Terms Used In Iowa Code > Chapter 15J - Iowa Reinvestment Act

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Board: means the same as defined in section 15. See Iowa Code 15J.2
• Commencement date: means the date established for each district by the board under section 15J. See Iowa Code 15J.2
• Department: means the department of revenue. See Iowa Code 15J.2
• District: means the area that is designated a reinvestment district pursuant to section 15J. See Iowa Code 15J.2
• Division: means the Iowa title guaranty division in the authority, the director of the division, or a designee of the director. See Iowa Code 16.92
• following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
• Fund: means the state reinvestment district fund created in section 15J. See Iowa Code 15J.2
• Governing body: means the county board of supervisors, city council, or other body in which the legislative powers of the municipality are vested. See Iowa Code 15J.2
• Internet: means the federated international system that is composed of allied electronic communication networks linked by telecommunication channels, that uses standardized protocols, and that facilitates electronic communication services, including but not limited to use of the world wide web; the transmission of electronic mail or messages; the transfer of files and data or other electronic information; and the transmission of voice, image, and video. See Iowa Code 4.1
• Internet site: means a specific location on the internet that is determined by internet protocol numbers, by a domain name, or by both, including but not limited to domain names that use the designations ". See Iowa Code 4.1
• Municipality: means any of the following:
   a. See Iowa Code 15J.2
• New lessor: means a lessor, as defined in section 423A. See Iowa Code 15J.2
• New retail establishment: means a business operated in the district by a retailer, as defined in section 423. See Iowa Code 15J.2
• Project: means a vertical improvement constructed or substantially improved within a district using sales tax revenues and hotel and motel tax revenues received by a municipality pursuant to this chapter. See Iowa Code 15J.2
• property: includes personal and real property. See Iowa Code 4.1
• Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
• Rule: includes "regulation". See Iowa Code 4.1
• state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
• State hotel and motel tax: means the state-imposed tax under section 423A. See Iowa Code 15J.2
• State sales tax: means the sales and services tax imposed pursuant to section 423. See Iowa Code 15J.2
• Substantially improved: means that the cost of the improvements is equal to or exceeds fifty percent of the assessed value of the property, excluding the land, prior to such improvements. See Iowa Code 15J.2
• Vertical improvement: means a building that is wholly or partially above grade and all appurtenant structures to the building. See Iowa Code 15J.2
• year: means twelve consecutive months. See Iowa Code 4.1