S-5163

   Amend  the amendment, S-5152, to House File 2458, as amended, passed, and reprinted by the House, as follows:
   1.  Page 19, after line 3 by inserting: 

<DIVISION ___
RECREATIONAL LAKE AND WATER QUALITY DISTRICTS
   Sec. ___.  NEW SECTION.  357E.15  Exemption from taxation —— refunds.
   1.  The property and facilities of a district shall not be taxable in any manner by the state or any of its political subdivisions.
   2.  A district is a tax-certifying body for purposes of section 423.4, subsection 1.
   Sec. ___.  Section 427.1, subsection 2, Code 2014, is amended to read as follows:
   2.  Municipal and military property.  The property of a county, township, city, school corporation, levee district, drainage district, district organized under chapter 357E, or the Iowa national guard, when devoted to public use and not held for pecuniary profit, except property of a municipally owned electric utility held under joint ownership and property of an electric power facility financed under chapter 28F or 476A that shall be subject to taxation under chapter 437A and facilities of a municipal utility that are used for the provision of local exchange services pursuant to chapter 476, but only to the extent such facilities are used to provide such services, which shall be subject to taxation under chapter 433, except that section 433.11 shall not apply. The exemption for property owned by a city or county also applies to property which is operated by a city or county as a library, art gallery or museum, conservatory, botanical garden or display, observatory or science museum, or as a location for holding athletic contests, sports or entertainment events, expositions, meetings or conventions, or leased from the city or county for any such purposes, or leased from the city or county by the Iowa national guard or by a federal agency for the benefit of the Iowa national guard when devoted for public use and not for pecuniary profit. Food and beverages may be served at the events or locations without affecting the exemptions, provided the city has approved the serving of food and beverages on the property if the property is owned by the city or the county has approved the serving of food and beverages on the property if the property is owned by the county. The exemption for property owned by a city or county also applies to property which is located at an airport and leased to a fixed base operator providing aeronautical services to the public.
   Sec. ___.  IMPLEMENTATION OF ACT.  Section 25B.7 does not apply to the property tax exemption established in this division of this Act.
   Sec. ___.  EFFECTIVE UPON ENACTMENT.  This division of this Act, being deemed of immediate importance, takes effect upon enactment.
   Sec. ___.  RETROACTIVE APPLICABILITY.  This division of this Act applies retroactively to January 1, 2014, for property tax assessment years beginning on or after that date.
   Sec. ___.  RETROACTIVE APPLICABILITY.  This division of this Act applies retroactively to January 1, 2014, for sales and use tax paid on or after that date.>
   2.  Page 19, line 41, after <protection,> by inserting <providing for taxable property,>
   3.  Page 19, line 42, after <date> by inserting <and retroactive applicability>
   4.  By renumbering as necessary.

______________________________
DAN ZUMBACH

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DENNIS H. BLACK