House File 2466 H-8271 Amend House File 2466 as follows: 1 1. Page 2, by striking lines 15 through 17 and 2 inserting < assessment procedures for section 42 3 property is irrevocable. Property that is withdrawn 4 from the assessment procedures for section 42 property 5 shall be classified and assessed as multiresidential 6 property unless the property otherwise fails to meet 7 the requirements of section 441.21, subsection 13. 8 Upon adoption of uniform rules by the department > 9 2. Page 2, after line 26 by inserting: 10 < Sec. ___. Section 441.21, subsection 13, paragraph 11 d, as enacted by 2013 Iowa Acts, chapter 123, section 12 28, is amended to read as follows: 13 d. In no case, however, shall property Property 14 that is rented or leased to low-income individuals and 15 families as authorized by section 42 of the Internal 16 Revenue Code, and that is subject to assessment 17 procedures relating to section 42 property under 18 section 441.21, has not been withdrawn from section 19 42 assessment procedures under subsection 2 of this 20 section , or a hotel, motel, inn, or other building 21 where rooms or dwelling units are usually rented 22 for less than one month shall not be classified as 23 multiresidential property under this subsection . > 24 ______________________________ HAGENOW of Polk -1- HF2466.4021 (2) 85 md/sc 1/ 1 #1. #2.