Senate
File
295
S-3153
Amend
Senate
File
295
as
follows:
1
1.
By
striking
everything
after
the
enacting
clause
2
and
inserting:
3
<
DIVISION
I
4
PROPERTY
ASSESSMENT
LIMITATION
AND
REPLACEMENT
5
Section
1.
Section
257.3,
subsection
1,
Code
2013,
6
is
amended
by
adding
the
following
new
paragraph:
7
NEW
PARAGRAPH
.
d.
The
amount
paid
to
each
school
8
district
for
the
commercial
and
industrial
property
9
tax
replacement
claim
under
section
441.21A
shall
be
10
regarded
as
property
tax.
The
portion
of
the
payment
11
which
is
foundation
property
tax
shall
be
determined
by
12
applying
the
foundation
property
tax
rate
to
the
amount
13
computed
under
section
441.21A,
subsection
4,
paragraph
14
“a”
,
and
such
amount
shall
be
prorated
pursuant
to
15
section
441.21A,
subsection
2,
if
applicable.
16
Sec.
2.
Section
331.512,
Code
2013,
is
amended
by
17
adding
the
following
new
subsection:
18
NEW
SUBSECTION
.
13A.
Carry
out
duties
relating
19
to
the
calculation
and
payment
of
commercial
and
20
industrial
property
tax
replacement
claims
under
21
section
441.21A.
22
Sec.
3.
Section
331.559,
Code
2013,
is
amended
by
23
adding
the
following
new
subsection:
24
NEW
SUBSECTION
.
25A.
Carry
out
duties
relating
25
to
the
calculation
and
payment
of
commercial
and
26
industrial
property
tax
replacement
claims
under
27
section
441.21A.
28
Sec.
4.
Section
441.21,
subsection
4,
Code
2013,
is
29
amended
to
read
as
follows:
30
4.
For
valuations
established
as
of
January
31
1,
1979,
the
percentage
of
actual
value
at
which
32
agricultural
and
residential
property
shall
be
assessed
33
shall
be
the
quotient
of
the
dividend
and
divisor
as
34
defined
in
this
section
.
The
dividend
for
each
class
35
of
property
shall
be
the
dividend
as
determined
for
36
each
class
of
property
for
valuations
established
as
37
of
January
1,
1978,
adjusted
by
the
product
obtained
38
by
multiplying
the
percentage
determined
for
that
year
39
by
the
amount
of
any
additions
or
deletions
to
actual
40
value,
excluding
those
resulting
from
the
revaluation
41
of
existing
properties,
as
reported
by
the
assessors
42
on
the
abstracts
of
assessment
for
1978,
plus
six
43
percent
of
the
amount
so
determined.
However,
if
the
44
difference
between
the
dividend
so
determined
for
45
either
class
of
property
and
the
dividend
for
that
46
class
of
property
for
valuations
established
as
of
47
January
1,
1978,
adjusted
by
the
product
obtained
by
48
multiplying
the
percentage
determined
for
that
year
49
by
the
amount
of
any
additions
or
deletions
to
actual
50
-1-
SF295.1627
(3)
85
md/sc
1/
11
#1.
value,
excluding
those
resulting
from
the
revaluation
1
of
existing
properties,
as
reported
by
the
assessors
2
on
the
abstracts
of
assessment
for
1978,
is
less
than
3
six
percent,
the
1979
dividend
for
the
other
class
of
4
property
shall
be
the
dividend
as
determined
for
that
5
class
of
property
for
valuations
established
as
of
6
January
1,
1978,
adjusted
by
the
product
obtained
by
7
multiplying
the
percentage
determined
for
that
year
8
by
the
amount
of
any
additions
or
deletions
to
actual
9
value,
excluding
those
resulting
from
the
revaluation
10
of
existing
properties,
as
reported
by
the
assessors
on
11
the
abstracts
of
assessment
for
1978,
plus
a
percentage
12
of
the
amount
so
determined
which
is
equal
to
the
13
percentage
by
which
the
dividend
as
determined
for
the
14
other
class
of
property
for
valuations
established
as
15
of
January
1,
1978,
adjusted
by
the
product
obtained
16
by
multiplying
the
percentage
determined
for
that
year
17
by
the
amount
of
any
additions
or
deletions
to
actual
18
value,
excluding
those
resulting
from
the
revaluation
19
of
existing
properties,
as
reported
by
the
assessors
20
on
the
abstracts
of
assessment
for
1978,
is
increased
21
in
arriving
at
the
1979
dividend
for
the
other
class
22
of
property.
The
divisor
for
each
class
of
property
23
shall
be
the
total
actual
value
of
all
such
property
24
in
the
state
in
the
preceding
year,
as
reported
by
the
25
assessors
on
the
abstracts
of
assessment
submitted
26
for
1978,
plus
the
amount
of
value
added
to
said
27
total
actual
value
by
the
revaluation
of
existing
28
properties
in
1979
as
equalized
by
the
director
of
29
revenue
pursuant
to
section
441.49
.
The
director
shall
30
utilize
information
reported
on
abstracts
of
assessment
31
submitted
pursuant
to
section
441.45
in
determining
32
such
percentage.
For
valuations
established
as
of
33
January
1,
1980,
and
each
assessment
year
thereafter
34
beginning
before
January
1,
2013
,
the
percentage
of
35
actual
value
as
equalized
by
the
director
of
revenue
36
as
provided
in
section
441.49
at
which
agricultural
37
and
residential
property
shall
be
assessed
shall
be
38
calculated
in
accordance
with
the
methods
provided
39
herein
including
the
limitation
of
increases
in
40
agricultural
and
residential
assessed
values
to
the
41
percentage
increase
of
the
other
class
of
property
if
42
the
other
class
increases
less
than
the
allowable
limit
43
adjusted
to
include
the
applicable
and
current
values
44
as
equalized
by
the
director
of
revenue,
as
provided
45
in
this
section,
Code
2013,
except
that
any
references
46
to
six
percent
in
this
subsection
shall
be
four
47
percent.
For
valuations
established
for
the
assessment
48
year
beginning
January
1,
2013,
each
assessment
year
49
thereafter,
the
percentage
of
actual
value
as
equalized
50
-2-
SF295.1627
(3)
85
md/sc
2/
11
by
the
director
of
revenue
as
provided
in
section
1
441.49
at
which
agricultural
and
residential
property
2
shall
be
assessed
shall
be
calculated
in
accordance
3
with
the
methods
provided
in
this
subsection,
except
4
that
any
references
to
six
percent
in
this
subsection
5
shall
be
zero
percent.
6
Sec.
5.
Section
441.21,
subsection
5,
Code
2013,
is
7
amended
to
read
as
follows:
8
5.
a.
For
valuations
established
as
of
January
9
1,
1979,
commercial
property
and
industrial
property,
10
excluding
properties
referred
to
in
section
427A.1,
11
subsection
8
,
shall
be
assessed
as
a
percentage
of
12
the
actual
value
of
each
class
of
property.
The
13
percentage
shall
be
determined
for
each
class
of
14
property
by
the
director
of
revenue
for
the
state
in
15
accordance
with
the
provisions
of
this
section
.
For
16
valuations
established
as
of
January
1,
1979,
the
17
percentage
shall
be
the
quotient
of
the
dividend
and
18
divisor
as
defined
in
this
section
.
The
dividend
19
for
each
class
of
property
shall
be
the
total
actual
20
valuation
for
each
class
of
property
established
for
21
1978,
plus
six
percent
of
the
amount
so
determined.
22
The
divisor
for
each
class
of
property
shall
be
the
23
valuation
for
each
class
of
property
established
for
24
1978,
as
reported
by
the
assessors
on
the
abstracts
25
of
assessment
for
1978,
plus
the
amount
of
value
26
added
to
the
total
actual
value
by
the
revaluation
27
of
existing
properties
in
1979
as
equalized
by
the
28
director
of
revenue
pursuant
to
section
441.49
.
For
29
valuations
established
as
of
January
1,
1979,
property
30
valued
by
the
department
of
revenue
pursuant
to
31
chapters
428
,
433
,
437
,
and
438
shall
be
considered
32
as
one
class
of
property
and
shall
be
assessed
as
a
33
percentage
of
its
actual
value.
The
percentage
shall
34
be
determined
by
the
director
of
revenue
in
accordance
35
with
the
provisions
of
this
section
.
For
valuations
36
established
as
of
January
1,
1979,
the
percentage
37
shall
be
the
quotient
of
the
dividend
and
divisor
as
38
defined
in
this
section
.
The
dividend
shall
be
the
39
total
actual
valuation
established
for
1978
by
the
40
department
of
revenue,
plus
ten
percent
of
the
amount
41
so
determined.
The
divisor
for
property
valued
by
42
the
department
of
revenue
pursuant
to
chapters
428
,
43
433
,
437
,
and
438
shall
be
the
valuation
established
44
for
1978,
plus
the
amount
of
value
added
to
the
total
45
actual
value
by
the
revaluation
of
the
property
by
46
the
department
of
revenue
as
of
January
1,
1979.
47
For
valuations
established
as
of
January
1,
1980,
48
commercial
property
and
industrial
property,
excluding
49
properties
referred
to
in
section
427A.1,
subsection
50
-3-
SF295.1627
(3)
85
md/sc
3/
11
8
,
shall
be
assessed
at
a
percentage
of
the
actual
1
value
of
each
class
of
property.
The
percentage
2
shall
be
determined
for
each
class
of
property
by
3
the
director
of
revenue
for
the
state
in
accordance
4
with
the
provisions
of
this
section
.
For
valuations
5
established
as
of
January
1,
1980,
the
percentage
6
shall
be
the
quotient
of
the
dividend
and
divisor
as
7
defined
in
this
section
.
The
dividend
for
each
class
8
of
property
shall
be
the
dividend
as
determined
for
9
each
class
of
property
for
valuations
established
as
10
of
January
1,
1979,
adjusted
by
the
product
obtained
11
by
multiplying
the
percentage
determined
for
that
year
12
by
the
amount
of
any
additions
or
deletions
to
actual
13
value,
excluding
those
resulting
from
the
revaluation
14
of
existing
properties,
as
reported
by
the
assessors
15
on
the
abstracts
of
assessment
for
1979,
plus
four
16
percent
of
the
amount
so
determined.
The
divisor
17
for
each
class
of
property
shall
be
the
total
actual
18
value
of
all
such
property
in
1979,
as
equalized
by
19
the
director
of
revenue
pursuant
to
section
441.49
,
20
plus
the
amount
of
value
added
to
the
total
actual
21
value
by
the
revaluation
of
existing
properties
in
22
1980.
The
director
shall
utilize
information
reported
23
on
the
abstracts
of
assessment
submitted
pursuant
24
to
section
441.45
in
determining
such
percentage.
25
For
valuations
established
as
of
January
1,
1980,
26
property
valued
by
the
department
of
revenue
pursuant
27
to
chapters
428
,
433
,
437
,
and
438
shall
be
assessed
28
at
a
percentage
of
its
actual
value.
The
percentage
29
shall
be
determined
by
the
director
of
revenue
in
30
accordance
with
the
provisions
of
this
section
.
For
31
valuations
established
as
of
January
1,
1980,
the
32
percentage
shall
be
the
quotient
of
the
dividend
and
33
divisor
as
defined
in
this
section
.
The
dividend
shall
34
be
the
total
actual
valuation
established
for
1979
by
35
the
department
of
revenue,
plus
eight
percent
of
the
36
amount
so
determined.
The
divisor
for
property
valued
37
by
the
department
of
revenue
pursuant
to
chapters
428
,
38
433
,
437
,
and
438
shall
be
the
valuation
established
39
for
1979,
plus
the
amount
of
value
added
to
the
total
40
actual
value
by
the
revaluation
of
the
property
by
41
the
department
of
revenue
as
of
January
1,
1980.
For
42
valuations
established
as
of
January
1,
1981,
and
each
43
assessment
year
thereafter
beginning
before
January
1,
44
2013
,
the
percentage
of
actual
value
as
equalized
by
45
the
director
of
revenue
as
provided
in
section
441.49
46
at
which
commercial
property
and
industrial
property,
47
excluding
properties
referred
to
in
section
427A.1,
48
subsection
8
,
shall
be
assessed
shall
be
calculated
in
49
accordance
with
the
methods
provided
herein,
except
50
-4-
SF295.1627
(3)
85
md/sc
4/
11
that
any
references
to
six
percent
in
this
subsection
1
shall
be
four
percent.
For
valuations
established
2
as
of
January
1,
1981,
and
each
year
thereafter,
the
3
percentage
of
actual
value
at
which
property
valued
4
by
the
department
of
revenue
pursuant
to
chapters
5
428
,
433
,
437
,
and
438
shall
be
assessed
shall
be
6
calculated
in
accordance
with
the
methods
provided
7
herein,
except
that
any
references
to
ten
percent
in
8
this
subsection
shall
be
eight
percent.
Beginning
9
with
valuations
established
as
of
January
1,
1979,
10
and
each
assessment
year
thereafter
beginning
before
11
January
1,
2013
,
property
valued
by
the
department
of
12
revenue
pursuant
to
chapter
434
shall
also
be
assessed
13
at
a
percentage
of
its
actual
value
which
percentage
14
shall
be
equal
to
the
percentage
determined
by
the
15
director
of
revenue
for
commercial
property,
industrial
16
property,
or
property
valued
by
the
department
of
17
revenue
pursuant
to
chapters
428
,
433
,
437
,
and
438
,
18
whichever
is
lowest.
For
valuations
established
on
19
or
after
January
1,
2013,
but
before
January
1,
2017,
20
commercial
property
and
industrial
property
shall
be
21
assessed
as
provided
in
paragraphs
“b”
and
“c”
,
as
22
applicable.
For
valuations
established
as
of
January
23
1,
2017,
and
each
assessment
year
thereafter,
the
24
percentage
of
actual
value
as
equalized
by
the
director
25
of
revenue
as
provided
in
section
441.49
at
which
26
commercial
property
and
industrial
property,
excluding
27
properties
referred
to
in
section
427A.1,
subsection
28
8,
shall
be
assessed
shall
be
calculated
in
accordance
29
with
the
methods
provided
in
this
subsection,
except
30
that
any
references
to
six
percent
in
this
subsection
31
shall
be
zero
percent.
For
valuations
established
32
on
or
after
January
1,
2013,
property
valued
by
the
33
department
of
revenue
pursuant
to
chapter
434
shall
34
be
assessed
at
a
percentage
of
its
actual
value
equal
35
to
the
percentage
of
actual
value
at
which
property
36
assessed
as
commercial
property
is
assessed
for
the
37
same
assessment
year.
38
b.
For
valuations
established
on
or
after
January
39
1,
2013,
but
before
January
1,
2017,
commercial
40
property,
excluding
properties
referred
to
in
section
41
427A.1,
subsection
8,
shall
be
assessed
at
a
percentage
42
of
its
actual
value,
as
determined
in
this
paragraph
43
“b”
.
For
valuations
established
for
the
assessment
44
year
beginning
January
1,
2013,
the
percentage
of
45
actual
value
as
equalized
by
the
director
of
revenue
46
as
provided
in
section
441.49
at
which
commercial
47
property
shall
be
assessed
shall
be
ninety-five
48
percent.
For
valuations
established
for
the
assessment
49
year
beginning
January
1,
2014,
the
percentage
of
50
-5-
SF295.1627
(3)
85
md/sc
5/
11
actual
value
as
equalized
by
the
director
of
revenue
1
as
provided
in
section
441.49
at
which
commercial
2
property
shall
be
assessed
shall
be
ninety
percent.
3
For
valuations
established
for
the
assessment
year
4
beginning
January
1,
2015,
the
percentage
of
actual
5
value
as
equalized
by
the
director
of
revenue
as
6
provided
in
section
441.49
at
which
commercial
property
7
shall
be
assessed
shall
be
eighty-five
percent.
8
For
valuations
established
for
the
assessment
year
9
beginning
January
1,
2016,
the
percentage
of
actual
10
value
as
equalized
by
the
director
of
revenue
as
11
provided
in
section
441.49
at
which
commercial
property
12
shall
be
assessed
shall
be
eighty
percent.
13
c.
For
valuations
established
on
or
after
January
14
1,
2013,
but
before
January
1,
2017,
industrial
15
property,
excluding
properties
referred
to
in
section
16
427A.1,
subsection
8,
shall
be
assessed
at
a
percentage
17
of
its
actual
value,
as
determined
in
this
paragraph
18
“c”
.
For
valuations
established
for
the
assessment
19
year
beginning
January
1,
2013,
the
percentage
of
20
actual
value
as
equalized
by
the
director
of
revenue
21
as
provided
in
section
441.49
at
which
industrial
22
property
shall
be
assessed
shall
be
ninety-five
23
percent.
For
valuations
established
for
the
assessment
24
year
beginning
January
1,
2014,
the
percentage
of
25
actual
value
as
equalized
by
the
director
of
revenue
26
as
provided
in
section
441.49
at
which
industrial
27
property
shall
be
assessed
shall
be
ninety
percent.
28
For
valuations
established
for
the
assessment
year
29
beginning
January
1,
2015,
the
percentage
of
actual
30
value
as
equalized
by
the
director
of
revenue
as
31
provided
in
section
441.49
at
which
industrial
property
32
shall
be
assessed
shall
be
eighty-five
percent.
33
For
valuations
established
for
the
assessment
year
34
beginning
January
1,
2016,
the
percentage
of
actual
35
value
as
equalized
by
the
director
of
revenue
as
36
provided
in
section
441.49
at
which
industrial
property
37
shall
be
assessed
shall
be
eighty
percent.
38
Sec.
6.
NEW
SECTION
.
441.21A
Commercial
and
39
industrial
property
tax
replacement
——
replacement
40
claims.
41
1.
a.
For
each
fiscal
year
beginning
on
or
after
42
July
1,
2014,
there
is
appropriated
from
the
general
43
fund
of
the
state
to
the
department
of
revenue
an
44
amount
necessary
for
the
payment
of
all
commercial
45
and
industrial
property
tax
replacement
claims
under
46
this
section
for
the
fiscal
year.
However,
for
a
47
fiscal
year
beginning
on
or
after
July
1,
2018,
the
48
total
amount
of
moneys
appropriated
from
the
general
49
fund
of
the
state
to
the
department
of
revenue
for
50
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the
payment
of
commercial
and
industrial
property
tax
1
replacement
claims
in
that
fiscal
year
shall
not
exceed
2
the
total
amount
of
money
that
was
necessary
to
pay
3
all
commercial
and
industrial
property
tax
replacement
4
claims
for
the
fiscal
year
beginning
July
1,
2017.
5
b.
Moneys
appropriated
by
the
general
assembly
to
6
the
department
under
this
subsection
for
the
payment
7
of
commercial
and
industrial
property
tax
replacement
8
claims
are
not
subject
to
a
uniform
reduction
in
9
appropriations
in
accordance
with
section
8.31.
10
2.
Beginning
with
the
fiscal
year
beginning
11
July
1,
2014,
each
county
treasurer
shall
be
paid
12
by
the
department
of
revenue
an
amount
equal
to
the
13
amount
of
the
commercial
and
industrial
property
tax
14
replacement
claims
in
the
county,
as
calculated
in
15
subsection
4.
For
fiscal
years
beginning
on
or
after
16
July
1,
2018,
if
an
amount
appropriated
for
a
fiscal
17
year
is
insufficient
to
pay
all
replacement
claims,
18
the
director
of
revenue
shall
prorate
the
payment
of
19
replacement
claims
to
the
county
treasurers
and
shall
20
notify
the
county
auditors
of
the
pro
rata
percentage
21
on
or
before
September
30.
22
3.
On
or
before
July
1
of
each
fiscal
year
23
beginning
on
or
after
July
1,
2014,
the
assessor
shall
24
report
to
the
county
auditor
the
total
actual
value
of
25
all
commercial
property
and
industrial
property
in
the
26
county
for
the
assessment
year
used
to
calculate
the
27
taxes
due
and
payable
in
that
fiscal
year.
28
4.
On
or
before
a
date
established
by
rule
of
the
29
department
of
revenue
of
each
fiscal
year
beginning
on
30
or
after
July
1,
2014,
the
county
auditor
shall
prepare
31
a
statement,
based
upon
the
report
received
pursuant
32
to
subsection
3,
listing
for
each
taxing
district
in
33
the
county:
34
a.
The
difference
between
the
assessed
valuation
35
of
all
commercial
property
and
industrial
property
for
36
the
assessment
year
used
to
calculate
taxes
which
are
37
due
and
payable
in
the
applicable
fiscal
year
and
the
38
actual
value
of
all
commercial
property
and
industrial
39
property
for
the
same
assessment
year.
If
the
40
difference
between
the
assessed
value
of
all
commercial
41
property
and
industrial
property
and
the
actual
42
valuation
of
all
commercial
property
and
industrial
43
property
is
zero,
there
is
no
tax
replacement
for
that
44
taxing
district
for
the
fiscal
year.
45
b.
The
tax
levy
rate
per
one
thousand
dollars
of
46
assessed
value
for
each
taxing
district
for
that
fiscal
47
year.
48
c.
The
commercial
and
industrial
property
tax
49
replacement
claim
for
each
taxing
district.
The
50
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replacement
claim
is
equal
to
the
amount
determined
1
pursuant
to
paragraph
“a”
,
multiplied
by
the
tax
rate
2
specified
in
paragraph
“b”
,
and
then
divided
by
one
3
thousand
dollars.
4
5.
For
purposes
of
computing
replacement
amounts
5
under
this
section,
that
portion
of
an
urban
renewal
6
area
defined
as
the
sum
of
the
assessed
valuations
7
defined
in
section
403.19,
subsections
1
and
2,
shall
8
be
considered
a
taxing
district.
9
6.
a.
The
county
auditor
shall
certify
and
forward
10
one
copy
of
the
statement
to
the
department
of
revenue
11
not
later
than
a
date
of
each
year
established
by
the
12
department
of
revenue
by
rule.
13
b.
The
replacement
claims
shall
be
paid
to
each
14
county
treasurer
in
equal
installments
in
September
15
and
March
of
each
year.
The
county
treasurer
shall
16
apportion
the
replacement
claim
payments
among
the
17
eligible
taxing
districts
in
the
county.
18
c.
If
the
taxing
district
is
an
urban
renewal
19
area,
the
amount
of
the
replacement
claim
shall
be
20
apportioned
and
credited
to
those
portions
of
the
21
assessed
value
defined
in
section
403.19,
subsections
22
1
and
2,
as
follows:
23
(1)
To
that
portion
defined
in
section
403.19,
24
subsection
1,
an
amount
of
the
replacement
claim
that
25
is
proportionate
to
the
amount
of
actual
value
of
the
26
commercial
and
industrial
property
in
the
urban
renewal
27
area
as
determined
in
section
403.19,
subsection
1,
28
that
was
subtracted
pursuant
to
section
403.20,
as
29
it
bears
to
the
total
amount
of
actual
value
of
the
30
commercial
and
industrial
property
in
the
urban
renewal
31
area
that
was
subtracted
pursuant
to
section
403.20
for
32
the
assessment
year
for
property
taxes
due
and
payable
33
in
the
fiscal
year
for
which
the
replacement
claim
is
34
computed.
35
(2)
To
that
portion
defined
in
section
403.19,
36
subsection
2,
the
remaining
amount,
if
any.
37
d.
Notwithstanding
the
allocation
provisions
of
38
paragraph
“c”
,
the
amount
of
the
tax
replacement
amount
39
that
shall
be
allocated
to
that
portion
of
the
assessed
40
value
defined
in
section
403.19,
subsection
2,
shall
41
not
exceed
the
amount
equal
to
the
amount
certified
to
42
the
county
auditor
under
section
403.19
for
the
fiscal
43
year
in
which
the
claim
is
paid,
after
deduction
of
44
the
amount
of
other
revenues
committed
for
payment
45
on
that
amount
for
the
fiscal
year.
The
amount
not
46
allocated
to
that
portion
of
the
assessed
value
defined
47
in
section
403.19,
subsection
2,
as
a
result
of
the
48
operation
of
this
paragraph,
shall
be
allocated
to
that
49
portion
of
assessed
value
defined
in
section
403.19,
50
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subsection
1.
1
e.
The
amount
of
the
replacement
claim
amount
2
credited
to
the
portion
of
the
assessed
value
defined
3
in
section
403.19,
subsection
1,
shall
be
allocated
4
to
and
when
received
be
paid
into
the
fund
for
the
5
respective
taxing
district
as
taxes
by
or
for
the
6
taxing
district
into
which
all
other
property
taxes
7
are
paid.
The
amount
of
the
replacement
claim
amount
8
credited
to
the
portion
of
the
assessed
value
defined
9
in
section
403.19,
subsection
2,
shall
be
allocated
to
10
and
when
collected
be
paid
into
the
special
fund
of
the
11
municipality
under
section
403.19,
subsection
2.
12
Sec.
7.
SAVINGS
PROVISION.
This
division
of
this
13
Act,
pursuant
to
section
4.13,
does
not
affect
the
14
operation
of,
or
prohibit
the
application
of,
prior
15
provisions
of
section
441.21,
or
rules
adopted
under
16
chapter
17A
to
administer
prior
provisions
of
section
17
441.21,
for
assessment
years
beginning
before
January
18
1,
2013,
and
for
duties,
powers,
protests,
appeals,
19
proceedings,
actions,
or
remedies
attributable
to
an
20
assessment
year
beginning
before
January
1,
2013.
21
Sec.
8.
EFFECTIVE
UPON
ENACTMENT.
This
division
of
22
this
Act,
being
deemed
of
immediate
importance,
takes
23
effect
upon
enactment.
24
Sec.
9.
RETROACTIVE
APPLICABILITY.
This
division
25
of
this
Act
applies
retroactively
to
January
1,
2013,
26
for
assessment
years
beginning
on
or
after
that
date.
27
DIVISION
II
28
SCHOOL
DISTRICT
FUNDING
29
Sec.
10.
Section
257.1,
subsection
2,
paragraph
b,
30
Code
2013,
is
amended
by
striking
the
paragraph
and
31
inserting
in
lieu
thereof
the
following:
32
b.
(1)
The
regular
program
foundation
base
per
33
pupil
is
the
following:
34
(a)
For
the
budget
year
commencing
July
1,
35
2012,
and
the
budget
year
commencing
July
1,
2013,
36
the
regular
program
foundation
base
per
pupil
is
37
eighty-seven
and
five-tenths
percent
of
the
regular
38
program
state
cost
per
pupil.
39
(b)
For
the
budget
year
commencing
July
1,
2014,
40
the
regular
program
foundation
base
per
pupil
is
41
eighty-nine
and
three
hundred
seventy-five
thousandths
42
percent
of
the
regular
program
state
cost
per
pupil.
43
(c)
For
the
budget
year
commencing
July
1,
2015,
44
the
regular
program
foundation
base
per
pupil
is
45
ninety-one
and
twenty-five
hundredths
percent
of
the
46
regular
program
state
cost
per
pupil.
47
(d)
For
the
budget
year
commencing
July
1,
2016,
48
the
regular
program
foundation
base
per
pupil
is
49
ninety-three
and
one
hundred
twenty-five
thousandths
50
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percent
of
the
regular
program
state
cost
per
pupil.
1
(e)
For
the
budget
year
commencing
July
1,
2017,
2
and
succeeding
budget
years,
the
regular
program
3
foundation
base
per
pupil
is
ninety-five
percent
of
the
4
regular
program
state
cost
per
pupil.
5
(2)
For
each
budget
year,
the
special
education
6
support
services
foundation
base
is
seventy-nine
7
percent
of
the
special
education
support
services
state
8
cost
per
pupil.
The
combined
foundation
base
is
the
9
sum
of
the
regular
program
foundation
base,
the
special
10
education
support
services
foundation
base,
the
total
11
teacher
salary
supplement
district
cost,
the
total
12
professional
development
supplement
district
cost,
the
13
total
early
intervention
supplement
district
cost,
the
14
total
area
education
agency
teacher
salary
supplement
15
district
cost,
and
the
total
area
education
agency
16
professional
development
supplement
district
cost.
17
DIVISION
III
18
HOMESTEAD
CREDIT
ADJUSTMENT
19
Sec.
11.
Section
425.1,
subsection
2,
Code
2013,
is
20
amended
to
read
as
follows:
21
2.
a.
The
homestead
credit
fund
shall
be
22
apportioned
each
year
so
as
to
give
a
credit
against
23
the
tax
on
each
eligible
homestead
in
the
state
in
24
an
amount
equal
to
the
actual
levy
on
the
first
four
25
thousand
eight
hundred
fifty
dollars
,
as
adjusted
26
pursuant
to
paragraph
“b”
,
of
actual
value
for
each
27
homestead.
28
b.
The
amount
of
actual
value
specified
in
29
paragraph
“a”
shall
be
adjusted
annually
as
provided
in
30
this
paragraph.
For
each
fiscal
year
beginning
on
or
31
after
July
1,
2013,
the
amount
of
actual
value
used
to
32
calculate
the
homestead
credit
shall
be
the
amount
of
33
actual
value
used
to
calculate
the
homestead
credit
in
34
the
immediately
preceding
fiscal
year
multiplied
by
the
35
annual
homestead
credit
factor
and
then
rounded
to
the
36
nearest
multiple
of
ten
dollars.
37
c.
For
the
purposes
of
this
subsection,
“annual
38
homestead
credit
factor”
means
the
sum
of
one
hundred
39
percent
plus
the
annual
percentage
change,
but
not
less
40
than
zero,
in
the
consumer
price
index
for
all
urban
41
consumers
published
by
the
United
States
department
of
42
labor,
bureau
of
labor
statistics,
calculated
for
the
43
calendar
year
ending
six
months
prior
to
the
beginning
44
of
the
fiscal
year
for
which
the
homestead
credit
is
45
being
provided.
46
Sec.
12.
APPLICABILITY.
This
division
of
this
Act
47
applies
to
property
taxes
due
and
payable
in
fiscal
48
years
beginning
on
or
after
July
1,
2013.
>
49
2.
Title
page,
by
striking
lines
1
through
4
50
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and
inserting
<
An
Act
relating
to
state
and
local
1
finances
by
establishing
and
modifying
property
2
assessment
limitations,
providing
for
commercial
3
and
industrial
property
tax
replacement
payments,
4
increasing
the
regular
program
foundation
base
5
percentage,
providing
for
an
adjustment
to
the
amount
6
of
value
used
to
calculate
the
homestead
credit,
7
making
appropriations,
and
including
effective
date,
8
retroactive
applicability,
and
other
applicability
9
provisions.
>
10
______________________________
RANDY
FEENSTRA
______________________________
______________________________
______________________________
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