Bill Text: IA HF865 | 2021-2022 | 89th General Assembly | Enrolled
Bill Title: A bill for an act relating to the filing requirements for the business property tax credit and including effective date provisions. (Formerly HF 47.) Effective date: 06/08/2021.
Spectrum: Committee Bill
Status: (Passed) 2021-06-08 - Signed by Governor. H.J. 1212. [HF865 Detail]
Download: Iowa-2021-HF865-Enrolled.html
House
File
865
-
Enrolled
House
File
865
AN
ACT
RELATING
TO
THE
FILING
REQUIREMENTS
FOR
THE
BUSINESS
PROPERTY
TAX
CREDIT
AND
INCLUDING
EFFECTIVE
DATE
PROVISIONS.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
426C.3,
subsection
7,
Code
2021,
is
amended
to
read
as
follows:
7.
When
all
or
a
portion
of
a
parcel
or
property
unit
that
is
allowed
a
credit
under
this
chapter
is
sold,
transferred,
or
ownership
otherwise
changes,
the
buyer,
transferee,
or
new
owner
who
wishes
to
receive
the
credit
shall
refile
the
claim
for
credit.
In
addition,
when
a
portion
of
a
parcel
or
property
unit
that
is
allowed
a
credit
under
this
chapter
is
sold,
transferred,
or
ownership
otherwise
changes,
the
owner
of
the
portion
of
the
parcel
or
property
unit
for
which
ownership
did
not
change
shall
refile
the
claim
for
credit.
House
File
865,
p.
2
Sec.
2.
EFFECTIVE
DATE.
This
Act,
being
deemed
of
immediate
importance,
takes
effect
upon
enactment.
______________________________
PAT
GRASSLEY
Speaker
of
the
House
______________________________
JAKE
CHAPMAN
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
865,
Eighty-ninth
General
Assembly.
______________________________
MEGHAN
NELSON
Chief
Clerk
of
the
House
Approved
_______________,
2021
______________________________
KIM
REYNOLDS
Governor
