Relating to the assessment and taxation of wind energy conversion property and including effective date, applicability, and retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 24, 2022
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: House committeeApril 4, 2022
4. ✓
   Done: Passes the HouseApril 4, 202291–5
5. –
   Skipped: Senate committeeSkipped
6. ✓
   Done: Passes the SenateMarch 30, 202247–0
7. ✓
   Done: To the GovernorMay 23, 2022
8. ✓
   Done: Signed into lawMay 23, 2022

SF 2366 became law → The same legislation passed as SF 2366, so this version was set aside. Go to SF 2366 What’s a funnel?

What’s in it

26 governs the special valuation of wind energy conversion property for such property covered by an ordinance adopted by a city council or county board of supervisors.26, are in lieu of the assessment and taxation provisions of Code chapter 437A (electricity replacement tax).26 shall continue to be valued under that Code section until the end of the 19th assessment year following the assessment year in which the property was first assessed. The bill specifies the other provisions of law that govern the assessment and taxation of such property after conclusion of the applicable 19-year period.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Fiscal note

All provisions of the Bill are clarifications of existing law and Department of Revenue assessment guidance and therefore have no identifiable fiscal impact. Source Department of Revenue /s/ Holly M. Lyons June 23, 2022 Doc ID 1292150 The fiscal note for this Bill was prepared pursuant to Joint Rule 17 and the Iowa Code.

• Final Fiscal Note — Wind Energy Conversion Property Taxation · June 23, 2022
• Wind Energy Conversion Property Taxation · March 21, 2022
• Wind Energy Conversion Property Taxation · March 2, 2022

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Iowa Code it changes

Amends§427B.26

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.