Bill Text: IA HSB500 | 2021-2022 | 89th General Assembly | Introduced
Bill Title: A bill for an act relating to the classification of property enrolled in the federal conservation reserve program and including applicability provisions.(See HF 2164.)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2022-01-31 - Committee report approving bill, renumbered as HF 2164. [HSB500 Detail]
Download: Iowa-2021-HSB500-Introduced.html
House
Study
Bill
500
-
Introduced
HOUSE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
AGRICULTURE
BILL
BY
CHAIRPERSON
PAUSTIAN)
A
BILL
FOR
An
Act
relating
to
the
classification
of
property
enrolled
1
in
the
federal
conservation
reserve
program
and
including
2
applicability
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
TLSB
5097YC
(3)
89
md/jh
H.F.
_____
Section
1.
Section
441.21,
subsection
6,
Code
2022,
is
1
amended
to
read
as
follows:
2
6.
a.
Beginning
with
valuations
established
as
of
January
3
1,
1978,
the
assessors
shall
report
the
aggregate
taxable
4
values
and
the
number
of
dwellings
located
on
agricultural
5
land
and
the
aggregate
taxable
value
of
all
other
structures
6
on
agricultural
land.
Beginning
with
valuations
established
7
as
of
January
1,
1981,
the
agricultural
dwellings
located
on
8
agricultural
land
shall
be
valued
at
their
market
value
as
9
defined
in
this
section
and
agricultural
dwellings
shall
be
10
valued
as
rural
residential
property
and
shall
be
assessed
at
11
the
same
percentage
of
actual
value
as
is
all
other
residential
12
property.
13
b.
Land
enrolled
in
the
conservation
reserve
program
14
under
7
C.F.R.
pt.
1410,
shall
not
be
classified
or
valued
as
15
residential
property.
16
Sec.
2.
APPLICABILITY.
This
Act
applies
to
assessment
years
17
beginning
on
or
after
January
1,
2023.
18
EXPLANATION
19
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
20
the
explanation’s
substance
by
the
members
of
the
general
assembly.
21
The
United
States
department
of
agriculture’s
conservation
22
reserve
program
(CRP)
is
a
land
conservation
program
23
administered
by
the
federal
farm
service
agency
(FSA).
In
24
exchange
for
a
yearly
rental
payment,
property
owners
enrolled
25
in
the
program
enter
into
contracts
with
the
FSA
to
remove
26
environmentally
sensitive
land
from
agricultural
production
27
and
plant
species
that
will
improve
environmental
health
and
28
quality.
This
bill
prohibits
land
from
being
classified
or
29
valued
as
residential
property
for
property
tax
purposes
under
30
Iowa
law
while
the
property
is
enrolled
in
the
CRP.
31
The
bill
applies
to
property
tax
assessment
years
beginning
32
on
or
after
January
1,
2023.
33
-1-
LSB
5097YC
(3)
89
md/jh
1/
1
