Bill Text: IA HF202 | 2011-2012 | 84th General Assembly | Introduced
Bill Title: A bill for an act relating to the property tax exemption for property owned by certain municipalities and the Iowa national guard and including applicability provisions.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2011-12-31 - END OF 2011 ACTIONS [HF202 Detail]
Download: Iowa-2011-HF202-Introduced.html
House
File
202
-
Introduced
HOUSE
FILE
202
BY
ISENHART
,
HANSON
,
and
MURPHY
A
BILL
FOR
An
Act
relating
to
the
property
tax
exemption
for
property
1
owned
by
certain
municipalities
and
the
Iowa
national
guard
2
and
including
applicability
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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202
Section
1.
Section
427.1,
subsection
2,
Code
2011,
is
1
amended
to
read
as
follows:
2
2.
Municipal
and
military
property.
3
a.
The
property
of
a
county,
township,
city,
school
4
corporation,
levee
district,
drainage
district,
or
the
Iowa
5
national
guard,
when
devoted
to
public
use
and
not
held
for
6
pecuniary
profit,
except
property
as
provided
in
paragraph
“e”
.
7
b.
The
exemption
under
paragraph
“a”
shall
not
apply
to
any
8
of
the
following:
9
(1)
Property
of
a
municipally
owned
electric
utility
10
held
under
joint
ownership
and
property
of
an
electric
power
11
facility
financed
under
chapter
28F
or
476A
that
shall
be
12
subject
to
taxation
under
chapter
437A
and
facilities
.
13
(2)
Facilities
of
a
municipal
utility
that
are
used
for
the
14
provision
of
local
exchange
services
pursuant
to
chapter
476
,
15
but
only
to
the
extent
such
facilities
are
used
to
provide
such
16
services,
which
shall
be
subject
to
taxation
under
chapter
433
,
17
except
that
section
433.11
shall
not
apply.
18
c.
The
exemption
for
property
owned
by
a
city
or
county
also
19
applies
to
property
which
is
operated
by
a
city
or
county
as
a
20
library,
art
gallery
or
museum,
conservatory,
botanical
garden
21
or
display,
observatory
or
science
museum,
or
as
a
location
22
for
holding
athletic
contests,
sports
or
entertainment
events,
23
expositions,
meetings
,
or
conventions,
or
leased
from
the
city
24
or
county
for
any
such
purposes,
or
leased
from
the
city
or
25
county
by
the
Iowa
national
guard
or
by
a
federal
agency
for
26
the
benefit
of
the
Iowa
national
guard
when
the
property
owned
27
by
the
city
or
county
is
devoted
for
public
use
and
not
for
28
pecuniary
profit
,
except
as
provided
in
paragraph
“e”
.
29
d.
Food
and
beverages
may
be
served
at
the
events
or
30
locations
without
affecting
the
exemptions,
provided
the
city
31
has
approved
the
serving
of
food
and
beverages
on
the
property
32
if
the
property
is
owned
by
the
city
or
the
county
has
approved
33
the
serving
of
food
and
beverages
on
the
property
if
the
34
property
is
owned
by
the
county.
The
exemption
for
property
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202
owned
by
a
city
or
county
also
applies
to
property
which
is
1
located
at
an
airport
and
leased
to
a
fixed
base
operator
2
providing
aeronautical
services
to
the
public.
3
e.
The
exemption
for
property
owned
by
a
county,
township,
4
city,
school
corporation,
levee
district,
drainage
district,
or
5
the
Iowa
national
guard
under
paragraph
“a”
shall
also
include
6
property
held
by
such
entities
for
pecuniary
profit
if
such
7
property
is
leased
to
and
used
by
a
person
who,
if
the
person
8
owned
the
property,
would
qualify
for
an
exemption
authorized
9
by
law.
An
exemption
under
this
paragraph
shall
be
limited
10
to
the
proportion
of
the
exemption
that
the
lessee
would
be
11
entitled
to
if
the
lessee
owned
the
property.
12
Sec.
2.
APPLICABILITY.
This
Act
applies
to
assessment
years
13
beginning
on
or
after
January
1,
2012.
14
EXPLANATION
15
Current
Code
section
427.1,
subsection
2,
provides
a
general
16
property
tax
exemption
for
the
property
of
a
county,
township,
17
city,
school
corporation,
levee
district,
drainage
district,
18
or
the
Iowa
national
guard,
when
devoted
to
public
use
and
not
19
held
for
pecuniary
profit.
This
bill
applies
the
exemption
to
20
property
held
by
such
entities
for
pecuniary
profit
if
such
21
property
is
leased
to
and
used
by
a
person
who,
if
the
person
22
owned
the
property,
would
qualify
for
an
exemption
authorized
23
by
law.
An
exemption
allowed
under
the
bill
is
limited
to
the
24
proportion
of
the
exemption
that
the
lessee
would
be
entitled
25
to
if
the
lessee
owned
the
property.
26
The
bill
applies
to
assessment
years
beginning
on
or
after
27
January
1,
2012.
28
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