499A.14 Taxation.
The real estate shall be taxed in the name of the cooperative, and each member of the cooperative shall pay that member’s proportionate share of the tax in accordance with the proration formula set forth in the bylaws, and each member occupying an apartment as a residence shall receive that member’s proportionate homestead tax credit and each veteran of the military services of the United States identified as such under the laws of the state of Iowa or the United States shall receive as a credit that member’s veterans tax benefit as prescribed by the laws of the state of Iowa.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499A.14]
91 Acts, ch 30, §6
Homestead credit, chapter 425
Veterans exemption, §426A.11
Structure Iowa Code
Chapter 499A - MULTIPLE HOUSING
Section 499A.2 - Powers — duration.
Section 499A.3A - Meetings of members.
Section 499A.3B - Notice of members meetings.
Section 499A.7 - Reorganizing prior to expiration of term.
Section 499A.8 - Reorganizing after expiration of term.
Section 499A.9 - Amendments of articles.
Section 499A.10 - Record — effect.
Section 499A.11 - Ownership — certificate of membership.
Section 499A.18A - Upkeep of the cooperative.
Section 499A.19 - Election of directors.
Section 499A.22 - Lien for assessments.
Section 499A.23 - Effect of documents and instruments.
Section 499A.25 - Title of Act.
Section 499A.101 - Definitions.
Section 499A.102 - Local housing authority.
Section 499A.103 - Low-income participants.
Section 499A.104 - Sweat equity housing cooperative association.
Section 499A.105 - Association financing.
Section 499A.106 - Reimbursement of sweat equity contribution.