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.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 426C.3, subsection 7, Code 2021, is
2 amended to read as follows:
3 7. When all or a portion of a parcel or property unit that
4 is allowed a credit under this chapter is sold, transferred,
5 or ownership otherwise changes, the buyer, transferee, or
6 new owner who wishes to receive the credit shall refile the
7 claim for credit. In addition, when a portion of a parcel or
8 property unit that is allowed a credit under this chapter is
9 sold, transferred, or ownership otherwise changes, the owner of
10 the portion of the parcel or property unit for which ownership
11 did not change shall refile the claim for credit.
 House File 865, p. 2
12 Sec. 2. EFFECTIVE DATE. This Act, being deemed of immediate
13 importance, takes effect upon enactment.
______________________________ ______________________________
PAT GRASSLEY JAKE CHAPMAN
Speaker of the House 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