427B.19C - ADJUSTMENT OF CERTAIN ASSESSMENTS REQUIRED.
427B.19C ADJUSTMENT OF CERTAIN ASSESSMENTS REQUIRED. In the assessment year beginning January 1, 2003, the amount of assessed value of property defined in section 403.19, subsection 1, for an urban renewal taxing district which received replacement moneys under section 427B.19A, subsection 4, shall be reduced by an amount equal to that portion of the amount of assessed value of such property which was assessed pursuant to section 427B.17, subsection 3.
Section History: Recent Form 96 Acts, ch 1049, §7; 2003 Acts, ch 178, §8