House File 651 H-1382 Amend House File 651 as follows: 1 1. Page 9, after line 29 by inserting: 2 < DIVISION ___ 3 URBAN REVITALIZATION AREA 4 PROPERTY TAX EXEMPTIONS 5 Sec. ___. Section 404.2, subsection 2, Code 2017, is amended 6 by adding the following new paragraph: 7 NEW PARAGRAPH . 0j. (1) For cities that have designated 8 twenty-five percent or more of the city’s incorporated area 9 as one or more urban revitalization areas, a list of each 10 property tax levy imposed by the designating city from which 11 qualified real estate will be exempt. A property tax exemption 12 authorized by such a designating city under this chapter 13 shall only apply to those property tax levies imposed by the 14 designating city and identified by the city in the plan adopted 15 under this section and shall not apply to any property tax levy 16 imposed or certified for levy by a taxing jurisdiction other 17 than the designating city. 18 (2) This paragraph applies to revitalization areas 19 established on or after the effective date of this division of 20 this Act and to exemption applications filed on or after the 21 effective date of this division of this Act for revitalization 22 areas in existence on the effective date of this division 23 of this Act. A city with an existing revitalization area 24 subject to this paragraph shall amend the city’s plan for the 25 revitalization area to identify each property tax levy imposed 26 by the city from which applicable qualified real estate is 27 exempt. 28 (3) For purposes of this chapter, “ taxing jurisdiction” 29 means a political subdivision of the state with the authority 30 to levy property taxes. “Taxing jurisdiction” includes but is 31 not limited to a city, a county, a school district, a township, 32 or a special purpose district. 33 Sec. ___. Section 404.2, subsection 6, Code 2017, is amended 34 to read as follows: 35 -1- HF651.2411 (3) 87 md/rj 1/ 3 #1.

6. a. The city or county has adopted the proposed or 1 amended plan for the revitalization area after the requisite 2 number of hearings. The city or county may subsequently amend 3 this plan after a hearing. Notice of the hearing shall be 4 published as provided in section 362.3 or 331.305 , except 5 that at least seven days’ notice must be given and the public 6 hearing shall not be held earlier than the next regularly 7 scheduled city council or board of supervisors meeting 8 following the published notice. 9 b. For purposes of an urban revitalization area subject to 10 subsection 2, paragraph “0j” , at any time following adoption 11 of the ordinance designating the revitalization area, the list 12 of property tax levies imposed by the designating city from 13 which qualified real estate will be exempt may be modified 14 by amending the plan. However, an amendment to remove a 15 property tax levy from the list shall only apply to exemption 16 applications filed on or after the effective date of the 17 amendment removing the levy from the list. 18 c. A city which has adopted a plan for a revitalization area 19 which covers all property within the city limits may amend that 20 plan at any time, pursuant to this section , to include property 21 which has been or will be annexed to the city. The provisions 22 of the original plan shall be applicable to the property which 23 is annexed and the property shall be considered to have been 24 part of the revitalization area as of the effective date of its 25 annexation to the city. 26 Sec. ___. EFFECTIVE UPON ENACTMENT. This division of this 27 Act, being deemed of immediate importance, takes effect upon 28 enactment. > 29 2. Title page, by striking line 3 and inserting 30 < appeals, modifying tax exemptions provided in certain 31 urban revitalization areas, and including effective date and 32 applicability provisions. > 33 3. By renumbering, redesignating, and correcting internal 34 references as necessary. 35 -2- HF651.2411 (3) 87 md/rj 2/ 3 #2.