Senate
File
2388
H-8377
Amend
Senate
File
2388,
as
amended,
passed,
and
reprinted
by
1
the
Senate,
as
follows:
2
1.
Page
3,
by
striking
lines
14
and
15
and
inserting
<
4,
3
and
to
the
extent
provided
in
subsection
6A,
property
that
is
4
transmission
property
shall
not
be
assessed
and
taxed
as
real
5
property.
>
6
2.
Page
3,
by
striking
lines
19
and
20
and
inserting
7
<
subsection.
However,
to
the
extent
provided
in
subsection
6A,
8
property
that
is
transmission
property
shall
not
be
assessed
9
and
taxed
as
>
10
3.
Page
3,
line
29,
after
<
6A.
>
by
inserting
<
a.
>
11
4.
Page
4,
line
2,
by
striking
<
towers,
>
12
5.
Page
4,
line
5,
after
<
subscribers.
>
by
inserting
13
<
“Transmission
property”
does
not
include
a
tower
as
defined
in
14
section
8C.2.
>
15
6.
Page
4,
after
line
5
by
inserting:
16
<
b.
Transmission
property
that
is
not
subject
to
assessment
17
and
taxation
under
chapter
433,
shall
be
subject
to
assessment
18
and
taxation
as
follows:
19
(1)
For
the
assessment
year
beginning
January
1,
2019,
at
20
seventy-five
percent
of
the
transmission
property’s
actual
21
value.
22
(2)
For
the
assessment
year
beginning
January
1,
2020,
at
23
fifty
percent
of
the
transmission
property’s
actual
value.
24
(3)
For
the
assessment
year
beginning
January
1,
2021,
at
25
thirty
percent
of
the
transmission
property’s
actual
value.
26
(4)
For
the
assessment
year
beginning
January
1,
2022,
and
27
each
subsequent
assessment
year,
transmission
property
shall
28
not
be
assessed
and
taxed
as
real
property.
>
29
7.
Page
11,
by
striking
lines
29
through
33
and
inserting:
30
<
__.
The
section
of
this
Act
amending
section
476.1D.
>
31
8.
Page
12,
by
striking
lines
23
through
27
and
inserting:
32
<
__.
The
section
of
this
Act
amending
section
476.1D.
>
33
9.
By
renumbering,
redesignating,
and
correcting
internal
34
references
as
necessary.
35
-1-
SF2388.5206
(4)
87
md/jh
1/
2
#1.
#2.
#3.
#4.
#5.
#6.
#7.
#8.
______________________________
COMMITTEE
ON
WAYS
AND
MEANS
VANDER
LINDEN
of
Mahaska,
Chairperson
-2-
SF2388.5206
(4)
87
md/jh
2/
2