House File 2672 S-5194 Amend House File 2672, as passed by the House, as follows: 1 1. By striking page 1, line 1, through page 2, line 1. 2 2. Page 2, lines 21 and 22, by striking < and subject to 3 section 427C.14, > 4 3. By striking page 3, line 32, through page 4, line 25, and 5 inserting: 6 < Sec. ___. NEW SECTION . 427C.14 Program fee. 7 1. Beginning January 1, 2025, each acre of forest and 8 fruit-tree reservation that is exempt from tax pursuant to this 9 chapter shall be subject to a fee to be paid no later than 10 September 1 of each year to the county treasurer of the county 11 where the forest or fruit-tree reservation is located to be 12 deposited into the county general fund. 13 2. Fee rates shall be in the following amounts: 14 a. Subject to paragraph “c” , for forest and fruit-tree 15 reservations located in the county where the owner of the 16 forest or fruit-tree reservation maintains a homestead for 17 purposes of chapter 425, two dollars per acre. 18 b. Subject to paragraph “c” , for forest and fruit-tree 19 reservations located in a county that is contiguous to the 20 county where the owner of the forest or fruit-tree reservation 21 maintains a homestead for purposes of chapter 425, three 22 dollars per acre. 23 c. (1) For forest and fruit-tree reservations not described 24 by paragraph “a” or “b” , and forest and fruit-tree reservations 25 located inside the corporate limits of a city, a rate per acre 26 equal to the product of the average property taxes due per acre 27 of agricultural property in the county with the most acres 28 of land subject to an exemption under this chapter for the 29 assessment year used to calculate the taxes due and payable 30 in that fiscal year multiplied by the quotient of thirteen 31 divided by the average corn suitability rating for agricultural 32 property located in the county with the most acres of property 33 subject to an exemption under this chapter. 34 (2) The department of management shall make all 35 -1- HF 2672.4329 (3) 90 dg/jh 1/ 2 #1. #2. #3.
calculations necessary to determine the fee rate in 1 subparagraph (1) and transmit the rate to each county treasurer 2 no later than July 1 of each year. > 3 4. Title page, by striking lines 1 through 3 and inserting 4 < An Act establishing forest and fruit-tree reservation program 5 fees. > 6 5. By renumbering as necessary. 7 ______________________________ COMMITTEE ON WAYS AND MEANS DAN DAWSON, CHAIRPERSON -2- HF 2672.4329 (3) 90 dg/jh 2/ 2 #4. #5.