
16
1.
a.
The
commercial
and
industrial
property
17
tax
replacement
fund
is
created
in
the
state
treasury
18
under
the
control
of
the
department
of
revenue
for
19
the
payment
of
commercial
and
industrial
property
tax
20
replacement
claims
in
fiscal
years
beginning
on
or
21
after
July
1,
2014.
22
b.
For
the
fiscal
year
beginning
July
1,
2014,
23
there
is
appropriated
from
the
general
fund
of
the
24
state
to
the
department
of
revenue
to
be
credited
to
25
the
fund
an
amount
necessary
to
pay
all
commercial
26
and
industrial
property
tax
replacement
claims
for
27
the
fiscal
year,
not
to
exceed
twenty-eight
million
28
dollars.
For
the
fiscal
year
beginning
July
1,
2015,
29
there
is
appropriated
from
the
general
fund
of
the
30
state
to
the
department
of
revenue
to
be
credited
to
31
the
fund
an
amount
necessary
to
pay
all
commercial
and
32
industrial
property
tax
replacement
claims
for
the
33
fiscal
year,
not
to
exceed
fifty-six
million
dollars.
34
For
the
fiscal
year
beginning
July
1,
2016,
there
35
is
appropriated
from
the
general
fund
of
the
state
36
to
the
department
of
revenue
to
be
credited
to
the
37
fund
an
amount
necessary
to
pay
all
commercial
and
38
industrial
property
tax
replacement
claims
for
the
39
fiscal
year,
not
to
exceed
eighty-four
million
dollars.
40
For
the
fiscal
year
beginning
July
1,
2017,
there
is
41
appropriated
from
the
general
fund
of
the
state
to
the
42
department
of
revenue
to
be
credited
to
the
fund
an
43
amount
necessary
to
pay
all
commercial
and
industrial
44
property
tax
replacement
claims
for
the
fiscal
year,
45
not
to
exceed
one
hundred
twelve
million
dollars.
For
46
the
fiscal
year
beginning
July
1,
2018,
and
each
fiscal
47
year
thereafter,
there
is
appropriated
from
the
general
48
fund
of
the
state
to
the
department
of
revenue
to
be
49
credited
to
the
fund
an
amount
necessary
to
pay
all
50
-7-
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84
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39
commercial
and
industrial
property
tax
replacement
1
claims
for
the
fiscal
year,
not
to
exceed
one
hundred
2
forty
million
dollars.
3
2.
Beginning
with
the
fiscal
year
beginning
July
4
1,
2014,
each
county
treasurer
shall
be
paid
from
the
5
commercial
and
industrial
property
tax
replacement
6
fund
an
amount
equal
to
the
amount
of
the
commercial
7
and
industrial
property
tax
replacement
claims
in
the
8
county,
as
calculated
in
subsection
4.
If
an
amount
9
appropriated
for
a
fiscal
year
is
insufficient
to
pay
10
all
replacement
claims,
the
director
of
revenue
shall
11
prorate
the
disbursements
from
the
fund
to
the
county
12
treasurers
and
shall
notify
the
county
auditors
of
13
the
pro
rata
percentage
on
or
before
September
30.
14
Any
unspent
balance
in
the
fund
as
of
June
30
of
each
15
year
shall
revert
to
the
general
fund
of
the
state
as
16
provided
by
section
8.33.
17
3.
a.
On
or
before
July
1
of
each
fiscal
year
18
beginning
on
or
after
July
1,
2014,
the
assessor
shall
19
determine
the
total
assessed
value
of
all
commercial
20
property,
industrial
property,
and
property
assessed
21
by
the
department
of
revenue
pursuant
to
chapter
434
22
assessed
for
taxes
due
and
payable
in
that
fiscal
year
23
and
the
total
assessed
value
of
such
property
assessed
24
as
of
January
1,
2012,
and
shall
report
the
valuations
25
to
the
county
auditor.
26
b.
For
purposes
of
calculating
replacement
claims
27
under
this
division
of
this
Act,
the
total
assessed
28
value
of
commercial
property,
industrial
property,
and
29
property
assessed
by
the
department
of
revenue
pursuant
30
to
chapter
434
as
of
January
1,
2012,
shall
not
include
31
property
classified
as
multiresidential
property
under
32
section
441.21,
subsection
13,
if
enacted
by
division
33
VI
of
this
Act,
which
was
classified
as
commercial
34
property,
industrial
property,
or
property
assessed
by
35
the
department
of
revenue
pursuant
to
chapter
434
for
36
assessment
years
beginning
before
January
1,
2013.
37
4.
On
or
before
September
1
of
each
fiscal
year
38
beginning
on
or
after
July
1,
2014,
the
county
auditor
39
shall
prepare
a
statement,
based
upon
the
report
40
received
pursuant
to
subsection
3,
listing
for
each
41
taxing
district
in
the
county:
42
a.
The
difference
between
the
assessed
valuation
43
of
all
commercial
property,
industrial
property,
44
and
property
assessed
by
the
department
of
revenue
45
pursuant
to
chapter
434
for
the
assessment
year
used
46
to
calculate
taxes
which
are
due
and
payable
in
the
47
applicable
fiscal
year
and
the
assessed
value
of
all
48
commercial
property,
industrial
property,
and
property
49
assessed
by
the
department
of
revenue
pursuant
to
50
-8-
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84
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39
chapter
434
assessed
as
of
January
1,
2012.
If
the
1
assessed
value
of
all
commercial
property,
industrial
2
property,
and
property
assessed
by
the
department
of
3
revenue
pursuant
to
chapter
434
assessed
as
of
January
4
1,
2012,
is
less
than
the
assessed
valuation
of
all
5
commercial
property,
industrial
property,
and
property
6
assessed
by
the
department
of
revenue
pursuant
to
7
chapter
434
for
the
assessment
year
used
to
calculate
8
taxes
which
are
due
and
payable
in
the
applicable
9
fiscal
year,
there
is
no
tax
replacement
for
that
10
taxing
district
for
the
fiscal
year.
11
b.
The
tax
levy
rate
for
each
taxing
district
for
12
that
fiscal
year.
13
c.
The
commercial
and
industrial
property
tax
14
replacement
claim
for
each
taxing
district.
For
15
fiscal
years
beginning
on
or
after
July
1,
2014,
the
16
replacement
claim
is
equal
to
the
amount
determined
17
pursuant
to
paragraph
“a”
,
multiplied
by
the
tax
rate
18
specified
in
paragraph
“b”
.
19
5.
For
purposes
of
computing
replacement
amounts
20
under
this
section,
that
portion
of
an
urban
renewal
21
area
defined
as
the
sum
of
the
assessed
valuations
22
defined
in
section
403.19,
subsections
1
and
2,
shall
23
be
considered
a
taxing
district.
24
6.
a.
The
county
auditor
shall
certify
and
forward
25
one
copy
of
the
statement
to
the
department
of
revenue
26
not
later
than
September
1
of
each
year.
27
b.
The
replacement
claims
shall
be
paid
to
each
28
county
treasurer
in
equal
installments
in
September
29
and
March
of
each
year.
The
county
treasurer
shall
30
apportion
the
replacement
claim
payments
among
the
31
eligible
taxing
districts
in
the
county.
32
c.
If
the
taxing
district
is
an
urban
renewal
33
area,
the
amount
of
the
replacement
claim
shall
be
34
apportioned
as
provided
in
subsection
7.
35
7.
a.
If
the
total
assessed
value
of
property
36
located
in
an
urban
renewal
area
taxing
district
37
for
the
assessment
year
for
property
taxes
due
and
38
payable
in
the
applicable
fiscal
year
is
equal
to
or
39
more
than
that
portion
of
such
valuation
defined
in
40
section
403.19,
subsection
1,
the
total
replacement
41
claim
amount
computed
pursuant
to
subsection
4
shall
be
42
credited
to
that
portion
of
the
assessed
value
defined
43
in
section
403.19,
subsection
2.
44
b.
If
the
total
assessed
value
of
the
property
45
located
in
an
urban
renewal
area
taxing
district
for
46
the
assessment
year
for
property
taxes
due
and
payable
47
in
the
applicable
fiscal
year
is
less
than
that
portion
48
of
such
valuation
defined
in
section
403.19,
subsection
49
1,
the
replacement
amount
shall
be
credited
to
those
50
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84
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39
portions
of
the
assessed
value
defined
in
section
1
403.19,
subsections
1
and
2,
as
follows:
2
(1)
To
that
portion
defined
in
section
403.19,
3
subsection
1,
an
amount
equal
to
the
amount
that
would
4
be
produced
by
multiplying
the
applicable
consolidated
5
levy
rate
times
the
difference
between
the
assessed
6
value
of
the
taxable
property
defined
in
section
7
403.19,
subsection
1,
and
the
total
assessed
value
8
of
the
property
located
in
the
urban
renewal
area
9
taxing
district
in
the
assessment
year
for
property
10
taxes
due
and
payable
in
the
fiscal
year
for
which
the
11
replacement
claim
is
computed.
12
(2)
To
that
portion
defined
in
section
403.19,
13
subsection
2,
the
remaining
amount,
if
any.
14
c.
Notwithstanding
the
allocation
provisions
15
of
paragraphs
“a”
and
“b”
,
the
amount
of
the
tax
16
replacement
amount
that
shall
be
allocated
to
that
17
portion
of
the
assessed
value
defined
in
section
18
403.19,
subsection
2,
shall
not
exceed
the
amount
19
equal
to
the
amount
certified
to
the
county
auditor
20
under
section
403.19
for
the
fiscal
year
in
which
21
the
claim
is
paid,
after
deduction
of
the
amount
of
22
other
revenues
committed
for
payment
on
that
amount
23
for
the
fiscal
year.
The
amount
not
allocated
to
24
that
portion
of
the
assessed
value
defined
in
section
25
403.19,
subsection
2,
as
a
result
of
the
operation
of
26
this
paragraph,
shall
be
allocated
to
that
portion
of
27
assessed
value
defined
in
section
403.19,
subsection
1.
28
d.
The
amount
of
the
replacement
claim
amount
29
credited
to
the
portion
of
the
assessed
value
defined
30
in
section
403.19,
subsection
1,
shall
be
allocated
31
to
and
when
received
be
paid
into
the
fund
for
the
32
respective
taxing
district
as
taxes
by
or
for
the
33
taxing
district
into
which
all
other
property
taxes
34
are
paid.
The
amount
of
the
replacement
claim
amount
35
credited
to
the
portion
of
the
assessed
value
defined
36
in
section
403.19,
subsection
2,
shall
be
allocated
to
37
and
when
collected
be
paid
into
the
special
fund
of
the
38
municipality
under
section
403.19,
subsection
2.
39
Sec.
9.
SAVINGS
PROVISION.
This
division
of
this
40
Act,
pursuant
to
section
4.13,
does
not
affect
the
41
operation
of,
or
prohibit
the
application
of,
prior
42
provisions
of
section
441.21,
or
rules
adopted
under
43
chapter
17A
to
administer
prior
provisions
of
section
44
441.21,
for
assessment
years
beginning
before
January
45
1,
2013,
and
for
duties,
powers,
protests,
appeals,
46
proceedings,
actions,
or
remedies
attributable
to
an
47
assessment
year
beginning
before
January
1,
2013.
48
Sec.
10.
APPLICABILITY.
This
division
of
this
49
Act
applies
to
assessment
years
beginning
on
or
after
50
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84
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39
January
1,
2013.
1
DIVISION
III
2
TELECOMMUNICATIONS
PROPERTY
TAX
3
Sec.
11.
Section
427A.1,
subsection
1,
paragraph
h,
4
Code
2011,
is
amended
to
read
as
follows:
5
h.
Property
assessed
by
the
department
of
revenue
6
pursuant
to
sections
428.24
to
428.29
,
or
chapters
433
,
7
434
,
437
,
437A
,
and
438
.
8
Sec.
12.
Section
433.4,
Code
2011,
is
amended
to
9
read
as
follows:
10
433.4
Assessment.
11
1.
The
director
of
revenue
shall
on
or
before
12
October
31
each
year,
proceed
to
find
the
actual
value
13
of
the
property
of
these
companies
in
this
state
used
14
by
the
companies
in
the
transaction
of
telegraph
and
15
telephone
business
,
taking
into
consideration
the
16
information
obtained
from
the
statements
required,
and
17
any
further
information
the
director
can
obtain,
using
18
the
same
as
a
means
for
determining
the
actual
cash
19
value
of
the
property
of
these
companies
within
this
20
state.
The
director
shall
also
take
into
consideration
21
the
valuation
of
all
property
of
these
companies,
22
including
franchises
and
the
use
of
the
property
in
23
connection
with
lines
outside
the
state,
and
making
24
these
deductions
as
may
be
necessary
on
account
of
25
extra
value
of
property
outside
the
state
as
compared
26
with
the
value
of
property
in
the
state,
in
order
that
27
the
actual
cash
value
of
the
property
of
the
company
28
within
this
state
may
be
ascertained.
The
assessment
29
shall
include
all
property
of
every
kind
and
character
30
whatsoever,
real,
personal,
or
mixed,
used
by
the
31
companies
in
the
transaction
of
telegraph
and
telephone
32
business;
and
the
The
property
so
included
in
the
33
assessment
shall
not
be
taxed
in
any
other
manner
than
34
as
provided
in
this
chapter
.
35
2.
a.
Except
as
provided
in
paragraph
“c
”,
for
36
assessment
years
beginning
on
or
after
January
1,
37
2013,
a
company’s
property,
excluding
the
property
38
identified
in
paragraph
“b”
as
exempt
from
taxation,
39
shall
be
subject
to
assessment
and
taxation
under
this
40
chapter
by
the
director
of
revenue
in
the
same
manner
41
as
property
assessed
and
taxed
as
commercial
property
42
under
chapters
427,
427A,
427B,
428,
and
441.
43
b.
All
of
the
following
is
exempt
from
taxation
and
44
shall
not
be
assessed
for
taxation
under
this
chapter:
45
(1)
Central
office
equipment.
46
(2)
Transmission
equipment.
47
(3)
Qualified
telephone
company
property.
However,
48
qualified
telephone
company
property
shall
be
valued
49
and
included
in
the
company’s
assessment
for
the
50
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39
assessment
years,
and
to
the
extent
specified,
in
1
paragraph
“c”
.
2
(4)
Intangible
property.
3
c.
For
assessment
years
beginning
on
or
after
4
January
1,
2013,
but
before
January
1,
2018,
the
5
director
of
revenue
shall
include
as
part
of
the
actual
6
value
determined
under
paragraph
“a”
for
the
applicable
7
assessment
year,
the
following:
8
(1)
For
the
assessment
year
beginning
January
9
1,
2013,
an
amount
equal
to
the
actual
value
of
the
10
company’s
qualified
telephone
company
property
that
11
exceeds
five
million
dollars.
12
(2)
For
the
assessment
year
beginning
January
13
1,
2014,
an
amount
equal
to
the
actual
value
of
the
14
company’s
qualified
telephone
company
property
that
15
exceeds
twenty-five
million
dollars.
16
(3)
For
the
assessment
year
beginning
January
17
1,
2015,
an
amount
equal
to
the
actual
value
of
the
18
company’s
qualified
telephone
company
property
that
19
exceeds
fifty
million
dollars.
20
(4)
For
the
assessment
year
beginning
January
21
1,
2016,
an
amount
equal
to
the
actual
value
of
the
22
company’s
qualified
telephone
company
property
that
23
exceeds
one
hundred
million
dollars.
24
(5)
For
the
assessment
year
beginning
January
25
1,
2017,
an
amount
equal
to
the
actual
value
of
the
26
company’s
qualified
telephone
company
property
that
27
exceeds
one
hundred
fifty
million
dollars.
28
Sec.
13.
Section
433.12,
Code
2011,
is
amended
by
29
adding
the
following
new
subsections:
30
NEW
SUBSECTION
.
1A.
As
used
in
this
chapter,
31
“central
office
equipment”
means
equipment
owned
or
32
leased
by
a
company
and
used
in
initiating,
amplifying,
33
switching,
or
monitoring
telecommunications
services,
34
including
such
ancillary
equipment
necessary
for
the
35
support,
regulation,
control,
repair,
or
testing
of
36
such
equipment.
37
NEW
SUBSECTION
.
2A.
As
used
in
this
chapter,
38
“intangible
property”
includes
but
is
not
limited
to
39
goodwill
associated
with
a
company.
40
NEW
SUBSECTION
.
3.
As
used
in
this
chapter,
41
“qualified
telephone
company
property”
means
telephone
42
wire,
telephone
cable,
fiber
optic
cable,
conduit
43
systems,
poles,
or
other
equipment
owned
or
leased
by
44
a
company
and
used
by
the
company
to
transmit
sound
or
45
data.
46
NEW
SUBSECTION
.
4.
As
used
in
this
chapter,
47
“transmission
equipment”
means
equipment
owned
or
48
leased
by
a
company
and
used
in
the
process
of
sending
49
information
from
one
location
to
another
location,
50
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SF2344.6158
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84
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39
including
such
ancillary
equipment
necessary
for
the
1
support,
regulation,
control,
repair,
or
testing
of
2
such
equipment.
3
Sec.
14.
Section
476.1D,
subsection
10,
Code
4
Supplement
2011,
is
amended
by
striking
the
subsection.
5
Sec.
15.
SAVINGS
PROVISION.
This
division
of
this
6
Act,
pursuant
to
section
4.13,
does
not
affect
the
7
operation
of,
or
prohibit
the
application
of,
prior
8
provisions
of
chapter
433,
or
rules
adopted
under
9
chapter
17A
to
administer
prior
provisions
of
chapter
10
433,
for
assessment
years
beginning
before
January
11
1,
2013,
and
for
duties,
powers,
protests,
appeals,
12
proceedings,
actions,
or
remedies
attributable
to
an
13
assessment
year
beginning
before
January
1,
2013.
14
Sec.
16.
IMPLEMENTATION.
Section
25B.7
shall
not
15
apply
to
this
division
of
this
Act.
16
Sec.
17.
EFFECTIVE
DATE.
17
1.
Except
as
provided
in
subsection
2,
this
18
division
of
this
Act
takes
effect
July
1,
2012.
19
2.
The
section
of
this
division
of
this
Act
20
amending
section
476.1D
takes
effect
July
1,
2017.
21
Sec.
18.
APPLICABILITY.
22
1.
Except
as
provided
in
subsection
2,
this
23
division
of
this
Act
applies
to
assessment
years
24
beginning
on
or
after
January
1,
2013.
25
2.
The
section
of
this
division
of
this
Act
26
amending
section
476.1D
applies
to
assessment
years
27
beginning
on
or
after
January
1,
2018.
28
DIVISION
IV
29
COUNTY
AND
CITY
BUDGET
LIMITATION
30
Sec.
19.
Section
23A.2,
subsection
10,
paragraph
h,
31
Code
2011,
is
amended
to
read
as
follows:
32
h.
The
performance
of
an
activity
listed
in
33
section
331.424
,
Code
2011,
as
a
service
for
which
a
34
supplemental
levy
county
may
be
certified
include
in
35
its
budget
.
36
Sec.
20.
Section
28M.5,
subsection
2,
Code
2011,
is
37
amended
to
read
as
follows:
38
2.
If
a
regional
transit
district
budget
allocates
39
revenue
responsibilities
to
the
board
of
supervisors
40
of
a
participating
county,
the
amount
of
the
regional
41
transit
district
levy
that
is
the
responsibility
of
the
42
participating
county
shall
be
deducted
from
the
maximum
43
rates
amount
of
taxes
authorized
to
be
levied
by
the
44
county
pursuant
to
section
331.423
,
subsections
1
and
45
2
subsection
3,
paragraphs
“b”
and
“c”
,
as
applicable,
46
unless
the
county
meets
its
revenue
responsibilities
as
47
allocated
in
the
budget
from
other
available
revenue
48
sources.
However,
for
a
regional
transit
district
49
that
includes
a
county
with
a
population
of
less
than
50
-13-
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84
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39
three
hundred
thousand,
the
amount
of
the
regional
1
transit
district
levy
that
is
the
responsibility
of
2
such
participating
county
shall
be
deducted
from
the
3
maximum
rate
amount
of
taxes
authorized
to
be
levied
4
by
the
county
pursuant
to
section
331.423,
subsection
5
1
3,
paragraph
“b”
.
6
Sec.
21.
Section
123.38,
subsection
2,
Code
2011,
7
is
amended
to
read
as
follows:
8
2.
Any
licensee
or
permittee,
or
the
licensee’s
9
or
permittee’s
executor
or
administrator,
or
any
10
person
duly
appointed
by
the
court
to
take
charge
of
11
and
administer
the
property
or
assets
of
the
licensee
12
or
permittee
for
the
benefit
of
the
licensee’s
or
13
permittee’s
creditors,
may
voluntarily
surrender
a
14
license
or
permit
to
the
division.
When
a
license
15
or
permit
is
surrendered
the
division
shall
notify
16
the
local
authority,
and
the
division
or
the
local
17
authority
shall
refund
to
the
person
surrendering
the
18
license
or
permit,
a
proportionate
amount
of
the
fee
19
received
by
the
division
or
the
local
authority
for
20
the
license
or
permit
as
follows:
if
a
license
or
21
permit
is
surrendered
during
the
first
three
months
22
of
the
period
for
which
it
was
issued,
the
refund
23
shall
be
three-fourths
of
the
amount
of
the
fee;
24
if
surrendered
more
than
three
months
but
not
more
25
than
six
months
after
issuance,
the
refund
shall
be
26
one-half
of
the
amount
of
the
fee;
if
surrendered
more
27
than
six
months
but
not
more
than
nine
months
after
28
issuance,
the
refund
shall
be
one-fourth
of
the
amount
29
of
the
fee.
No
refund
shall
be
made,
however,
for
30
any
special
liquor
permit,
nor
for
a
liquor
control
31
license,
wine
permit,
or
beer
permit
surrendered
more
32
than
nine
months
after
issuance.
For
purposes
of
this
33
subsection,
any
portion
of
license
or
permit
fees
34
used
for
the
purposes
authorized
in
section
331.424,
35
subsection
1
,
paragraph
“a”
,
subparagraphs
(1)
and
36
(2),
Code
2011,
and
in
section
331.424A
,
shall
not
be
37
deemed
received
either
by
the
division
or
by
a
local
38
authority.
No
refund
shall
be
made
to
any
licensee
or
39
permittee,
upon
the
surrender
of
the
license
or
permit,
40
if
there
is
at
the
time
of
surrender,
a
complaint
filed
41
with
the
division
or
local
authority,
charging
the
42
licensee
or
permittee
with
a
violation
of
this
chapter
.
43
If
upon
a
hearing
on
a
complaint
the
license
or
permit
44
is
not
revoked
or
suspended,
then
the
licensee
or
45
permittee
is
eligible,
upon
surrender
of
the
license
46
or
permit,
to
receive
a
refund
as
provided
in
this
47
section
;
but
if
the
license
or
permit
is
revoked
or
48
suspended
upon
hearing
the
licensee
or
permittee
is
not
49
eligible
for
the
refund
of
any
portion
of
the
license
50
-14-
SF2344.6158
(3)
84
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39
or
permit
fee.
1
Sec.
22.
Section
218.99,
Code
2011,
is
amended
to
2
read
as
follows:
3
218.99
Counties
to
be
notified
of
patients’
personal
4
accounts.
5
The
administrator
in
control
of
a
state
institution
6
shall
direct
the
business
manager
of
each
institution
7
under
the
administrator’s
jurisdiction
which
is
8
mentioned
in
section
331.424,
subsection
1
,
paragraph
9
“a”
,
subparagraphs
(1)
and
(2),
and
for
which
services
10
are
paid
under
section
331.424A
,
to
quarterly
inform
11
the
county
of
legal
settlement’s
entity
designated
to
12
perform
the
county’s
central
point
of
coordination
13
process
of
any
patient
or
resident
who
has
an
amount
14
in
excess
of
two
hundred
dollars
on
account
in
the
15
patients’
personal
deposit
fund
and
the
amount
on
16
deposit.
The
administrators
shall
direct
the
business
17
manager
to
further
notify
the
entity
designated
to
18
perform
the
county’s
central
point
of
coordination
19
process
at
least
fifteen
days
before
the
release
of
20
funds
in
excess
of
two
hundred
dollars
or
upon
the
21
death
of
the
patient
or
resident.
If
the
patient
or
22
resident
has
no
county
of
legal
settlement,
notice
23
shall
be
made
to
the
director
of
human
services
and
the
24
administrator
in
control
of
the
institution
involved.
25
Sec.
23.
Section
331.263,
subsection
2,
Code
2011,
26
is
amended
to
read
as
follows:
27
2.
The
governing
body
of
the
community
commonwealth
28
shall
have
the
authority
to
levy
county
taxes
and
shall
29
have
the
authority
to
levy
city
taxes
to
the
extent
the
30
city
tax
levy
authority
is
transferred
by
the
charter
31
to
the
community
commonwealth.
A
city
participating
32
in
the
community
commonwealth
shall
transfer
a
portion
33
of
the
city’s
tax
levy
authorized
under
section
384.1
34
or
384.12
,
whichever
is
applicable,
to
the
governing
35
body
of
the
community
commonwealth.
The
maximum
36
rates
amount
of
taxes
authorized
to
be
levied
under
37
sections
section
384.1
and
the
maximum
amount
of
taxes
38
authorized
to
be
levied
under
section
384.12
by
a
city
39
participating
in
the
community
commonwealth
shall
be
40
reduced
by
an
amount
equal
to
the
rates
of
the
same
or
41
similar
taxes
levied
in
the
city
by
the
governing
body
42
of
the
community
commonwealth.
43
Sec.
24.
Section
331.301,
subsection
12,
Code
44
Supplement
2011,
is
amended
to
read
as
follows:
45
12.
The
board
of
supervisors
may
credit
funds
to
46
a
reserve
for
the
purposes
authorized
by
subsection
47
11
of
this
section
;
section
331.424,
subsection
1
,
48
paragraph
“a”
,
subparagraph
(6);
and
section
331.441,
49
subsection
2
,
paragraph
“b”
.
Moneys
credited
to
the
50
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84
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39
reserve,
and
interest
earned
on
such
moneys,
shall
1
remain
in
the
reserve
until
expended
for
purposes
2
authorized
by
subsection
11
of
this
section
;
section
3
331.424,
subsection
1
,
paragraph
“a”
,
subparagraph
(6);
4
or
section
331.441,
subsection
2
,
paragraph
“b”
.
5
Sec.
25.
Section
331.421,
subsections
1
and
10,
6
Code
2011,
are
amended
by
striking
the
subsections.
7
Sec.
26.
Section
331.421,
Code
2011,
is
amended
by
8
adding
the
following
new
subsection:
9
NEW
SUBSECTION
.
7A.
“Item”
means
a
budgeted
10
expenditure,
appropriation,
or
cash
reserve
from
a
11
fund
for
a
service
area,
program,
program
element,
or
12
purpose.
13
Sec.
27.
Section
331.423,
Code
2011,
is
amended
by
14
striking
the
section
and
inserting
in
lieu
thereof
the
15
following:
16
331.423
Property
tax
dollars
——
maximums.
17
1.
Annually,
the
board
shall
determine
separate
18
property
tax
levy
limits
to
pay
for
general
county
19
services
and
rural
county
services
in
accordance
with
20
this
section.
The
property
tax
levies
separately
21
certified
for
general
county
services
and
rural
county
22
services
under
section
331.434
shall
not
raise
property
23
tax
dollars
that
exceed
the
amount
determined
under
24
this
section.
25
2.
For
purposes
of
this
section
and
section
26
331.423B,
unless
the
context
otherwise
requires:
27
a.
“Annual
growth
factor”
means
an
index,
expressed
28
as
a
percentage,
determined
by
the
department
of
29
management
by
January
1
of
the
calendar
year
in
which
30
the
budget
year
begins.
In
determining
the
annual
31
growth
factor,
the
department
shall
calculate
the
32
average
of
the
preceding
twelve-month
percentage
33
change,
which
shall
be
computed
on
a
monthly
basis,
34
in
the
midwest
consumer
price
index,
ending
with
the
35
percentage
change
for
the
month
of
November.
The
36
department
shall
then
add
that
average
percentage
37
change
to
one
hundred
percent.
In
no
case,
however,
38
shall
the
annual
growth
factor
exceed
one
hundred
four
39
percent.
40
b.
“Boundary
adjustment”
means
annexation,
41
severance,
incorporation,
or
discontinuance
as
those
42
terms
are
defined
in
section
368.1.
43
c.
“Budget
year”
is
the
fiscal
year
beginning
44
during
the
calendar
year
in
which
a
budget
is
45
certified.
46
d.
“Current
fiscal
year”
is
the
fiscal
year
47
ending
during
the
calendar
year
in
which
a
budget
is
48
certified.
49
e.
“Net
new
valuation
taxes”
means
the
amount
of
50
-16-
SF2344.6158
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84
md/sc
16/
39
property
tax
dollars
equal
to
the
current
fiscal
year’s
1
levy
rate
in
the
county
for
general
county
services
or
2
for
rural
county
services,
as
applicable,
multiplied
by
3
the
increase
from
the
current
fiscal
year
to
the
budget
4
year
in
taxable
valuation
due
to
the
following:
5
(1)
Net
new
construction,
excluding
all
incremental
6
valuation
that
is
released
in
any
one
year
from
either
7
a
division
of
revenue
under
section
260E.4
or
357H.9,
8
or
an
urban
renewal
area
for
which
taxes
were
being
9
divided
under
section
403.19
if
the
property
for
10
the
valuation
being
released
remains
subject
to
the
11
division
of
revenue
under
section
260E.4
or
357H.9,
or
12
remains
part
of
the
urban
renewal
area
that
is
subject
13
to
a
division
of
revenue
under
section
403.19.
14
(2)
Additions
or
improvements
to
existing
15
structures.
16
(3)
Remodeling
of
existing
structures
for
which
a
17
building
permit
is
required.
18
(4)
Net
boundary
adjustment.
19
(5)
A
municipality
no
longer
dividing
tax
revenues
20
in
an
urban
renewal
area
as
provided
in
section
403.19,
21
a
community
college
no
longer
dividing
revenues
as
22
provided
in
section
260E.4,
or
a
rural
improvement
zone
23
no
longer
dividing
revenues
as
provided
in
section
24
357H.9.
25
(6)
That
portion
of
taxable
property
located
in
an
26
urban
revitalization
area
on
which
an
exemption
was
27
allowed
and
such
exemption
has
expired.
28
3.
a.
For
the
fiscal
year
beginning
July
1,
2013,
29
and
subsequent
fiscal
years,
the
maximum
amount
of
30
property
tax
dollars
which
may
be
certified
for
levy
by
31
a
county
for
general
county
services
and
rural
county
32
services
shall
be
the
maximum
property
tax
dollars
33
calculated
under
paragraphs
“b”
and
“c”
,
respectively.
34
b.
The
maximum
property
tax
dollars
that
may
be
35
levied
for
general
county
services
is
an
amount
equal
36
to
the
sum
of
the
following:
37
(1)
The
annual
growth
factor
times
the
current
38
fiscal
year’s
maximum
property
tax
dollars
for
general
39
county
services.
40
(2)
The
amount
of
net
new
valuation
taxes
in
the
41
county.
42
c.
The
maximum
property
tax
dollars
that
may
be
43
levied
for
rural
county
services
is
an
amount
equal
to
44
the
sum
of
the
following:
45
(1)
The
annual
growth
factor
times
the
current
46
fiscal
year’s
maximum
property
tax
dollars
for
rural
47
county
services.
48
(2)
The
amount
of
net
new
valuation
taxes
in
the
49
unincorporated
area
of
the
county.
50
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84
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39
4.
a.
For
purposes
of
calculating
maximum
property
1
tax
dollars
for
general
county
services
for
the
fiscal
2
year
beginning
July
1,
2013,
only,
the
term
“current
3
fiscal
year’s
maximum
property
tax
dollars”
shall
mean
4
the
total
amount
of
property
tax
dollars
certified
by
5
the
county
for
general
county
services
for
the
fiscal
6
year
beginning
July
1,
2012.
7
b.
For
purposes
of
calculating
maximum
property
tax
8
dollars
for
rural
county
services
for
the
fiscal
year
9
beginning
July
1,
2013,
only,
the
term
“current
fiscal
10
year’s
maximum
property
tax
dollars”
shall
mean
the
11
total
amount
of
property
tax
dollars
certified
by
the
12
county
for
rural
county
services
for
the
fiscal
year
13
beginning
July
1,
2012.
14
5.
Property
taxes
certified
for
mental
health,
15
mental
retardation,
and
developmental
disabilities
16
services,
the
emergency
services
fund
in
section
17
331.424C,
the
debt
service
fund
in
section
331.430,
18
any
capital
projects
fund
established
by
the
county
19
for
deposit
of
bond,
loan,
or
note
proceeds,
and
20
any
temporary
increase
approved
pursuant
to
section
21
331.424,
are
not
included
in
the
maximum
amount
of
22
property
tax
dollars
that
may
be
certified
for
a
budget
23
year
under
subsection
3.
24
6.
The
department
of
management,
in
consultation
25
with
the
county
finance
committee,
shall
adopt
rules
26
to
administer
this
section.
The
department
shall
27
prescribe
forms
to
be
used
by
counties
when
making
28
calculations
required
by
this
section.
29
Sec.
28.
NEW
SECTION
.
331.423B
Ending
fund
30
balance.
31
1.
a.
Budgeted
ending
fund
balances
for
a
budget
32
year
in
excess
of
twenty-five
percent
of
budgeted
33
expenditures
in
either
the
general
fund
or
rural
34
services
fund
for
that
budget
year
shall
be
explicitly
35
reserved
or
designated
for
a
specific
purpose.
36
b.
A
county
is
encouraged,
but
not
required,
to
37
reduce
ending
fund
balances
for
the
budget
year
to
an
38
amount
equal
to
approximately
twenty-five
percent
of
39
budgeted
expenditures
and
transfers
from
the
general
40
fund
and
rural
services
fund
for
that
budget
year
41
unless
a
decision
is
certified
by
the
state
appeal
42
board
ordering
a
reduction
in
the
ending
fund
balance
43
of
any
of
those
funds.
44
c.
In
a
protest
to
the
county
budget
under
section
45
331.436,
the
county
shall
have
the
burden
of
proving
46
that
the
budgeted
balances
in
excess
of
twenty-five
47
percent
are
reasonably
likely
to
be
appropriated
for
48
the
explicitly
reserved
or
designated
specific
purpose.
49
The
excess
budgeted
balance
for
the
specific
purpose
50
-18-
SF2344.6158
(3)
84
md/sc
18/
39
shall
be
considered
an
increase
in
an
item
in
the
1
budget
for
purposes
of
section
24.28.
2
2.
a.
For
a
county
that
has,
as
of
June
30,
2012,
3
reduced
its
actual
ending
fund
balance
to
less
than
4
twenty-five
percent
of
actual
expenditures,
additional
5
property
taxes
may
be
computed
and
levied
as
provided
6
in
this
subsection.
The
additional
property
tax
levy
7
amount
is
an
amount
not
to
exceed
twenty-five
percent
8
of
actual
expenditures
from
the
general
fund
and
rural
9
services
fund
for
the
fiscal
year
beginning
July
1,
10
2011,
minus
the
combined
ending
fund
balances
for
those
11
funds
for
that
year.
12
b.
The
amount
of
the
additional
property
taxes
13
shall
be
apportioned
between
the
general
fund
and
the
14
rural
services
fund.
However,
the
amount
apportioned
15
for
general
county
services
and
for
rural
county
16
services
shall
not
exceed
for
each
fund
twenty-five
17
percent
of
actual
expenditures
for
the
fiscal
year
18
beginning
July
1,
2011.
19
c.
All
or
a
portion
of
additional
property
tax
20
dollars
may
be
levied
for
the
purpose
of
increasing
21
cash
reserves
for
general
county
services
and
rural
22
county
services
in
the
budget
year.
The
additional
23
property
tax
dollars
authorized
under
this
subsection
24
but
not
levied
may
be
carried
forward
as
unused
ending
25
fund
balance
taxing
authority
until
and
for
the
fiscal
26
year
beginning
July
1,
2018.
The
amount
carried
27
forward
shall
not
exceed
twenty-five
percent
of
the
28
maximum
amount
of
property
tax
dollars
available
in
29
the
current
fiscal
year.
Additionally,
property
taxes
30
that
are
levied
as
unused
ending
fund
balance
taxing
31
authority
under
this
subsection
may
be
the
subject
of
32
a
protest
under
section
331.436,
and
the
amount
will
33
be
considered
an
increase
in
an
item
in
the
budget
for
34
purposes
of
section
24.28.
The
amount
of
additional
35
property
taxes
levied
under
this
subsection
shall
not
36
be
included
in
the
computation
of
the
maximum
amount
of
37
property
tax
dollars
which
may
be
certified
and
levied
38
under
section
331.423.
39
Sec.
29.
Section
331.424,
Code
2011,
is
amended
by
40
striking
the
section
and
inserting
in
lieu
thereof
the
41
following:
42
331.424
Authority
to
levy
beyond
maximum
property
43
tax
dollars.
44
1.
The
board
may
certify
additions
to
the
maximum
45
amount
of
property
tax
dollars
to
be
levied
for
46
a
period
of
time
not
to
exceed
two
years
if
the
47
proposition
has
been
submitted
at
a
special
election
48
and
received
a
favorable
majority
of
the
votes
cast
on
49
the
proposition.
50
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(3)
84
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39
2.
The
special
election
is
subject
to
the
1
following:
2
a.
The
board
must
give
at
least
thirty-two
days’
3
notice
to
the
county
commissioner
of
elections
that
the
4
special
election
is
to
be
held.
In
no
case,
however,
5
shall
a
notice
be
given
to
the
county
commissioner
6
of
elections
after
December
31
for
an
election
on
a
7
proposition
to
exceed
the
statutory
limits
during
the
8
fiscal
year
beginning
in
the
next
calendar
year.
9
b.
The
special
election
shall
be
conducted
by
the
10
county
commissioner
of
elections
in
accordance
with
11
law.
12
c.
The
proposition
to
be
submitted
shall
be
13
substantially
in
the
following
form:
14
Vote
“yes”
or
“no”
on
the
following:
Shall
the
15
county
of
_______
levy
for
an
additional
$_______
each
16
year
for
___
years
beginning
July
1,
_____,
in
excess
17
of
the
statutory
limits
otherwise
applicable
for
the
18
(general
county
services
or
rural
services)
fund?
19
d.
The
canvass
shall
be
held
beginning
at
1:00
p.m.
20
on
the
second
day
which
is
not
a
holiday
following
the
21
special
election.
22
e.
Notice
of
the
special
election
shall
be
23
published
at
least
once
in
a
newspaper
as
specified
24
in
section
331.305
prior
to
the
date
of
the
special
25
election.
The
notice
shall
appear
as
early
as
26
practicable
after
the
board
has
voted
to
submit
a
27
proposition
to
the
voters
to
levy
additional
property
28
tax
dollars.
29
3.
Registered
voters
in
the
county
may
vote
on
the
30
proposition
to
increase
property
taxes
for
the
general
31
fund
in
excess
of
the
statutory
limit.
Registered
32
voters
residing
outside
the
corporate
limits
of
a
33
city
within
the
county
may
vote
on
the
proposition
to
34
increase
property
taxes
for
the
rural
services
fund
in
35
excess
of
the
statutory
limit.
36
4.
The
amount
of
additional
property
tax
dollars
37
certified
under
this
section
shall
not
be
included
in
38
the
computation
of
the
maximum
amount
of
property
tax
39
dollars
which
may
be
certified
and
levied
under
section
40
331.423.
41
Sec.
30.
Section
331.424A,
subsection
4,
Code
42
Supplement
2011,
is
amended
to
read
as
follows:
43
4.
For
the
fiscal
year
beginning
July
1,
1996,
44
and
for
each
subsequent
fiscal
year,
the
county
shall
45
certify
a
levy
for
payment
of
services.
For
each
46
fiscal
year,
county
revenues
from
taxes
imposed
by
the
47
county
credited
to
the
services
fund
shall
not
exceed
48
an
amount
equal
to
the
amount
of
base
year
expenditures
49
for
services
as
defined
in
section
331.438
,
less
the
50
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SF2344.6158
(3)
84
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20/
39
amount
of
property
tax
relief
to
be
received
pursuant
1
to
section
426B.2
,
in
the
fiscal
year
for
which
the
2
budget
is
certified.
The
county
auditor
and
the
3
board
of
supervisors
shall
reduce
the
amount
of
the
4
levy
certified
for
the
services
fund
by
the
amount
of
5
property
tax
relief
to
be
received.
A
levy
certified
6
under
this
section
is
not
subject
to
the
appeal
7
provisions
of
section
331.426
or
to
any
other
provision
8
in
law
authorizing
a
county
to
exceed,
increase,
or
9
appeal
a
property
tax
levy
limit.
10
Sec.
31.
Section
331.427,
subsection
3,
paragraph
11
l,
Code
2011,
is
amended
to
read
as
follows:
12
l.
Services
listed
in
section
331.424,
subsection
13
1
,
Code
2011,
and
section
331.554
.
14
Sec.
32.
Section
331.428,
subsection
2,
paragraph
15
d,
Code
2011,
is
amended
to
read
as
follows:
16
d.
Services
listed
under
section
331.424,
17
subsection
2
,
Code
2011
.
18
Sec.
33.
Section
331.434,
subsection
1,
Code
2011,
19
is
amended
to
read
as
follows:
20
1.
The
budget
shall
show
the
amount
required
for
21
each
class
of
proposed
expenditures,
a
comparison
of
22
the
amounts
proposed
to
be
expended
with
the
amounts
23
expended
for
like
purposes
for
the
two
preceding
years,
24
the
revenues
from
sources
other
than
property
taxation,
25
and
the
amount
to
be
raised
by
property
taxation,
in
26
the
detail
and
form
prescribed
by
the
director
of
the
27
department
of
management.
For
each
county
that
has
28
established
an
urban
renewal
area,
the
budget
shall
29
include
estimated
and
actual
tax
increment
financing
30
revenues
and
all
estimated
and
actual
expenditures
of
31
the
revenues,
proceeds
from
debt
and
all
estimated
32
and
actual
expenditures
of
the
debt
proceeds,
and
33
identification
of
any
entity
receiving
a
direct
payment
34
of
taxes
funded
by
tax
increment
financing
revenues
35
and
shall
include
the
total
amount
of
loans,
advances,
36
indebtedness,
or
bonds
outstanding
at
the
close
of
37
the
most
recently
ended
fiscal
year,
which
qualify
38
for
payment
from
the
special
fund
created
in
section
39
403.19
,
including
interest
negotiated
on
such
loans,
40
advances,
indebtedness,
or
bonds.
For
purposes
of
this
41
subsection
,
“indebtedness”
includes
written
agreements
42
whereby
the
county
agrees
to
suspend,
abate,
exempt,
43
rebate,
refund,
or
reimburse
property
taxes,
provide
a
44
grant
for
property
taxes
paid,
or
make
a
direct
payment
45
of
taxes,
with
moneys
in
the
special
fund.
The
amount
46
of
loans,
advances,
indebtedness,
or
bonds
shall
be
47
listed
in
the
aggregate
for
each
county
reporting.
The
48
county
finance
committee,
in
consultation
with
the
49
department
of
management
and
the
legislative
services
50
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SF2344.6158
(3)
84
md/sc
21/
39
agency,
shall
determine
reporting
criteria
and
shall
1
prepare
a
form
for
reports
filed
with
the
department
2
pursuant
to
this
section
.
The
department
shall
make
3
the
information
available
by
electronic
means.
4
Sec.
34.
Section
373.10,
Code
2011,
is
amended
to
5
read
as
follows:
6
373.10
Taxing
authority.
7
The
metropolitan
council
shall
have
the
authority
8
to
levy
city
taxes
to
the
extent
the
city
tax
levy
9
authority
is
transferred
by
the
charter
to
the
10
metropolitan
council.
A
member
city
shall
transfer
11
a
portion
of
the
city’s
tax
levy
authorized
under
12
section
384.1
or
384.12
,
whichever
is
applicable,
to
13
the
metropolitan
council.
The
maximum
rates
amount
of
14
taxes
authorized
to
be
levied
under
sections
section
15
384.1
and
the
taxes
authorized
to
be
levied
under
16
section
17
384.12
by
a
member
city
shall
be
reduced
by
an
amount
18
equal
to
the
rates
of
the
same
or
similar
taxes
levied
19
in
the
city
by
the
metropolitan
council.
20
Sec.
35.
Section
384.1,
Code
2011,
is
amended
by
21
striking
the
section
and
inserting
in
lieu
thereof
the
22
following:
23
384.1
Property
tax
dollars
——
maximums.
24
1.
A
city
shall
certify
taxes
to
be
levied
by
the
25
city
on
all
taxable
property
within
the
city
limits,
26
for
all
city
government
purposes.
Annually,
the
city
27
council
may
certify
basic
levies
for
city
government
28
purposes,
subject
to
the
limitation
on
property
tax
29
dollars
provided
in
this
section.
30
2.
For
purposes
of
this
section
and
section
384.1B,
31
unless
the
context
otherwise
requires:
32
a.
“Annual
growth
factor”
means
an
index,
expressed
33
as
a
percentage,
determined
by
the
department
of
34
management
by
January
1
of
the
calendar
year
in
which
35
the
budget
year
begins.
In
determining
the
annual
36
growth
factor,
the
department
shall
calculate
the
37
average
of
the
preceding
twelve-month
percentage
38
change,
which
shall
be
computed
on
a
monthly
basis,
39
in
the
midwest
consumer
price
index,
ending
with
the
40
percentage
change
for
the
month
of
November.
The
41
department
shall
then
add
that
average
percentage
42
change
to
one
hundred
percent.
In
no
case,
however,
43
shall
the
annual
growth
factor
exceed
one
hundred
four
44
percent.
45
b.
“Boundary
adjustment”
means
annexation,
46
severance,
incorporation,
or
discontinuance
as
those
47
terms
are
defined
in
section
368.1.
48
c.
“Budget
year”
is
the
fiscal
year
beginning
49
during
the
calendar
year
in
which
a
budget
is
50
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39
certified.
1
d.
“Current
fiscal
year”
is
the
fiscal
year
2
ending
during
the
calendar
year
in
which
a
budget
is
3
certified.
4
e.
“Net
new
valuation
taxes”
means
the
amount
of
5
property
tax
dollars
equal
to
the
current
fiscal
year’s
6
levy
rate
in
the
city
for
the
general
fund
multiplied
7
by
the
increase
from
the
current
fiscal
year
to
the
8
budget
year
in
taxable
valuation
due
to
the
following:
9
(1)
Net
new
construction,
excluding
all
incremental
10
valuation
that
is
released
in
any
one
year
from
either
11
a
division
of
revenue
under
section
260E.4
or
an
urban
12
renewal
area
for
which
taxes
were
being
divided
under
13
section
403.19
if
the
property
for
the
valuation
being
14
released
remains
subject
to
the
division
of
revenue
15
under
section
260E.4
or
remains
part
of
the
urban
16
renewal
area
that
is
subject
to
a
division
of
revenue
17
under
section
403.19.
18
(2)
Additions
or
improvements
to
existing
19
structures.
20
(3)
Remodeling
of
existing
structures
for
which
a
21
building
permit
is
required.
22
(4)
Net
boundary
adjustment.
23
(5)
A
municipality
no
longer
dividing
tax
revenues
24
in
an
urban
renewal
area
as
provided
in
section
403.19
25
or
a
community
college
no
longer
dividing
revenues
as
26
provided
in
section
260E.4.
27
(6)
That
portion
of
taxable
property
located
in
an
28
urban
revitalization
area
on
which
an
exemption
was
29
allowed
and
such
exemption
has
expired.
30
3.
a.
For
the
fiscal
year
beginning
July
1,
2013,
31
and
subsequent
fiscal
years,
the
maximum
amount
of
32
property
tax
dollars
which
may
be
certified
for
levy
33
by
a
city
for
the
general
fund
shall
be
the
maximum
34
property
tax
dollars
calculated
under
paragraph
“b”
.
35
b.
The
maximum
property
tax
dollars
that
may
be
36
levied
for
deposit
in
the
general
fund
is
an
amount
37
equal
to
the
sum
of
the
following:
38
(1)
The
annual
growth
factor
times
the
current
39
fiscal
year’s
maximum
property
tax
dollars
for
the
40
general
fund.
41
(2)
The
amount
of
net
new
valuation
taxes
in
the
42
city.
43
4.
For
purposes
of
calculating
maximum
property
tax
44
dollars
for
the
city
general
fund
for
the
fiscal
year
45
beginning
July
1,
2013,
only,
the
term
“current
fiscal
46
year’s
maximum
property
tax
dollars”
shall
mean
the
47
total
amount
of
property
tax
dollars
certified
by
the
48
city
for
the
city’s
general
fund
for
the
fiscal
year
49
beginning
July
1,
2012.
50
-23-
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39
5.
Property
taxes
certified
for
deposit
in
the
1
debt
service
fund
in
section
384.4,
trust
and
agency
2
funds
in
section
384.6,
capital
improvements
reserve
3
fund
in
section
384.7,
the
emergency
fund
in
section
4
384.8,
any
capital
projects
fund
established
by
the
5
city
for
deposit
of
bond,
loan,
or
note
proceeds,
6
any
temporary
increase
approved
pursuant
to
section
7
384.12A,
property
taxes
collected
from
a
voted
levy
8
in
section
384.12,
and
property
taxes
levied
under
9
section
384.12,
subsection
18,
are
not
counted
against
10
the
maximum
amount
of
property
tax
dollars
that
may
be
11
certified
for
a
fiscal
year
under
subsection
3.
12
6.
Notwithstanding
the
maximum
amount
of
taxes
13
a
city
may
certify
for
levy,
the
tax
levied
by
a
14
city
on
tracts
of
land
and
improvements
on
the
15
tracts
of
land
used
and
assessed
for
agricultural
or
16
horticultural
purposes
shall
not
exceed
three
dollars
17
and
three-eighths
cents
per
thousand
dollars
of
18
assessed
value
in
any
year.
Improvements
located
on
19
such
tracts
of
land
and
not
used
for
agricultural
or
20
horticultural
purposes
and
all
residential
dwellings
21
are
subject
to
the
same
rate
of
tax
levied
by
the
city
22
on
all
other
taxable
property
within
the
city.
23
7.
The
department
of
management,
in
consultation
24
with
the
city
finance
committee,
shall
adopt
rules
25
to
administer
this
section.
The
department
shall
26
prescribe
forms
to
be
used
by
cities
when
making
27
calculations
required
by
this
section.
28
Sec.
36.
NEW
SECTION
.
384.1B
Ending
fund
balance.
29
1.
a.
Budgeted
ending
fund
balances
for
a
budget
30
year
in
excess
of
twenty-five
percent
of
budgeted
31
expenditures
from
the
general
fund
for
that
budget
32
year
shall
be
explicitly
reserved
or
designated
for
a
33
specific
purpose.
34
b.
A
city
is
encouraged,
but
not
required,
to
35
reduce
ending
fund
balances
for
the
budget
year
to
36
an
amount
equal
to
approximately
twenty-five
percent
37
of
budgeted
expenditures
and
transfers
from
the
38
general
fund
for
that
budget
year
unless
a
decision
39
is
certified
by
the
state
appeal
board
ordering
a
40
reduction
in
the
ending
fund
balance
of
the
fund.
41
c.
In
a
protest
to
the
city
budget
under
section
42
384.19,
the
city
shall
have
the
burden
of
proving
43
that
the
budgeted
balances
in
excess
of
twenty-five
44
percent
are
reasonably
likely
to
be
appropriated
for
45
the
explicitly
reserved
or
designated
specific
purpose.
46
The
excess
budgeted
balance
for
the
specific
purpose
47
shall
be
considered
an
increase
in
an
item
in
the
48
budget
for
purposes
of
section
24.28.
49
2.
a.
For
a
city
that
has,
as
of
June
30,
50
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SF2344.6158
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39
2012,
reduced
its
ending
fund
balance
to
less
than
1
twenty-five
percent
of
actual
expenditures,
additional
2
property
taxes
may
be
computed
and
levied
as
provided
3
in
this
subsection.
The
additional
property
tax
levy
4
amount
is
an
amount
not
to
exceed
the
difference
5
between
twenty-five
percent
of
actual
expenditures
for
6
city
government
purposes
for
the
fiscal
year
beginning
7
July
1,
2011,
minus
the
ending
fund
balance
for
that
8
year.
9
b.
All
or
a
portion
of
additional
property
tax
10
dollars
may
be
levied
for
the
purpose
of
increasing
11
cash
reserves
for
city
government
purposes
in
the
12
budget
year.
The
additional
property
tax
dollars
13
authorized
under
this
subsection
but
not
levied
may
be
14
carried
forward
as
unused
ending
fund
balance
taxing
15
authority
until
and
for
the
fiscal
year
beginning
16
July
1,
2018.
The
amount
carried
forward
shall
not
17
exceed
twenty-five
percent
of
the
maximum
amount
of
18
property
tax
dollars
available
in
the
current
fiscal
19
year.
Additionally,
property
taxes
that
are
levied
20
as
unused
ending
fund
balance
taxing
authority
under
21
this
subsection
may
be
the
subject
of
a
protest
under
22
section
384.19,
and
the
amount
will
be
considered
an
23
increase
in
an
item
in
the
budget
for
purposes
of
24
section
24.28.
The
amount
of
additional
property
tax
25
dollars
levied
under
this
subsection
shall
not
be
26
included
in
the
computation
of
the
maximum
amount
of
27
property
tax
dollars
which
may
be
certified
and
levied
28
under
section
384.1.
29
Sec.
37.
Section
384.12,
subsection
20,
Code
2011,
30
is
amended
by
striking
the
subsection.
31
Sec.
38.
NEW
SECTION
.
384.12A
Authority
to
levy
32
beyond
maximum
property
tax
dollars.
33
1.
The
city
council
may
certify
additions
to
the
34
maximum
amount
of
property
tax
dollars
to
be
levied
35
for
a
period
of
time
not
to
exceed
two
years
if
the
36
proposition
has
been
submitted
at
a
special
election
37
and
received
a
favorable
majority
of
the
votes
cast
on
38
the
proposition.
39
2.
The
special
election
is
subject
to
the
40
following:
41
a.
The
city
council
must
give
at
least
thirty-two
42
days’
notice
to
the
county
commissioner
of
elections
43
that
the
special
election
is
to
be
held.
In
no
44
case,
however,
shall
a
notice
be
given
to
the
county
45
commissioner
of
elections
after
December
31
for
an
46
election
on
a
proposition
to
exceed
the
statutory
47
limits
during
the
fiscal
year
beginning
in
the
next
48
calendar
year.
49
b.
The
special
election
shall
be
conducted
by
the
50
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39
county
commissioner
of
elections
in
accordance
with
1
law.
2
c.
The
proposition
to
be
submitted
shall
be
3
substantially
in
the
following
form:
4
Vote
“yes”
or
“no”
on
the
following:
Shall
the
city
5
of
_______
levy
for
an
additional
$_______
each
year
6
for
___
years
beginning
next
July
1,
____,
in
excess
of
7
the
statutory
limits
otherwise
applicable
for
the
city
8
general
fund?
9
d.
The
canvass
shall
be
held
beginning
at
1:00
p.m.
10
on
the
second
day
which
is
not
a
holiday
following
the
11
special
election.
12
e.
Notice
of
the
special
election
shall
be
13
published
at
least
once
in
a
newspaper
as
specified
14
in
section
362.3
prior
to
the
date
of
the
special
15
election.
The
notice
shall
appear
as
early
as
16
practicable
after
the
city
council
has
voted
to
submit
17
a
proposition
to
the
voters
to
levy
additional
property
18
tax
dollars.
19
3.
The
amount
of
additional
property
tax
dollars
20
certified
under
this
section
shall
not
be
included
in
21
the
computation
of
the
maximum
amount
of
property
tax
22
dollars
which
may
be
certified
and
levied
under
section
23
384.1.
24
Sec.
39.
Section
384.16,
subsection
1,
paragraph
b,
25
Code
2011,
is
amended
to
read
as
follows:
26
b.
A
budget
must
show
comparisons
between
the
27
estimated
expenditures
in
each
program
in
the
following
28
year,
the
latest
estimated
expenditures
in
each
program
29
in
the
current
year,
and
the
actual
expenditures
in
30
each
program
from
the
annual
report
as
provided
in
31
section
384.22
,
or
as
corrected
by
a
subsequent
audit
32
report.
Wherever
practicable,
as
provided
in
rules
33
of
the
committee,
a
budget
must
show
comparisons
34
between
the
levels
of
service
provided
by
each
program
35
as
estimated
for
the
following
year,
and
actual
36
levels
of
service
provided
by
each
program
during
37
the
two
preceding
years.
For
each
city
that
has
38
established
an
urban
renewal
area,
the
budget
shall
39
include
estimated
and
actual
tax
increment
financing
40
revenues
and
all
estimated
and
actual
expenditures
of
41
the
revenues,
proceeds
from
debt
and
all
estimated
42
and
actual
expenditures
of
the
debt
proceeds,
and
43
identification
of
any
entity
receiving
a
direct
payment
44
of
taxes
funded
by
tax
increment
financing
revenues
45
and
shall
include
the
total
amount
of
loans,
advances,
46
indebtedness,
or
bonds
outstanding
at
the
close
of
47
the
most
recently
ended
fiscal
year,
which
qualify
48
for
payment
from
the
special
fund
created
in
section
49
403.19
,
including
interest
negotiated
on
such
loans,
50
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advances,
indebtedness,
or
bonds.
The
amount
of
loans,
1
advances,
indebtedness,
or
bonds
shall
be
listed
in
the
2
aggregate
for
each
city
reporting.
The
city
finance
3
committee,
in
consultation
with
the
department
of
4
management
and
the
legislative
services
agency,
shall
5
determine
reporting
criteria
and
shall
prepare
a
form
6
for
reports
filed
with
the
department
pursuant
to
this
7
section
.
The
department
shall
make
the
information
8
available
by
electronic
means.
9
Sec.
40.
Section
384.19,
Code
2011,
is
amended
by
10
adding
the
following
new
unnumbered
paragraph:
11
NEW
UNNUMBERED
PARAGRAPH
.
For
purposes
of
a
tax
12
protest
filed
under
this
section,
“item”
means
a
13
budgeted
expenditure,
appropriation,
or
cash
reserve
14
from
a
fund
for
a
service
area,
program,
program
15
element,
or
purpose.
16
Sec.
41.
Section
386.8,
Code
2011,
is
amended
to
17
read
as
follows:
18
386.8
Operation
tax.
19
A
city
may
establish
a
self-supported
improvement
20
district
operation
fund,
and
may
certify
taxes
not
21
to
exceed
the
rate
limitation
as
established
in
the
22
ordinance
creating
the
district,
or
any
amendment
23
thereto,
each
year
to
be
levied
for
the
fund
against
24
all
of
the
property
in
the
district,
for
the
purpose
25
of
paying
the
administrative
expenses
of
the
district,
26
which
may
include
but
are
not
limited
to
administrative
27
personnel
salaries,
a
separate
administrative
office,
28
planning
costs
including
consultation
fees,
engineering
29
fees,
architectural
fees,
and
legal
fees
and
all
other
30
expenses
reasonably
associated
with
the
administration
31
of
the
district
and
the
fulfilling
of
the
purposes
of
32
the
district.
The
taxes
levied
for
this
fund
may
also
33
be
used
for
the
purpose
of
paying
maintenance
expenses
34
of
improvements
or
self-liquidating
improvements
for
a
35
specified
length
of
time
with
one
or
more
options
to
36
renew
if
such
is
clearly
stated
in
the
petition
which
37
requests
the
council
to
authorize
construction
of
the
38
improvement
or
self-liquidating
improvement,
whether
39
or
not
such
petition
is
combined
with
the
petition
40
requesting
creation
of
a
district.
Parcels
of
property
41
which
are
assessed
as
residential
property
for
property
42
tax
purposes
are
exempt
from
the
tax
levied
under
this
43
section
except
residential
properties
within
a
duly
44
designated
historic
district.
A
tax
levied
under
45
this
section
is
not
subject
to
the
levy
limitation
in
46
section
384.1
.
47
Sec.
42.
Section
386.9,
Code
2011,
is
amended
to
48
read
as
follows:
49
386.9
Capital
improvement
tax.
50
-27-
SF2344.6158
(3)
84
md/sc
27/
39
A
city
may
establish
a
capital
improvement
fund
1
for
a
district
and
may
certify
taxes,
not
to
exceed
2
the
rate
established
by
the
ordinance
creating
the
3
district,
or
any
subsequent
amendment
thereto,
4
each
year
to
be
levied
for
the
fund
against
all
of
5
the
property
in
the
district,
for
the
purpose
of
6
accumulating
moneys
for
the
financing
or
payment
7
of
a
part
or
all
of
the
costs
of
any
improvement
or
8
self-liquidating
improvement.
However,
parcels
of
9
property
which
are
assessed
as
residential
property
10
for
property
tax
purposes
are
exempt
from
the
tax
11
levied
under
this
section
except
residential
properties
12
within
a
duly
designated
historic
district.
A
tax
13
levied
under
this
section
is
not
subject
to
the
levy
14
limitations
in
section
384.1
or
384.7
.
15
Sec.
43.
REPEAL.
Sections
331.425
and
331.426,
16
Code
2011,
are
repealed.
17
Sec.
44.
APPLICABILITY.
This
division
of
this
Act
18
applies
to
fiscal
years
beginning
on
or
after
July
1,
19
2013.
20
DIVISION
V
21
BUSINESS
PROPERTY
TAX
CREDIT
22
Sec.
45.
Section
331.512,
Code
2011,
is
amended
by
23
adding
the
following
new
subsection:
24
NEW
SUBSECTION
.
13B.
Carry
out
duties
relating
to
25
the
business
property
tax
credit
as
provided
in
chapter
26
426C.
27
Sec.
46.
Section
331.559,
Code
2011,
is
amended
by
28
adding
the
following
new
subsection:
29
NEW
SUBSECTION
.
14A.
Carry
out
duties
relating
to
30
the
business
property
tax
credit
as
provided
in
chapter
31
426C.
32
Sec.
47.
NEW
SECTION
.
426C.1
Definitions.
33
For
the
purposes
of
this
chapter,
unless
the
context
34
otherwise
requires:
35
1.
“Contiguous
parcels”
means
any
of
the
following:
36
a.
Parcels
that
share
a
common
boundary.
37
b.
Parcels
within
the
same
building
or
structure
38
regardless
of
whether
the
parcels
share
a
common
39
boundary.
40
c.
Permanent
improvements
to
the
land
that
are
41
situated
on
one
or
more
parcels
of
land
that
are
42
assessed
and
taxed
separately
from
the
permanent
43
improvements
if
the
parcels
of
land
upon
which
the
44
permanent
improvements
are
situated
share
a
common
45
boundary.
46
2.
“Department”
means
the
department
of
revenue.
47
3.
“Fund”
means
the
business
property
tax
credit
48
fund
created
in
section
426C.2.
49
4.
“Parcel”
means
as
defined
in
section
445.1.
50
-28-
SF2344.6158
(3)
84
md/sc
28/
39
5.
“Property
unit”
means
contiguous
parcels
all
of
1
which
are
located
within
the
same
county,
with
the
same
2
property
tax
classification,
each
of
which
contains
3
permanent
improvements,
are
owned
by
the
same
person,
4
and
are
operated
by
that
person
for
a
common
use
and
5
purpose.
6
Sec.
48.
NEW
SECTION
.
426C.2
Business
property
tax
7
credit
fund
——
appropriation.
8
1.
A
business
property
tax
credit
fund
is
created
9
in
the
state
treasury
under
the
authority
of
the
10
department.
For
the
fiscal
year
beginning
July
1,
11
2014,
there
is
appropriated
from
the
general
fund
of
12
the
state
to
the
department
to
be
credited
to
the
13
fund,
the
sum
of
twenty-four
million
dollars
to
be
14
used
for
business
property
tax
credits
authorized
in
15
this
chapter.
For
the
fiscal
year
beginning
July
1,
16
2015,
there
is
appropriated
from
the
general
fund
of
17
the
state
to
the
department
to
be
credited
to
the
fund,
18
the
sum
of
forty-eight
million
dollars.
For
the
fiscal
19
year
beginning
July
1,
2016,
there
is
appropriated
from
20
the
general
fund
of
the
state
to
the
department
to
be
21
credited
to
the
fund,
the
sum
of
seventy-two
million
22
dollars.
For
the
fiscal
year
beginning
July
1,
2017,
23
there
is
appropriated
from
the
general
fund
of
the
24
state
to
the
department
to
be
credited
to
the
fund,
25
the
sum
of
ninety-six
million
dollars.
For
the
fiscal
26
year
beginning
July
1,
2018,
and
each
fiscal
year
27
thereafter,
there
is
appropriated
from
the
general
fund
28
of
the
state
to
the
department
to
be
credited
to
the
29
fund,
the
sum
of
one
hundred
twenty
million
dollars.
30
2.
Notwithstanding
section
12C.7,
subsection
2,
31
interest
or
earnings
on
moneys
deposited
in
the
fund
32
shall
be
credited
to
the
fund.
Moneys
in
the
fund
are
33
not
subject
to
the
provisions
of
section
8.33
and
shall
34
not
be
transferred,
used,
obligated,
appropriated,
35
or
otherwise
encumbered
except
as
provided
in
this
36
chapter.
37
Sec.
49.
NEW
SECTION
.
426C.3
Claims
for
credit.
38
1.
Each
person
who
wishes
to
claim
the
credit
39
allowed
under
this
chapter
shall
obtain
the
appropriate
40
forms
from
the
assessor
and
file
the
claim
with
the
41
assessor.
The
director
of
revenue
shall
prescribe
42
suitable
forms
and
instructions
for
such
claims,
and
43
make
such
forms
and
instructions
available
to
the
44
assessors.
45
2.
a.
Claims
for
the
business
property
tax
credit
46
shall
be
filed
not
later
than
March
15
preceding
the
47
fiscal
year
during
which
the
taxes
for
which
the
credit
48
is
claimed
are
due
and
payable.
49
b.
A
claim
filed
after
the
deadline
for
filing
50
-29-
SF2344.6158
(3)
84
md/sc
29/
39
claims
shall
be
considered
as
a
claim
for
the
following
1
year.
2
3.
Upon
the
filing
of
a
claim
and
allowance
of
the
3
credit,
the
credit
shall
be
allowed
on
the
parcel
or
4
property
unit
for
successive
years
without
further
5
filing
as
long
as
the
parcel
or
property
unit
satisfies
6
the
requirements
for
the
credit.
If
the
parcel
or
7
property
unit
owner
ceases
to
qualify
for
the
credit
8
under
this
chapter,
the
owner
shall
provide
written
9
notice
to
the
assessor
by
the
date
for
filing
claims
10
specified
in
subsection
2
following
the
date
on
which
11
the
parcel
or
property
unit
ceases
to
qualify
for
the
12
credit.
13
4.
When
all
or
a
portion
of
a
parcel
or
property
14
unit
that
is
allowed
a
credit
under
this
chapter
is
15
sold,
transferred,
or
ownership
otherwise
changes,
the
16
buyer,
transferee,
or
new
owner
who
wishes
to
receive
17
the
credit
shall
refile
the
claim
for
credit.
In
18
addition,
when
a
portion
of
a
parcel
or
property
unit
19
that
is
allowed
a
credit
under
this
chapter
is
sold,
20
transferred,
or
ownership
otherwise
changes,
the
owner
21
of
the
portion
of
the
parcel
or
property
unit
for
which
22
ownership
did
not
change
shall
refile
the
claim
for
23
credit.
24
5.
The
assessor
shall
remit
the
claims
for
25
credit
to
the
county
auditor
with
the
assessor’s
26
recommendation
for
allowance
or
disallowance.
If
27
the
assessor
recommends
disallowance
of
a
claim,
28
the
assessor
shall
submit
the
reasons
for
the
29
recommendation,
in
writing,
to
the
county
auditor.
The
30
county
auditor
shall
forward
the
claims
to
the
board
31
of
supervisors.
The
board
shall
allow
or
disallow
the
32
claims.
33
6.
For
each
claim
and
allowance
of
a
credit
for
34
a
property
unit,
the
county
auditor
shall
calculate
35
the
average
of
all
consolidated
levy
rates
applicable
36
to
the
several
parcels
within
the
property
unit.
All
37
claims
for
credit
which
have
been
allowed
by
the
board
38
of
supervisors,
the
actual
value
of
the
permanent
39
improvements
to
such
parcels
and
property
units
40
applicable
to
the
fiscal
year
for
which
the
credit
is
41
claimed
that
are
subject
to
assessment
and
taxation
42
prior
to
imposition
of
any
applicable
assessment
43
limitation,
the
consolidated
levy
rates
for
such
44
parcels
and
the
average
consolidated
levy
rates
for
45
such
property
units
applicable
to
the
fiscal
year
for
46
which
the
credit
is
claimed,
and
the
taxing
districts
47
in
which
the
parcel
or
property
unit
is
located,
shall
48
be
certified
on
or
before
June
30,
in
each
year,
by
the
49
county
auditor
to
the
department.
50
-30-
SF2344.6158
(3)
84
md/sc
30/
39
7.
The
assessor
shall
maintain
a
permanent
file
of
1
current
business
property
tax
credits.
The
assessor
2
shall
file
a
notice
of
transfer
of
property
for
which
a
3
credit
has
been
allowed
when
notice
is
received
from
4
the
office
of
the
county
recorder,
from
the
person
5
who
sold
or
transferred
the
property,
or
from
the
6
personal
representative
of
a
deceased
property
owner.
7
The
county
recorder
shall
give
notice
to
the
assessor
8
of
each
transfer
of
title
filed
in
the
recorder’s
9
office.
The
notice
from
the
county
recorder
shall
10
describe
the
property
transferred,
the
name
of
the
11
person
transferring
title
to
the
property,
and
the
name
12
of
the
person
to
whom
title
to
the
property
has
been
13
transferred.
14
Sec.
50.
NEW
SECTION
.
426C.4
Eligibility
and
15
amount
of
credit.
16
1.
Each
parcel
classified
and
taxed
as
commercial
17
property,
industrial
property,
or
railway
property
18
under
chapter
434,
and
improved
with
permanent
19
construction,
is
eligible
for
a
credit
under
this
20
chapter.
A
person
may
claim
and
receive
one
credit
21
under
this
chapter
for
each
eligible
parcel
unless
22
the
parcel
is
part
of
a
property
unit.
A
person
23
may
only
claim
and
receive
one
credit
under
this
24
chapter
for
each
property
unit.
A
credit
approved
25
for
a
property
unit
shall
be
allocated
to
the
several
26
parcels
within
the
property
unit
in
the
proportion
27
that
each
parcel’s
total
amount
of
property
taxes
due
28
and
payable
attributable
to
the
permanent
improvements
29
bears
to
the
total
amount
of
property
taxes
due
and
30
payable
attributable
to
the
permanent
improvements
for
31
the
property
unit.
Only
property
units
comprised
of
32
commercial
property,
comprised
of
industrial
property,
33
or
comprised
of
railway
property
under
chapter
434
are
34
eligible
for
a
credit
under
this
chapter.
35
2.
Using
the
actual
value
of
the
permanent
36
improvements
and
the
consolidated
levy
rate
for
each
37
parcel
or
the
average
consolidated
levy
rate
for
each
38
property
unit,
as
certified
by
the
county
auditor
39
to
the
department
under
section
426C.3,
subsection
40
6,
the
department
shall
calculate,
for
each
fiscal
41
year,
an
initial
amount
of
actual
value
of
permanent
42
improvements
for
use
in
determining
the
amount
of
the
43
credit
for
each
such
parcel
or
property
unit
so
as
44
to
provide
the
maximum
possible
credit
according
to
45
the
credit
formula
and
limitations
under
subsection
46
3,
and
to
provide
a
total
dollar
amount
of
credits
47
against
the
taxes
due
and
payable
in
the
fiscal
year
48
equal
to
ninety-eight
percent
of
the
moneys
in
the
fund
49
following
the
deposit
of
the
appropriation
for
the
50
-31-
SF2344.6158
(3)
84
md/sc
31/
39
fiscal
year.
1
3.
a.
The
amount
of
the
credit
for
each
parcel
or
2
property
unit
for
which
a
claim
for
credit
under
this
3
chapter
has
been
approved
shall
be
calculated
under
4
paragraph
“b”
using
the
lesser
of
the
initial
amount
of
5
actual
value
of
the
permanent
improvements
determined
6
by
the
department
under
subsection
2,
and
the
actual
7
value
of
the
permanent
improvements
to
the
parcel
or
8
property
unit
as
certified
by
the
county
auditor
under
9
section
426C.3,
subsection
6.
10
b.
The
amount
of
the
credit
for
each
parcel
or
11
property
unit
for
which
a
claim
for
credit
under
12
this
chapter
has
been
approved
shall
be
equal
to
the
13
amount
of
actual
value
determined
under
paragraph
“a”
14
multiplied
by
the
difference,
stated
as
a
percentage,
15
between
the
assessment
limitation
applicable
to
16
the
parcel
or
property
unit
under
section
441.21,
17
subsection
5,
and
the
assessment
limitation
applicable
18
to
residential
property
under
section
441.21,
19
subsection
4,
divided
by
one
thousand
dollars,
and
then
20
multiplied
by
the
consolidated
levy
rate
or
average
21
consolidated
levy
rate
for
one
thousand
dollars
of
22
taxable
value
applicable
to
the
parcel
or
property
unit
23
for
the
fiscal
year
for
which
the
credit
is
claimed
as
24
certified
by
the
county
auditor
under
section
426C.3,
25
subsection
6.
26
Sec.
51.
NEW
SECTION
.
426C.5
Payment
to
counties.
27
1.
Annually
the
department
shall
certify
to
the
28
county
auditor
of
each
county
the
amounts
of
the
29
business
property
tax
credits
allowed
in
the
county.
30
Each
county
auditor
shall
then
enter
the
credits
31
against
the
tax
levied
on
each
eligible
parcel
or
32
property
unit
in
the
county,
designating
on
the
tax
33
lists
the
credit
as
being
from
the
fund.
Each
taxing
34
district
shall
receive
its
share
of
the
business
35
property
tax
credit
allowed
on
each
eligible
parcel
36
or
property
unit
in
such
taxing
district,
in
the
37
proportion
that
the
levy
made
by
such
taxing
district
38
upon
the
parcel
or
property
unit
bears
to
the
total
39
levy
upon
the
parcel
or
property
unit
by
all
taxing
40
districts
imposing
a
property
tax
in
such
taxing
41
district.
However,
the
several
taxing
districts
42
shall
not
draw
the
moneys
so
credited
until
after
the
43
semiannual
allocations
have
been
received
by
the
county
44
treasurer,
as
provided
in
this
section.
Each
county
45
treasurer
shall
show
on
each
tax
receipt
the
amount
of
46
credit
received
from
the
fund.
47
2.
The
director
of
the
department
of
administrative
48
services
shall
issue
warrants
on
the
fund
payable
to
49
the
county
treasurers
of
the
several
counties
of
the
50
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39
state
under
this
chapter.
1
3.
The
amount
due
each
county
shall
be
paid
in
two
2
payments
on
November
15
and
March
15
of
each
fiscal
3
year,
drawn
upon
warrants
payable
to
the
respective
4
county
treasurers.
The
two
payments
shall
be
as
nearly
5
equal
as
possible.
6
Sec.
52.
NEW
SECTION
.
426C.6
Appeals.
7
1.
If
the
board
of
supervisors
disallows
a
claim
8
for
credit
under
section
426C.3,
subsection
5,
the
9
board
of
supervisors
shall
send
written
notice,
by
10
mail,
to
the
claimant
at
the
claimant’s
last
known
11
address.
The
notice
shall
state
the
reasons
for
12
disallowing
the
claim
for
the
credit.
The
board
of
13
supervisors
is
not
required
to
send
notice
that
a
claim
14
for
credit
is
disallowed
if
the
claimant
voluntarily
15
withdraws
the
claim.
Any
person
whose
claim
is
denied
16
under
the
provisions
of
this
chapter
may
appeal
from
17
the
action
of
the
board
of
supervisors
to
the
district
18
court
of
the
county
in
which
the
parcel
or
property
19
unit
is
located
by
giving
written
notice
of
such
appeal
20
to
the
county
auditor
within
twenty
days
from
the
date
21
of
mailing
of
notice
of
such
action
by
the
board
of
22
supervisors.
23
2.
If
any
claim
for
credit
has
been
denied
by
the
24
board
of
supervisors,
and
such
action
is
subsequently
25
reversed
on
appeal,
the
credit
shall
be
allowed
on
the
26
applicable
parcel
or
property
unit,
and
the
director
of
27
revenue,
the
county
auditor,
and
the
county
treasurer
28
shall
provide
the
credit
and
change
their
books
and
29
records
accordingly.
In
the
event
the
appealing
30
taxpayer
has
paid
one
or
both
of
the
installments
of
31
the
tax
payable
in
the
year
or
years
in
question,
32
remittance
shall
be
made
to
such
taxpayer
of
the
amount
33
of
such
credit.
The
amount
of
such
credit
awarded
on
34
appeal
shall
be
allocated
and
paid
from
the
balance
35
remaining
in
the
fund.
36
Sec.
53.
NEW
SECTION
.
426C.7
Audit
——
denial.
37
1.
If
on
the
audit
of
a
credit
provided
under
this
38
chapter,
the
director
of
revenue
determines
the
amount
39
of
the
credit
to
have
been
incorrectly
calculated
or
40
that
the
credit
is
not
allowable,
the
director
shall
41
recalculate
the
credit
and
notify
the
taxpayer
and
the
42
county
auditor
of
the
recalculation
or
denial
and
the
43
reasons
for
it.
The
director
shall
not
adjust
a
credit
44
after
three
years
from
October
31
of
the
year
in
which
45
the
claim
for
the
credit
was
filed.
If
the
credit
has
46
been
paid,
the
director
shall
give
notification
to
the
47
taxpayer,
the
county
treasurer,
and
the
applicable
48
assessor
of
the
recalculation
or
denial
of
the
credit
49
and
the
county
treasurer
shall
proceed
to
collect
the
50
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39
tax
owed
in
the
same
manner
as
other
property
taxes
due
1
and
payable
are
collected,
if
the
parcel
or
property
2
unit
for
which
the
credit
was
allowed
is
still
owned
3
by
the
taxpayer.
If
the
parcel
or
property
unit
4
for
which
the
credit
was
allowed
is
not
owned
by
the
5
taxpayer,
the
amount
may
be
recovered
from
the
taxpayer
6
by
assessment
in
the
same
manner
that
income
taxes
are
7
assessed
under
sections
422.26
and
422.30.
The
amount
8
of
such
erroneous
credit,
when
collected,
shall
be
9
deposited
in
the
fund.
10
2.
The
taxpayer
or
board
of
supervisors
may
11
appeal
any
decision
of
the
director
of
revenue
to
the
12
state
board
of
tax
review
pursuant
to
section
421.1,
13
subsection
5.
The
taxpayer,
the
board
of
supervisors,
14
or
the
director
of
revenue
may
seek
judicial
review
15
of
the
action
of
the
state
board
of
tax
review
in
16
accordance
with
chapter
17A.
17
Sec.
54.
NEW
SECTION
.
426C.8
False
claim
——
18
penalty.
19
A
person
who
makes
a
false
claim
for
the
purpose
of
20
obtaining
a
credit
provided
for
in
this
chapter
or
who
21
knowingly
receives
the
credit
without
being
legally
22
entitled
to
it
is
guilty
of
a
fraudulent
practice.
The
23
claim
for
a
credit
of
such
a
person
shall
be
disallowed
24
and
if
the
credit
has
been
paid
the
amount
shall
be
25
recovered
in
the
manner
provided
in
section
426C.7.
In
26
such
cases,
the
director
of
revenue
shall
send
a
notice
27
of
disallowance
of
the
credit.
28
Sec.
55.
NEW
SECTION
.
426C.9
Rules.
29
The
director
of
revenue
shall
prescribe
forms,
30
instructions,
and
rules
pursuant
to
chapter
17A,
as
31
necessary,
to
carry
out
the
purposes
of
this
chapter.
32
Sec.
56.
APPLICABILITY.
This
division
of
this
Act
33
applies
to
property
taxes
due
and
payable
in
fiscal
34
years
beginning
on
or
after
July
1,
2014.
35
DIVISION
VI
36
MULTIRESIDENTIAL
PROPERTY
CLASSIFICATION
37
Sec.
57.
Section
404.2,
subsection
2,
paragraph
f,
38
Code
2011,
is
amended
to
read
as
follows:
39
f.
A
statement
specifying
whether
the
40
revitalization
is
applicable
to
none,
some,
or
all
of
41
the
property
assessed
as
residential,
multiresidential,
42
agricultural,
commercial
,
or
industrial
property
43
within
the
designated
area
or
a
combination
thereof
and
44
whether
the
revitalization
is
for
rehabilitation
and
45
additions
to
existing
buildings
or
new
construction
or
46
both.
If
revitalization
is
made
applicable
only
to
47
some
property
within
an
assessment
classification,
the
48
definition
of
that
subset
of
eligible
property
must
49
be
by
uniform
criteria
which
further
some
planning
50
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39
objective
identified
in
the
plan.
The
city
shall
state
1
how
long
it
is
estimated
that
the
area
shall
remain
2
a
designated
revitalization
area
which
time
shall
3
be
longer
than
one
year
from
the
date
of
designation
4
and
shall
state
any
plan
by
the
city
to
issue
revenue
5
bonds
for
revitalization
projects
within
the
area.
For
6
a
county,
a
revitalization
area
shall
include
only
7
property
which
will
be
used
as
industrial
property,
8
commercial
property,
commercial
property
consisting
of
9
three
or
more
separate
living
quarters
with
at
least
10
seventy-five
percent
of
the
space
used
for
residential
11
purposes,
multiresidential
property,
or
residential
12
property.
However,
a
county
shall
not
provide
a
tax
13
exemption
under
this
chapter
to
commercial
property,
14
commercial
property
consisting
of
three
or
more
15
separate
living
quarters
with
at
least
seventy-five
16
percent
of
the
space
used
for
residential
purposes,
17
multiresidential
property,
or
residential
property
18
which
is
located
within
the
limits
of
a
city.
19
Sec.
58.
Section
404.3,
subsection
4,
Code
2011,
is
20
amended
to
read
as
follows:
21
4.
All
qualified
real
estate
assessed
as
22
residential
property
or
assessed
as
commercial
23
property,
if
the
commercial
property
consists
of
24
three
or
more
separate
living
quarters
with
at
least
25
seventy-five
percent
of
the
space
used
for
residential
26
purposes,
or
assessed
as
multiresidential
property
is
27
eligible
to
receive
a
one
hundred
percent
exemption
28
from
taxation
on
the
actual
value
added
by
the
29
improvements.
The
exemption
is
for
a
period
of
ten
30
years.
31
Sec.
59.
Section
441.21,
subsection
8,
paragraph
b,
32
Code
Supplement
2011,
is
amended
to
read
as
follows:
33
b.
Notwithstanding
paragraph
“a”
,
any
construction
34
or
installation
of
a
solar
energy
system
on
property
35
classified
as
agricultural,
residential,
commercial,
36
multiresidential,
or
industrial
property
shall
not
37
increase
the
actual,
assessed
,
and
taxable
values
of
38
the
property
for
five
full
assessment
years.
39
Sec.
60.
Section
441.21,
subsections
9
and
10,
Code
40
Supplement
2011,
are
amended
to
read
as
follows:
41
9.
Not
later
than
November
1,
1979,
and
November
42
1
of
each
subsequent
year,
the
director
shall
43
certify
to
the
county
auditor
of
each
county
the
44
percentages
of
actual
value
at
which
residential
45
property,
agricultural
property,
commercial
property,
46
industrial
property,
multiresidential
property,
and
47
property
valued
by
the
department
of
revenue
pursuant
48
to
chapters
428
,
433
,
434
,
437
,
and
438
in
each
49
assessing
jurisdiction
in
the
county
shall
be
assessed
50
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84
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39
for
taxation.
The
county
auditor
shall
proceed
1
to
determine
the
assessed
values
of
agricultural
2
property,
residential
property,
commercial
property,
3
industrial
property,
multiresidential
property,
and
4
property
valued
by
the
department
of
revenue
pursuant
5
to
chapters
428
,
433
,
434
,
437
,
and
438
by
applying
6
such
percentages
to
the
current
actual
value
of
such
7
property,
as
reported
to
the
county
auditor
by
the
8
assessor,
and
the
assessed
values
so
determined
shall
9
be
the
taxable
values
of
such
properties
upon
which
the
10
levy
shall
be
made.
11
10.
The
percentage
of
actual
value
computed
by
12
the
director
for
agricultural
property,
residential
13
property,
commercial
property,
industrial
property
,
14
multiresidential
property,
and
property
valued
by
the
15
department
of
revenue
pursuant
to
chapters
428
,
433
,
16
434
,
437
,
and
438
and
used
to
determine
assessed
values
17
of
those
classes
of
property
does
not
constitute
a
rule
18
as
defined
in
section
17A.2,
subsection
11
.
19
Sec.
61.
Section
441.21,
Code
Supplement
2011,
is
20
amended
by
adding
the
following
new
subsection:
21
NEW
SUBSECTION
.
13.
a.
Beginning
with
valuations
22
established
on
or
after
January
1,
2013,
mobile
home
23
parks,
manufactured
home
communities,
land-leased
24
communities,
assisted
living
facilities,
and
that
25
portion
of
a
building
that
is
used
for
human
habitation
26
and
a
proportionate
share
of
the
land
upon
which
27
the
building
is
situated,
even
if
the
use
for
human
28
habitation
is
not
the
primary
use
of
the
building,
and
29
regardless
of
the
number
of
dwelling
units
located
30
in
the
building,
and
not
otherwise
classified
as
31
residential
property,
shall
be
valued
as
a
separate
32
class
of
property
known
as
multiresidential
property
33
and,
excluding
properties
referred
to
in
section
34
427A.1,
subsection
8,
shall
be
assessed
at
a
percentage
35
of
its
actual
value,
as
determined
in
this
subsection.
36
For
valuations
established
for
the
assessment
year
37
beginning
January
1,
2013,
the
percentage
of
actual
38
value
as
equalized
by
the
director
of
revenue
as
39
provided
in
section
441.49
at
which
multiresidential
40
property
shall
be
assessed
shall
be
ninety
percent.
41
For
valuations
established
for
the
assessment
year
42
beginning
January
1,
2014,
the
percentage
of
actual
43
value
as
equalized
by
the
director
of
revenue
as
44
provided
in
section
441.49
at
which
multiresidential
45
property
shall
be
assessed
shall
be
eighty
percent.
46
For
valuations
established
for
the
assessment
year
47
beginning
January
1,
2015,
the
percentage
of
actual
48
value
as
equalized
by
the
director
of
revenue
as
49
provided
in
section
441.49
at
which
multiresidential
50
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39
property
shall
be
assessed
shall
be
seventy
percent.
1
For
valuations
established
for
the
assessment
year
2
beginning
January
1,
2016,
the
percentage
of
actual
3
value
as
equalized
by
the
director
of
revenue
as
4
provided
in
section
441.49
at
which
multiresidential
5
property
shall
be
assessed
shall
be
sixty
percent.
6
For
valuations
established
for
the
assessment
year
7
beginning
January
1,
2017,
and
each
assessment
year
8
thereafter,
the
percentage
of
actual
value
as
equalized
9
by
the
director
of
revenue
as
provided
in
section
10
441.49
at
which
multiresidential
property
shall
be
11
assessed
shall
be
equal
to
the
percentage
of
actual
12
value
at
which
property
assessed
as
residential
13
property
is
assessed
under
subsection
4
for
the
same
14
assessment
year.
15
b.
Accordingly,
the
assessor
may
assign
more
than
16
one
classification
to
a
parcel
of
property
that,
in
17
part,
satisfies
the
requirements
of
this
subsection.
18
In
no
case,
however,
shall
a
hotel,
motel,
inn,
or
19
other
building
where
rooms
or
dwelling
units
are
20
usually
rented
for
less
than
one
month
be
classified
as
21
multiresidential
property
under
this
subsection.
22
c.
As
used
in
this
subsection:
23
(1)
“Assisted
living
facility”
means
property
for
24
providing
assisted
living
as
defined
in
section
231C.2.
25
(2)
“Dwelling
unit”
means
an
apartment,
group
of
26
rooms,
or
single
room
which
is
occupied
as
separate
27
living
quarters
or,
if
vacant,
is
intended
for
28
occupancy
as
separate
living
quarters,
in
which
a
29
tenant
can
live
and
sleep
separately
from
any
other
30
persons
in
the
building.
31
(3)
“Land-leased
community”
means
the
same
as
32
defined
in
sections
335.30A
and
414.28A.
33
(4)
“Manufactured
home
community”
means
the
same
as
34
a
land-leased
community.
35
(5)
“Mobile
home
park”
means
the
same
as
defined
in
36
section
435.1.
37
Sec.
62.
Section
558.46,
subsection
5,
Code
2011,
38
is
amended
to
read
as
follows:
39
5.
For
the
purposes
of
this
section
,
“residential
40
property”
includes
commercial
multiresidential
property
41
as
defined
in
section
441.21,
subsection
13,
consisting
42
of
three
or
more
separate
living
quarters
with
at
least
43
seventy-five
percent
of
the
space
used
for
residential
44
purposes.
45
Sec.
63.
APPLICABILITY.
This
division
of
this
46
Act
applies
to
assessment
years
beginning
on
or
after
47
January
1,
2013.
>
48
2.
Title
page,
by
striking
lines
1
through
10
49
and
inserting
<
An
Act
relating
to
taxation
and
local
50
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84
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37/
39
government
budgets
by
providing
for
an
increase
in
the
1
amount
of
the
earned
income
tax
credit,
establishing
2
and
modifying
property
assessment
limitations,
3
providing
for
certain
property
tax
replacement
4
payments,
modifying
the
assessment
and
taxation
of
5
telecommunications
company
property,
establishing
6
budget
limitations
for
counties
and
cities,
modifying
7
certain
reporting
requirements,
establishing
a
property
8
tax
credit
for
certain
commercial,
industrial,
and
9
railway
property,
establishing
a
multiresidential
10
property
classification,
providing
penalties,
11
making
appropriations,
and
including
effective
date,
12
retroactive
applicability,
and
other
applicability
13
provisions.
>
14
______________________________
RANDY
FEENSTRA
______________________________
JAMES
F.
HAHN
______________________________
STEVE
KETTERING
______________________________
JONI
ERNST
______________________________
BILL
ANDERSON
______________________________
RICK
BERTRAND
______________________________
KENT
SORENSON
______________________________
DAVID
JOHNSON
______________________________
HUBERT
HOUSER
-38-
SF2344.6158
(3)
84
md/sc
38/
39
______________________________
JAMES
A.
SEYMOUR
______________________________
BILL
DIX
______________________________
TIM
KAPUCIAN
______________________________
NANCY
J.
BOETTGER
______________________________
SHAWN
HAMERLINCK
______________________________
JACK
WHITVER
______________________________
ROBY
SMITH
______________________________
MERLIN
BARTZ
______________________________
SANDRA
H.
GREINER
______________________________
PAT
WARD
______________________________
BRAD
ZAUN
-39-
SF2344.6158
(3)
84
md/sc
39/
39