House File 285 - Introduced



                                       HOUSE FILE       
                                       BY  PAULSEN and WAGNER


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act authorizing counties and cities to establish disaster
  2    revitalization areas, providing for a disaster revitalization
  3    property tax exemption, and including effective date and
  4    retroactive applicability date provisions.
  5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  6 TLSB 1063YH 83
  7 md/sc/5

PAG LIN



  1  1    Section 1.  Section 364.19, Code 2009, is amended to read
  1  2 as follows:
  1  3    364.19  CONTRACTS TO PROVIDE SERVICES TO TAX=EXEMPT
  1  4 PROPERTY.
  1  5    A city council or county board of supervisors may enter
  1  6 into a contract with a person whose property is totally or
  1  7 partially exempt from taxation under chapter 404, chapter
  1  8 404B, section 427.1, or section 427B.1, for the city or county
  1  9 to provide specified services to that person including but not
  1 10 limited to police protection, fire protection, street
  1 11 maintenance, and waste collection.  The contract shall
  1 12 terminate as of the date previously exempt property becomes
  1 13 subject to taxation.
  1 14    Sec. 2.  NEW SECTION.  404B.1  DISASTER REVITALIZATION
  1 15 AREA.
  1 16    1.  a.  The governing body of a city may, by ordinance,
  1 17 designate an area of the city a disaster revitalization area
  1 18 if that area is within a county or portion of a county
  1 19 declared a disaster area by the governor or a federal
  1 20 official.
  1 21    b.  The governing body of a county may, by ordinance,
  1 22 designate an area of the county outside the boundaries of a
  1 23 city as a disaster revitalization area if that area is within
  1 24 a county or portion of a county declared a disaster area by
  1 25 the governor or a federal official.
  1 26    2.  A disaster revitalization area shall be composed of
  1 27 contiguous parcels.  However, the governing body of a city or
  1 28 the governing body of a county may establish more than one
  1 29 disaster revitalization area.
  1 30    Sec. 3.  NEW SECTION.  404B.2  CONDITIONS MANDATORY.
  1 31    A city or county may only exercise the authority conferred
  1 32 upon it in this chapter after all of the following conditions
  1 33 have been met:
  1 34    1.  The governing body has adopted a resolution finding
  1 35 that the area was affected by a natural disaster, that
  2  1 revitalization of the area is in the economic interest of the
  2  2 residents of the city or county, as applicable, and the area
  2  3 substantially meets the criteria of section 404B.1.
  2  4    2.  The city or county has prepared a proposed plan for the
  2  5 designated disaster revitalization area.  The proposed
  2  6 disaster revitalization plan shall include all of the
  2  7 following:
  2  8    a.  A legal description of the real property forming the
  2  9 boundaries of the proposed area along with a map depicting the
  2 10 existing parcels of real property.
  2 11    b.  The assessed valuation of the real property in the
  2 12 proposed area as of January 1, 2007, listing the land and
  2 13 building values separately.
  2 14    c.  A list of names and addresses of the owners of record
  2 15 of real property within the area.
  2 16    d.  The existing zoning classifications and district
  2 17 boundaries and the existing and proposed land uses within the
  2 18 area.
  2 19    e.  The exemption percentage applicable in the proposed
  2 20 area pursuant to section 404B.4.
  2 21    f.  A statement specifying whether the revitalization is
  2 22 applicable to none, some, or all of the property assessed as
  2 23 residential, agricultural, commercial, or industrial property
  2 24 within the designated area.
  2 25    g.  A definition of revitalization, including whether it is
  2 26 applicable to existing buildings, new construction, or
  2 27 development of previously vacant land.  A definition of
  2 28 revitalization may also include a requirement for a minimum
  2 29 increase in assessed valuation of individual parcels of
  2 30 property in the area.
  2 31    h.  A statement specifying the duration of the designated
  2 32 disaster revitalization area.
  2 33    i.  A description of any federal, state, or private grant
  2 34 or loan program likely to be a source of funding for
  2 35 improvements within the area and a description of any grant or
  3  1 loan program which the city or county has or will have as a
  3  2 source of funding for improvements within the area.
  3  3    3.  a.  The city or county has scheduled a public hearing
  3  4 and published notice of the hearing in accordance with section
  3  5 362.3 or 331.305, as applicable.  In addition to notice by
  3  6 publication, notification shall also be given by ordinary mail
  3  7 to the last known address of the owners of record.  The city
  3  8 or county shall also send notice by ordinary mail addressed to
  3  9 the "occupants" of addresses located within the proposed area,
  3 10 unless the governing body of the city or county, by reason of
  3 11 lack of a reasonably current and complete address list, or for
  3 12 other good cause, shall have waived the notice.
  3 13    b.  The notices in paragraph "a" may contain a statement
  3 14 requesting those in attendance at the hearing to indicate the
  3 15 precise nature of desired changes in the proposed plan.
  3 16    c.  The notice provided by mail to owners and occupants
  3 17 within the area shall be given no later than thirty days
  3 18 before the date of the public hearing.
  3 19    4.  The public hearing has been held.
  3 20    5.  The city or county has adopted the proposed or amended
  3 21 plan for the disaster revitalization area after the hearing.
  3 22    Sec. 4.  NEW SECTION.  404B.3  DISASTER REVITALIZATION PLAN
  3 23 AMENDMENTS.
  3 24    1.  The city or county may subsequently amend a disaster
  3 25 revitalization plan after a hearing.  Notice of the hearing
  3 26 shall be published as provided in section 362.3 or 331.305,
  3 27 except that at least seven days' notice must be given, and the
  3 28 public hearing shall not be held earlier than the next
  3 29 regularly scheduled city council or board of supervisors
  3 30 meeting following the published notice.  Notice shall also be
  3 31 provided by ordinary mail to owners and occupants within the
  3 32 area and any proposed addition to the area.
  3 33    2.  A city which has adopted a plan for a disaster
  3 34 revitalization area that covers all property within the city
  3 35 limits may amend that plan at any time, pursuant to this
  4  1 section, to include property which has been or will be annexed
  4  2 to the city.  The provisions of the original disaster
  4  3 revitalization plan shall be applicable to the property that
  4  4 is annexed and the property shall be considered to have been
  4  5 part of the disaster revitalization area as of the effective
  4  6 date of its annexation to the city.  The notice and hearing
  4  7 provisions of subsection 1 shall apply to amendments under
  4  8 this subsection.
  4  9    Sec. 5.  NEW SECTION.  404B.4  BASIS OF TAX EXEMPTION.
  4 10    1.  All real property within a disaster revitalization area
  4 11 is eligible to receive a one hundred percent exemption from
  4 12 taxation on the increase in assessed value of the property, as
  4 13 compared to the property's assessed value on January 1, 2007,
  4 14 if the increase in assessed value is attributable to
  4 15 revitalization of the property occurring between June 1, 2008,
  4 16 and December 31, 2014.  The exemption is for a period not to
  4 17 exceed five years, starting with the assessment year beginning
  4 18 on January 1, 2009.
  4 19    2.  A city or county may adopt a different tax exemption
  4 20 percentage than the exemption provided in subsection 1.  The
  4 21 different percentage adopted shall not allow a greater
  4 22 exemption, but may allow a smaller exemption.  A different
  4 23 percentage adopted by a city or county shall apply to every
  4 24 disaster revitalization area within the city or county.  The
  4 25 owners of real property eligible for the exemption provided in
  4 26 this section shall elect to take the exemption or shall elect
  4 27 to take an eligible exemption provided under another statute.
  4 28 Once the election has been made and the exemption granted, the
  4 29 owner is not permitted to change the method of exemption.
  4 30    Sec. 6.  NEW SECTION.  404B.5  APPLICATION FOR EXEMPTION BY
  4 31 PROPERTY OWNER.
  4 32    1.  An application shall be filed for each revitalization
  4 33 project resulting in increased assessed value for which an
  4 34 exemption is claimed.  The application for exemption shall be
  4 35 filed by the owner of the property with the local assessor by
  5  1 February 1 of the assessment year in which the increase in
  5  2 assessed value is first assessed for taxation, except for the
  5  3 assessment year beginning January 1, 2009.  Applications for
  5  4 the assessment year beginning January 1, 2009, shall be filed
  5  5 with the local assessor by May 1, 2009.  Applications for
  5  6 exemption shall be made on forms prescribed by the local
  5  7 assessor and shall contain information pertaining to the
  5  8 requirements under this section and any requirements imposed
  5  9 by a city or county governing body.
  5 10    2.  A person may submit a proposal to the governing body of
  5 11 a city or county to receive prior approval for eligibility for
  5 12 a tax exemption.  The governing body of a city or county, by
  5 13 ordinance, may give its prior approval of a tax exemption for
  5 14 a revitalization project if the project would meet the
  5 15 requirements for the exemption under this chapter and as
  5 16 established by the city or county.  Prior approval does not
  5 17 entitle the owner to exemption from taxation until the project
  5 18 has been completed and found to meet the requirements for the
  5 19 exemption under this chapter and as established by the city or
  5 20 county.  An owner may submit an application for an exemption
  5 21 based on the increase in assessed value attributable to a
  5 22 project that is partially completed at the time of the
  5 23 assessment.  If the tax exemption is not approved, the person
  5 24 may submit an amended proposal to the governing body of the
  5 25 city or county to approve or reject.
  5 26    Sec. 7.  NEW SECTION.  404B.6  PHYSICAL REVIEW OF PROPERTY
  5 27 BY ASSESSOR.
  5 28    The local assessor shall review each application by making
  5 29 a physical review of the property to determine if the
  5 30 revitalization project increased the assessed value of the
  5 31 real property.  If the assessor determines that the assessed
  5 32 value of the real property has increased, the assessor shall
  5 33 proceed to determine the assessed value of the property and
  5 34 certify the valuation determined to the county auditor at the
  5 35 time of transmitting the assessment rolls.  The assessor shall
  6  1 notify the applicant of the determination, and the assessor's
  6  2 decision may be appealed to the local board of review at the
  6  3 times specified in section 441.37.  After the tax exemption is
  6  4 granted, the local assessor shall continue to grant the tax
  6  5 exemption, with periodic physical review by the assessor, for
  6  6 the time period specified by ordinance.  The tax exemption for
  6  7 the succeeding years shall be granted without the taxpayer
  6  8 having to file an application for the succeeding years, unless
  6  9 additional revitalization projects occur on the property.
  6 10    Sec. 8.  NEW SECTION.  404B.7  EXPIRATION OR REPEAL OF
  6 11 ORDINANCE.
  6 12    An ordinance enacted under this chapter shall expire or be
  6 13 repealed no later than December 31, 2019.
  6 14    Sec. 9.  Section 437A.19, subsection 1, paragraph a, Code
  6 15 2009, is amended by adding the following new subparagraph:
  6 16    NEW SUBPARAGRAPH.  (8)  The local amount of any major
  6 17 addition eligible for the disaster revitalization exemption
  6 18 provided for in chapter 404B, by situs.
  6 19    Sec. 10.  Section 437A.19, subsection 2, Code 2009, is
  6 20 amended by adding the following new paragraph:
  6 21    NEW PARAGRAPH.  g.  In the event any taxpayer property is
  6 22 eligible for the disaster revitalization tax exemption
  6 23 described in chapter 404B, adjust the assessed value of
  6 24 taxpayer property within each affected local taxing district
  6 25 to reflect such exemption.
  6 26    Sec. 11.  EFFECTIVE AND RETROACTIVE APPLICABILITY DATES.
  6 27 This Act, being deemed of immediate importance, takes effect
  6 28 upon enactment and applies retroactively to January 1, 2009,
  6 29 for assessment years beginning on or after that date.
  6 30                           EXPLANATION
  6 31    This bill authorizes cities and counties to designate a
  6 32 disaster revitalization area if the area is within a county or
  6 33 portion of a county declared a disaster area by the governor
  6 34 or a federal official.  The bill allows the city or county to
  6 35 establish more than one disaster revitalization area within
  7  1 its jurisdiction.
  7  2    Under the bill, prior to establishment of a disaster
  7  3 revitalization area, the city or county must adopt a
  7  4 resolution finding that the area was affected by a natural
  7  5 disaster and that revitalization of the area is in the city or
  7  6 county's economic interest, and the city or county must
  7  7 prepare a proposed plan for the designated disaster
  7  8 revitalization area.  The bill specifies the elements that
  7  9 must be included in a plan.
  7 10    The bill requires a public hearing prior to establishing a
  7 11 disaster revitalization area.  Notice by publication and
  7 12 notice by mail must be given to all owners of record of real
  7 13 property located within the proposed area and the tenants
  7 14 living within the proposed area.
  7 15    The bill provides that all real property within a disaster
  7 16 revitalization area is eligible to receive a 100 percent
  7 17 exemption from taxation on the increase in assessed value of
  7 18 the property, as compared to the property's assessed value on
  7 19 January 1, 2007, if the increase is attributable to
  7 20 revitalization of the property occurring between June 1, 2008,
  7 21 and December 31, 2014.  The exemption is available for a
  7 22 period not to exceed five years, starting with the assessment
  7 23 year beginning on January 1, 2009.  The bill allows a city or
  7 24 county to adopt a different tax exemption percentage, so long
  7 25 as the exemption percentage applies to every disaster
  7 26 revitalization area within the city or county.  The bill
  7 27 prohibits property owners from utilizing multiple tax
  7 28 exemptions for the same increase in assessed value.
  7 29    The bill sets forth the exemption application process and
  7 30 allows for prior approval of revitalization projects.  Under
  7 31 the bill, if a tax exemption is granted, the local assessor
  7 32 shall continue to grant the tax exemption for succeeding
  7 33 years, with periodic physical review by the assessor, without
  7 34 the taxpayer having to file an application for the succeeding
  7 35 years, unless additional revitalization projects occur on the
  8  1 property.
  8  2    The bill provides that an ordinance establishing a disaster
  8  3 revitalization area and tax exemption shall expire or be
  8  4 repealed no later than December 31, 2019.
  8  5    The bill makes conforming amendments to valuation reporting
  8  6 requirements of taxpayers who are electricity and natural gas
  8  7 providers who are receiving a disaster revitalization property
  8  8 tax exemption under the bill.
  8  9    The bill takes effect upon enactment and applies
  8 10 retroactively to assessment years beginning on or after
  8 11 January 1, 2009.
  8 12 LSB 1063YH 83
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