Bill Text: IA SF633 | 2019-2020 | 88th General Assembly | Introduced
Bill Title: A bill for an act relating to the assessment of certain subdivided real property and including applicability provisions. (Formerly SSB 1150.)
Spectrum: Committee Bill
Status: (Engrossed - Dead) 2019-04-26 - Read first time, referred to Ways and Means. H.J. 1048. [SF633 Detail]
Download: Iowa-2019-SF633-Introduced.html
Senate
File
633
-
Introduced
SENATE
FILE
633
BY
COMMITTEE
ON
WAYS
AND
MEANS
(SUCCESSOR
TO
SSB
1150)
A
BILL
FOR
An
Act
relating
to
the
assessment
of
certain
subdivided
real
1
property
and
including
applicability
provisions.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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633
Section
1.
Section
441.72,
Code
2019,
is
amended
to
read
as
1
follows:
2
441.72
Assessment
of
platted
lots
and
subdivided
property
.
3
1.
Except
as
provided
in
subsection
2
,
when
When
a
4
subdivision
plat
is
recorded
pursuant
to
chapter
354
,
the
5
individual
lots
within
the
subdivision
plat
shall
not
be
6
assessed
in
excess
of
the
total
assessment
of
the
land
as
7
acreage
or
unimproved
property
for
five
years
after
the
8
recording
of
the
plat
or
continue
to
be
assessed
for
taxation
9
in
the
manner
that
they
were
prior
to
subdivision
and
shall
not
10
be
assessed
in
excess
of
either
the
total
assessment
of
the
11
land
as
acreage
or
unimproved
property
or
the
total
assessment
12
under
the
lot’s
use
prior
to
subdivision,
as
applicable,
until
13
the
lot
is
actually
improved
with
permanent
construction
,
14
whichever
occurs
first
.
When
an
individual
lot
has
been
15
improved
with
permanent
construction,
the
lot
shall
be
assessed
16
for
taxation
purposes
as
provided
in
chapter
428
and
this
17
chapter
.
18
2.
For
subdivision
plats
recorded
pursuant
to
chapter
19
354
on
or
after
January
1,
2004,
but
before
January
1,
2011,
20
the
individual
lots
within
the
subdivision
plat
shall
not
21
be
assessed
in
excess
of
the
total
assessment
of
the
land
22
as
acreage
or
unimproved
property
for
eight
years
after
the
23
recording
of
the
plat
or
until
the
lot
is
actually
improved
24
with
permanent
construction,
whichever
occurs
first.
When
an
25
individual
lot
has
been
improved
with
permanent
construction,
26
the
lot
shall
be
assessed
for
taxation
purposes
as
provided
in
27
chapter
428
and
this
chapter
.
28
3.
2.
This
section
does
not
apply
to
special
assessment
29
levies.
30
Sec.
2.
REPEAL.
Section
405.1,
Code
2019,
is
repealed.
31
Sec.
3.
IMPLEMENTATION.
32
1.
This
Act
shall
not
be
construed
to
require
the
refund
33
or
modification
of
property
taxes
that
are
attributable
to
34
assessment
years
beginning
before
January
1,
2020,
or
the
35
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adjustment
of
property
assessments
for
assessment
years
1
beginning
before
January
1,
2020.
2
2.
Ordinances
adopted
under
section
405.1
in
effect
on
the
3
effective
date
of
this
Act
shall
be
invalid
for
purposes
of
4
assessment
years
beginning
on
or
after
January
1,
2020.
5
Sec.
4.
APPLICABILITY.
This
Act
applies
to
assessment
years
6
beginning
on
or
after
January
1,
2020.
7
EXPLANATION
8
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
9
the
explanation’s
substance
by
the
members
of
the
general
assembly.
10
This
bill
relates
to
the
assessment
of
certain
subdivided
11
real
property.
12
The
bill
repeals
Code
section
405.1,
which
authorizes
a
13
county
board
of
supervisors
to
adopt
an
ordinance
providing
14
that
property
acquired
and
subdivided
for
development
of
15
housing
shall
continue
to
be
assessed
for
taxation
in
the
16
manner
that
it
was
prior
to
the
acquisition
for
housing
until
17
the
lot
is
sold
for
construction
or
occupancy
of
housing
or
18
five
years
from
the
date
of
subdivision,
whichever
is
shorter.
19
Code
section
405.1
also
authorizes
time
extensions
of
certain
20
ordinances
that
affect
the
assessment
of
property
subdivided
21
for
development
of
housing
and
authorizes
the
time
extensions
22
of
certain
ordinances
by
counties
and
by
cities
in
the
portion
23
of
the
applicable
area
located
in
the
incorporated
area
of
24
the
city.
Additionally,
the
Code
section
authorizes
cities
25
and
counties
to
adopt,
amend,
or
extend
such
ordinances
and
26
provides
that
property
acquired
and
subdivided
for
development
27
of
housing
shall
continue
to
be
assessed
for
taxation
and
taxed
28
in
the
manner
it
was
prior
to
its
acquisition
for
housing
until
29
the
lot
is
sold
for
construction
or
occupancy
of
housing.
30
Code
section
441.72
provides
that
a
platted
lot
for
which
31
a
subdivision
plat
was
recorded
is
assessed
for
property
tax
32
purposes
as
acreage
or
unimproved
property
for
five
years
or
33
until
the
lot
is
actually
improved
with
permanent
construction,
34
whichever
occurs
first.
However,
for
subdivision
plats
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633
recorded
on
or
after
January
1,
2004,
but
before
January
1,
1
2011,
the
time
limit
is
eight
years.
2
The
bill
strikes
the
portions
of
Code
section
441.72
3
relating
to
the
five-year
limitation
and
the
eight-year
4
limitation
and
provides
that
when
a
subdivision
plat
is
5
recorded,
the
individual
lots
within
the
subdivision
plat
6
shall
continue
to
be
assessed
for
taxation
in
the
manner
that
7
they
were
prior
to
subdivision
and
shall
not
be
assessed
in
8
excess
of
either
the
total
assessment
of
the
land
as
acreage
or
9
unimproved
property
or
the
total
assessment
under
the
lot’s
use
10
prior
to
subdivision,
as
applicable,
until
the
lot
is
actually
11
improved
with
permanent
construction.
12
The
bill
shall
not
be
construed
to
require
the
refund
13
or
modification
of
property
taxes
that
are
attributable
to
14
assessment
years
beginning
before
January
1,
2020,
or
the
15
adjustment
of
property
assessments
for
assessment
years
16
beginning
before
January
1,
2020.
The
bill
also
provides
that
17
local
ordinances
adopted
under
existing
Code
section
405.1
18
in
effect
on
the
effective
date
of
the
bill
are
invalid
for
19
purposes
of
assessment
years
beginning
on
or
after
January
1,
20
2020.
21
The
bill
applies
to
assessment
years
beginning
on
or
after
22
January
1,
2020.
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