Iowa Admin. Code r. 441-62.17
Current through Register Vol. 47, No. 11, December 11, 2024
In order for a claimant to be eligible to file a rent reimbursement claim, the property upon which the claimant resided during the base year must have been in a taxable status during the base year. If the property was taxable for only part of the base year, the rent reimbursement must be prorated accordingly (OP.ST. BD. Tax Rev. 187). However, this restriction does not apply to property that became tax exempt on or after July 1, 1986, provided the claimant received a reimbursement of rent constituting property taxes paid on the property when it was in a taxable status and continues to reside in the same property.
This rule is intended to implement Iowa Code section 425.17(4).
Iowa Admin. Code r. 441-62.17