Iowa SF2334 amends tax and special assessment collection rules for buildings or improvements on land owned by another person.

Iowa SF2334 modifies the tax lien rules for buildings or improvements on land owned by another person. It specifies that if the building or improvement is valued under $20,000 and is not residential, the taxes remain a lien until paid. For residential buildings or improvements valued at $20,000 or more, the taxes remain a lien until paid, and the county treasurer can collect them. The bill also allows special assessments to be levied against adjacent properties benefiting from the improvement, including principal and interest due from special assessments.

Iowa SF2334 amends tax and special assessment collection rules for buildings or improvements on land owned by another person.

Iowa SF2334 modifies the tax lien rules for buildings or improvements on land owned by another person. It specifies that if the building or improvement is valued under $20,000 and is not residential, the taxes remain a lien until paid. For residential buildings or improvements valued at $20,000 or more, the taxes remain a lien until paid, and the county treasurer can collect them. The bill also allows special assessments to be levied against adjacent properties benefiting from the improvement, including principal and interest due from special assessments.