Relating to Iowa’s urban renewal law by modifying the duration of ordinances providing for a division of revenue from taxation and including effective date provisions

Where it is now

1. ✓
   Done: IntroducedMarch 22, 2021
2. ✕
   Stopped: SubcommitteeDied when the General Assembly ended
3. Next: House committee
4. Next: Passes the House
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The General Assembly adjourned on May 24, 2022. Bills that didn’t pass both chambers died. What’s a funnel?

Fiscal note

The Bill proposes to add an additional statutory end date that will impact a subset of existing TIF areas. A number of local governments report that they have existing debt schedules that extend beyond FY 2021 that are related to the TIF areas that will sunset July 1, 2041, under this Bill.

• Tax Increment Financing (TIF) · March 25, 2021

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