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

HSB 521: HSB 521

Became HF 2082 · Its progress continues under the new number.

What it does

Code section 403.19 authorizes municipalities to provide H.F. _____ by ordinance for the division of property tax revenue (tax increment financing) collected against property located within an urban renewal area. This bill provides that for property taxes due and payable in fiscal years beginning on or after July 1, 2023, if the urban renewal area contains wind energy conversion property that is subject to special valuation under Code section 427B.26, foundation property taxes of a school district imposed under Code section 257.3 shall not be subject to the division of property tax revenue and shall instead be paid to the school district.

Cost

See the fiscal note

7 million for FY 2024 and will reduce TIF increment revenue available to counties by the same amount. The appropriation and county revenue reductions are expected to increase in years after FY 2024. 40 basic levy to offset the reduction in annual State school …

House subcommittee · named January 11, 2022

Rep. Dustin D. Hite (R)
Rep. Eric Gjerde (D) · eric.gjerde@legis.iowa.gov
Rep. Chad Ingels (R) · chad.ingels@legis.iowa.gov

Lobbying · 6 for, 4 against

For: Iowa Association of School Boards; Iowa Taxpayers Association; Iowans for Tax Relief; Rural School Advocates of Iowa; School Administrators of Iowa; Urban Education Network of Iowa

Against: Iowa County Engineers Association; Iowa State Association of Counties; Iowa State Association of County Auditors; Iowa State Association of County Supervisors

In plain words

January 11, 2022Filed in the House and sent to the Education committee
January 11, 2022House subcommittee named: Hite, Gjerde and Ingels
January 19, 2022Subcommittee recommended passing it
January 20, 2022Approved by the House committee
January 24, 2022Approved by the House committee, and given a new number: HF 2082