HF 2225 (LSB 5951YH (2) 87)

HOUSE FILE 2225

BY  MAXWELL

A BILL FOR

An Act relating to the additional annual tax authorized to be imposed by a benefited fire district.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 357B.3, subsection 2, Code 2018, is amended to read as follows:
   2.  If the levy authorized under subsection 1 is insufficient to provide the services authorized or required under this section, the trustees may levy an additional annual tax not exceeding twenty:
   a.  Twenty and one-fourth cents per thousand dollars of assessed value of the taxable property in the benefited district to provide the services for a fiscal year beginning before July 1, 2019.
   b.  Thirty and one-half cents per thousand dollars of assessed value of the taxable property in the benefited district to provide the services for a fiscal year beginning on or after July 1, 2019.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   Code chapter 357B governs benefited fire districts established prior to July 1, 1975. As part of a benefited fire district’s funding authority, if the general operating levy of 40 1/2 cents per $1,000 of assessed value is insufficient to provide the services authorized or required of the district, current law allows the board of trustees to levy an additional annual tax not to exceed 20 1/4 cents per $1,000 of assessed value. This bill increases the maximum additional annual tax to a rate not to exceed 30 1/2 cents per $1,000 of assessed value for fiscal years beginning on or after July 1, 2019.