Senate File 2229 - Introduced SENATE FILE BY HANCOCK Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to the time of service for qualification for the 2 military service property tax exemption and credit and 3 including effective and applicability date provisions. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 5650XS 81 6 mg/gg/14 PAG LIN 1 1 Section 1. Section 426A.11, subsection 4, Code Supplement 1 2 2005, is amended by striking the subsection and inserting in 1 3 lieu thereof the following: 1 4 4. For purposes of this chapter, unless the context 1 5 otherwise requires, "veteran" also means a resident of this 1 6 state who is a former member of the armed forces of the United 1 7 States, who served on active duty at any time and who was 1 8 discharged under honorable conditions. 1 9 Sec. 2. IMPLEMENTATION OF ACT. Section 25B.7 does not 1 10 apply to this Act. 1 11 Sec. 3. EFFECTIVE AND APPLICABILITY DATES. This Act takes 1 12 effect January 1, 2007, and applies to claims for military 1 13 service tax exemptions on file or filed on or after that date. 1 14 EXPLANATION 1 15 This bill provides that in addition to the current 1 16 definition of veteran for purposes of the military service 1 17 property tax exemption and credit, a "veteran" means an Iowa 1 18 resident who has served in the armed forces of the United 1 19 States on active duty at any time and who was honorably 1 20 discharged. 1 21 The bill makes inapplicable to this Act the requirement 1 22 that the state fully reimburse local jurisdictions for new 1 23 property tax exemptions. 1 24 The bill takes effect January 1, 2007, and applies to 1 25 claims for military service property tax exemptions on file or 1 26 filed on or after that date. 1 27 LSB 5650XS 81 1 28 mg:rj/gg/14.2