House File 478 H-1447 Amend the amendment, H-1445, to the Senate amendment, 1 H-1438, to House File 478, as amended, passed, and reprinted by 2 the House, as follows: 3 1. Page 1, after line 4 by inserting: 4 < Sec. ___. Section 404.2, subsection 2, Code 2017, is 5 amended by adding the following new paragraph: 6 NEW PARAGRAPH . 0j. (1) For cities that have designated 7 twenty-five percent or more of the city’s incorporated area 8 as one or more urban revitalization areas, a list of each 9 property tax levy imposed by the designating city from which 10 qualified real estate will be exempt. A property tax exemption 11 authorized by such a designating city under this chapter 12 shall only apply to those property tax levies imposed by the 13 designating city and identified by the city in the plan adopted 14 under this section and shall not apply to any property tax levy 15 imposed or certified for levy by a taxing jurisdiction other 16 than the designating city. 17 (2) This paragraph applies to revitalization areas 18 established on or after the effective date of this Act and to 19 exemption applications filed on or after the effective date of 20 this Act for revitalization areas in existence on the effective 21 date of this Act. A city with an existing revitalization area 22 subject to this paragraph shall amend the city’s plan for the 23 revitalization area to identify each property tax levy imposed 24 by the city from which applicable qualified real estate is 25 exempt. 26 (3) For purposes of this chapter, “ taxing jurisdiction” 27 means a political subdivision of the state with the authority 28 to levy property taxes. “Taxing jurisdiction” includes but is 29 not limited to a city, a county, a school district, a township, 30 or a special purpose district. 31 Sec. ___. Section 404.2, subsection 6, Code 2017, is amended 32 to read as follows: 33 6. a. The city or county has adopted the proposed or 34 amended plan for the revitalization area after the requisite 35 -1- H1445.2674 (3) 87 md/jh 1/ 3 #1.

number of hearings. The city or county may subsequently amend 1 this plan after a hearing. Notice of the hearing shall be 2 published as provided in section 362.3 or 331.305 , except 3 that at least seven days’ notice must be given and the public 4 hearing shall not be held earlier than the next regularly 5 scheduled city council or board of supervisors meeting 6 following the published notice. 7 b. For purposes of an urban revitalization area subject to 8 subsection 2, paragraph “0j” , at any time following adoption 9 of the ordinance designating the revitalization area, the list 10 of property tax levies imposed by the designating city from 11 which qualified real estate will be exempt may be modified 12 by amending the plan. However, an amendment to remove a 13 property tax levy from the list shall only apply to exemption 14 applications filed on or after the effective date of the 15 amendment removing the levy from the list. 16 c. A city which has adopted a plan for a revitalization area 17 which covers all property within the city limits may amend that 18 plan at any time, pursuant to this section , to include property 19 which has been or will be annexed to the city. The provisions 20 of the original plan shall be applicable to the property which 21 is annexed and the property shall be considered to have been 22 part of the revitalization area as of the effective date of its 23 annexation to the city. > 24 2. Page 4, by striking lines 4 through 7 and inserting: 25 < Sec. ___. EFFECTIVE UPON ENACTMENT. The following 26 provisions of this Act, being deemed of immediate importance, 27 take effect upon enactment: 28 1. The sections of this Act amending section 404.2. 29 2. The section of this Act amending section 441.9. > 30 3. By renumbering, redesignating, and correcting internal 31 references as necessary. 32 -2- H1445.2674 (3) 87 md/jh 2/ 3 #2.