Bill Text: IA SF2167 | 2021-2022 | 89th General Assembly | Introduced
Bill Title: A bill for an act relating to commercial and industrial property tax replacement payments and including effective date provisions.
Spectrum: Partisan Bill (Democrat 13-0)
Status: (Introduced - Dead) 2022-02-02 - Subcommittee: Dawson, Goodwin, and Quirmbach. S.J. 193. [SF2167 Detail]
Download: Iowa-2021-SF2167-Introduced.html
Senate
File
2167
-
Introduced
SENATE
FILE
2167
BY
QUIRMBACH
,
TRONE
GARRIOTT
,
PETERSEN
,
BISIGNANO
,
DOTZLER
,
GIDDENS
,
J.
SMITH
,
JOCHUM
,
BOULTON
,
MATHIS
,
RAGAN
,
WAHLS
,
and
BOLKCOM
A
BILL
FOR
An
Act
relating
to
commercial
and
industrial
property
1
tax
replacement
payments
and
including
effective
date
2
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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2167
Section
1.
Section
2.48,
subsection
3,
paragraph
f,
Code
1
2022,
is
amended
by
adding
the
following
new
subparagraph:
2
NEW
SUBPARAGRAPH
.
(6)
Commercial
and
industrial
property
3
tax
replacement
payments
under
section
441.21A.
4
Sec.
2.
Section
441.21A,
subsection
1,
paragraph
a,
Code
5
2022,
is
amended
to
read
as
follows:
6
a.
For
each
fiscal
year
beginning
on
or
after
July
1,
2014,
7
but
before
July
1,
2029,
there
is
appropriated
from
the
general
8
fund
of
the
state
to
the
department
of
revenue
an
amount
9
necessary
for
the
payment
of
all
commercial
and
industrial
10
property
tax
replacement
claims
under
this
section
for
the
11
fiscal
year.
However,
for
the
a
fiscal
years
year
beginning
12
on
or
after
July
1,
2017,
July
1,
2018,
July
1,
2019,
July
1,
13
2020,
and
July
1,
2021,
the
total
amount
of
moneys
appropriated
14
from
the
general
fund
of
the
state
to
the
department
of
revenue
15
for
the
payment
of
commercial
and
industrial
property
tax
16
replacement
claims
in
each
that
fiscal
year
shall
not
exceed
17
the
total
amount
of
money
necessary
to
pay
all
commercial
and
18
industrial
property
tax
replacement
claims
for
the
fiscal
year
19
beginning
July
1,
2016.
20
Sec.
3.
Section
441.21A,
subsections
2
and
3,
Code
2022,
are
21
amended
to
read
as
follows:
22
2.
a.
For
each
Beginning
with
the
fiscal
year
beginning
23
on
or
after
July
1,
2014,
but
before
July
1,
2022,
each
county
24
treasurer
shall
be
paid
by
the
department
of
revenue
an
25
amount
equal
to
the
amount
of
the
commercial
and
industrial
26
property
tax
replacement
claims
in
the
county,
as
calculated
27
in
subsection
4
.
If
an
amount
appropriated
for
the
a
fiscal
28
year
beginning
on
July
1,
2017,
July
1,
2018,
July
1,
2019,
29
July
1,
2020,
or
July
1,
2021,
is
insufficient
to
pay
all
30
replacement
claims
for
the
fiscal
year
,
the
director
of
revenue
31
shall
prorate
the
payment
of
replacement
claims
to
the
county
32
treasurers
and
shall
notify
the
county
auditors
of
the
pro
rata
33
percentage
on
or
before
September
30.
34
b.
For
each
fiscal
year
beginning
on
or
after
July
1,
2022,
35
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but
before
July
1,
2029,
each
county
treasurer
shall
be
paid
1
by
the
department
of
revenue
an
amount
equal
to
the
sum
of
the
2
commercial
and
industrial
property
tax
replacement
claims
for
3
all
taxing
authorities,
or
portion
thereof,
located
in
the
4
county,
as
calculated
in
subsection
5
.
The
county
treasurer
5
shall
pay
to
each
taxing
authority
the
taxing
authority’s
6
commercial
and
industrial
property
tax
replacement
claim,
or
7
portion
thereof,
as
calculated
in
subsection
5
.
8
3.
a.
On
or
before
July
1
of
each
fiscal
year
beginning
on
9
or
after
July
1,
2014,
but
before
July
1,
2022,
the
assessor
10
shall
report
to
the
county
auditor
the
total
actual
value
of
11
all
commercial
property
and
industrial
property
in
the
county
12
that
is
subject
to
assessment
and
taxation
for
the
assessment
13
year
used
to
calculate
the
taxes
due
and
payable
in
that
fiscal
14
year.
15
b.
On
or
before
July
1,
2022,
the
department
of
management
16
shall
calculate
and
report
to
the
department
of
revenue
for
17
each
taxing
authority
in
this
state
that
is
a
city
or
a
county
18
all
of
the
following:
19
(1)
The
total
assessed
value
as
of
January
1,
2012,
of
20
all
taxable
property
located
in
the
taxing
authority
that
is
21
subject
to
assessment
and
taxation
used
to
calculate
taxes
22
which
are
due
and
payable
in
the
fiscal
year
beginning
July
1,
23
2013,
excluding
property
subject
to
the
statewide
property
tax
24
imposed
under
section
437A.18
or
437B.14
.
25
(2)
The
total
assessed
value
as
of
January
1,
2019,
of
26
all
taxable
property
located
in
the
taxing
authority
that
is
27
subject
to
assessment
and
taxation
used
to
calculate
taxes
28
which
are
due
and
payable
in
the
fiscal
year
beginning
July
1,
29
2020,
excluding
property
subject
to
the
statewide
property
tax
30
imposed
under
section
437A.18
or
437B.14
.
31
Sec.
4.
Section
441.21A,
subsection
4,
unnumbered
paragraph
32
1,
Code
2022,
is
amended
to
read
as
follows:
33
On
or
before
a
date
established
by
rule
of
the
department
34
of
revenue
of
each
fiscal
year
beginning
on
or
after
July
35
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1,
2014,
but
before
July
1,
2022,
the
county
auditor
shall
1
prepare
a
statement,
based
upon
the
report
received
pursuant
to
2
subsection
3
,
paragraph
“a”
,
listing
for
each
taxing
district
3
in
the
county:
4
Sec.
5.
Section
441.21A,
subsection
5,
Code
2022,
is
amended
5
by
striking
the
subsection.
6
Sec.
6.
Section
441.21A,
subsection
6,
Code
2022,
is
amended
7
to
read
as
follows:
8
6.
For
purposes
of
computing
replacement
amounts
under
9
this
section
for
fiscal
years
beginning
on
or
after
July
1,
10
2014,
but
before
July
1,
2022,
that
portion
of
an
urban
renewal
11
area
defined
as
the
sum
of
the
assessed
valuations
defined
in
12
section
403.19,
subsections
1
and
2
,
shall
be
considered
a
13
taxing
district.
14
Sec.
7.
Section
441.21A,
subsection
7,
paragraph
a,
Code
15
2022,
is
amended
to
read
as
follows:
16
a.
For
fiscal
years
beginning
on
or
after
July
1,
2014,
17
but
before
July
1,
2022,
the
The
county
auditor
shall
certify
18
and
forward
one
copy
of
the
statement
to
the
department
of
19
revenue
not
later
than
a
date
of
each
year
established
by
the
20
department
of
revenue
by
rule.
21
Sec.
8.
Section
441.21A,
subsection
7,
paragraph
f,
Code
22
2022,
is
amended
by
striking
the
paragraph.
23
Sec.
9.
Section
441.21A,
subsections
8
and
9,
Code
2022,
are
24
amended
by
striking
the
subsections.
25
Sec.
10.
REPEAL.
2021
Iowa
Acts,
chapter
177,
sections
110,
26
111,
120,
122,
and
123,
are
repealed.
27
Sec.
11.
EFFECTIVE
DATE.
This
Act,
being
deemed
of
28
immediate
importance,
takes
effect
upon
enactment.
29
EXPLANATION
30
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
31
the
explanation’s
substance
by
the
members
of
the
general
assembly.
32
Iowa
Code
section
441.21A
establishes
and
appropriates
33
amounts
for
commercial
and
industrial
property
tax
replacement
34
claims.
2021
Acts,
chapter
177,
eliminated
the
appropriation
35
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for
the
replacement
payments
for
fiscal
years
beginning
1
on
or
after
July
1,
2029,
and
modified
the
methodology
for
2
calculating
and
apportioning
commercial
and
industrial
property
3
tax
replacement
claims
for
fiscal
years
beginning
on
or
after
4
July
1,
2022,
but
before
July
1,
2029.
Changes
to
Code
section
5
441.21A,
enacted
in
2021
Acts,
chapter
177,
required
such
6
claims
to
be
calculated
based
on
taxing
authorities
instead
7
of
taxing
districts
and
required
each
taxing
authority’s
8
replacement
claim
to
be
determined
based
on
specified
fractions
9
of
the
amount
received
by
the
taxing
authority
under
Iowa
Code
10
section
441.21A
for
the
fiscal
year
beginning
July
1,
2021,
and
11
whether
the
taxing
authority
is
a
qualified
taxing
authority.
12
This
bill
amends
Code
section
441.21A
and
2021
Acts,
chapter
13
177,
to
modify
the
commercial
and
industrial
property
tax
14
replacement
claims
and
payments
to
operate
in
the
manner
the
15
claims
and
payments
operated
prior
to
enactment
of
2021
Acts,
16
chapter
177,
by
calculating
commercial
and
industrial
property
17
tax
replacement
based
on
the
difference
between
the
actual
18
value
and
assessed
value
of
all
commercial
and
industrial
19
property
in
each
taxing
district
in
the
state.
20
The
bill
takes
effect
upon
enactment.
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