Senate File 181 H-1020 Amend Senate File 181, as amended, passed, and reprinted by 1 the Senate, as follows: 2 1. Page 3, after line 23 by inserting: 3 < Sec. ___. LOCAL GOVERNMENT SUPPLEMENT —— FY 2023-2024. 4 1. For the fiscal year beginning July 1, 2023, there is 5 appropriated from the taxpayer relief fund under section 8.57E 6 to the department of revenue an amount necessary to be used 7 for payments under this section calculated as a result of the 8 amendments to the calculation of assessment limitations under 9 section 441.21, subsection 4, as amended in this division of 10 this Act. 11 2. For the fiscal year beginning July 1, 2023, each county 12 treasurer shall be paid by the department of revenue an amount 13 calculated under subsection 4. 14 3. On or before April 1, 2023, the assessor shall report to 15 the county auditor the total actual value of all residential 16 property in the county that is subject to the assessment 17 limitations imposed under section 441.21, subsection 4, for the 18 assessment year beginning January 1, 2022. 19 4. The county auditor shall prepare a statement, based on 20 the report received in subsection 3, listing for each taxing 21 district in the county: 22 a. The product of the total actual value of all residential 23 property that is subject to the assessment limitations under 24 section 441.21, subsection 4, for the assessment year beginning 25 January 1, 2022, multiplied by the difference, stated as a 26 percentage, between the assessment limitation percentage 27 applicable to residential property under section 441.21, 28 subsection 4, for the assessment year beginning January 29 1, 2022, as amended in this division of this Act, and the 30 assessment limitation percentage that would be applicable to 31 residential property under section 441.21, subsection 4, Code 32 2023, for the assessment year beginning January 1, 2022, but 33 for enactment of this division of this Act. 34 b. The tax levy rate per one thousand dollars of assessed 35 -1- SF 181.317 (1) 90 md/jh 1/ 2 #1.
value for each taxing district for the fiscal year beginning 1 July 1, 2023. 2 c. The amount of the payment for each county, which is equal 3 to the amount determined under paragraph “a”, multiplied by the 4 tax rate specified in paragraph “b”, and then divided by one 5 thousand dollars. 6 5. The county auditor shall certify and forward one copy of 7 the statement described in subsection 4 to the department of 8 revenue and the department of management not later than June 9 1, 2023. 10 6. The amounts determined under this section shall be paid 11 by the department of revenue to the county treasurers in equal 12 installments in September 2023 and March 2024. The county 13 treasurer shall apportion the payments among the eligible 14 taxing districts in the county and the amounts received by 15 each taxing authority shall be treated the same as property 16 taxes paid. Taxing entities shall not be required to recertify 17 budgets for the fiscal year beginning July 1, 2023. The 18 department of management shall, however, adjust property tax 19 levy rates for the fiscal year to account for amounts received 20 under this section. > 21 2. Page 4, line 25, by striking < 2023 > and inserting < 2023, 22 subject to the adjustment of levy rates under the section 23 of this division of this Act providing for local government 24 payments for the fiscal year beginning July 1, 2023 > 25 3. Title page, line 3, after < property, > by inserting 26 < providing a local government supplement, making 27 appropriations, > 28 4. By renumbering as necessary. 29 ______________________________ JACOBY of Johnson -2- SF 181.317 (1) 90 md/jh 2/ 2 #2. #3. #4.