House File 694 H-1229 Amend House File 694 as follows: 1 1. Page 2, after line 18 by inserting: 2 < Sec. ___. Section 16.82, subsection 3, paragraph a, Code 3 2021, is amended to read as follows: 4 a. (1) In the case of an agreement on a fixed basis, in 5 which an eligible taxpayer receives a fixed cash rent payment, 6 the amount of the tax credit equals five percent of the amount 7 of the fixed cash rent payment for each year. 8 (2) Notwithstanding subparagraph (1), for specialty crop 9 acres the amount equals ten percent of the amount of fixed 10 cash rent attributable to those acres for each year. In order 11 to qualify as a specialty crop acre, an acre cannot be used 12 to produce a commodity other than fruit, vegetables, tree 13 nuts, dried fruits, or horticulture or nursery crops, that may 14 be consumed by humans in an unprocessed state. Nothing in 15 this subparagraph restricts an otherwise qualifying acre from 16 including an actively managed pollinator habitat. > 17 2. By renumbering as necessary. 18 ______________________________ WOLFE of Clinton -1- HF694.1085 (2) 89 da/jh 1/ 1 #1. #2.