H.F. 108 Section 1. Section 428.22, unnumbered paragraph 1, Code 1 2013, is amended to read as follows: 2 For purposes of valuing and assessing property for tax 3 purposes, a person who operates a locker plant as defined in 4 this section is a manufacturer and locker plants shall be 5 valued and assessed as commercial industrial property. For 6 purposes of this section , “locker plants” means any property 7 used primarily for any or all of the following purposes: 8 Sec. 2. APPLICABILITY. This Act applies to assessment years 9 beginning on or after January 1, 2014. 10 EXPLANATION 11 This bill specifies that for the purposes of listing real 12 property for assessment and taxation a person who operates a 13 locker plant is a manufacturer. A “locker plant” is defined 14 in Code section 428.22 to be property used primarily for 15 locker rental facilities for the storage of frozen meats, 16 fish, or fowl owned by the person renting the locker, custom 17 slaughter livestock and processing under contract for a natural 18 person, or processing an animal carcass to offer processed meat 19 products at retail to a natural person after the facility has 20 purchased the livestock or carcass. 21 Current Code section 428.22 provides that locker plants are 22 classified as commercial property for property tax purposes. 23 The bill specifies locker plants to be industrial property for 24 property tax purposes. 25 The bill applies to assessment years beginning on or after 26 January 1, 2014. 27 -1- LSB 1356HH (2) 85 md/sc 1/ 1