89th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026

HSB 272: HSB 272

Died when the session ended · The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.

What it does

This bill relates to tax collection and penalties, tax permits, and loans made by state-chartered banks.27 (penalties) to enhance the readability of the Code section.27. The bill reduces the penalty for the failure of a person to file a return from percent of the tax shown due or required to be shown due to percent of the unpaid tax. Currently, if a business fails to file a return, the business pays a penalty of $200 or an amount equal to percent of the imputed Iowa liability, not to exceed $25,000, whichever is greater.

Cost

See the fiscal note

0% have a potential direct impact on State revenue or expenditures. 0% penalties for failure to pay tax in a timely manner are not currently assessed together, and this position is confirmed in current DOR tax penalty rules. 0%, the Bill also allows the two pe…

House subcommittee · named March 30, 2021

Rep. Dustin D. Hite (R)
Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
Rep. Eric Gjerde (D) · eric.gjerde@legis.iowa.gov

Lobbying · 7 for, 3 against

For: Affirm, Inc.; Americans For Prosperity; Department of Revenue; Hubbell Realty Company; Iowa Taxpayers Association; Iowans for Tax Relief; Metropolitan Coalition

Against: Iowa Attorney General Dept. of Justice; One Main Holdings, Inc.; Town Financial

In plain words

March 30, 2021Filed in the House and sent to the Ways and Means committee
March 30, 2021House subcommittee named: Hite, Bloomingdale and Gjerde