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