Bills › 89th General Assembly
HSB 704
Where it is now
- Done: IntroducedFebruary 10, 2022
- Done: SubcommitteeFebruary 10, 2022
- Done: House committeeMarch 15, 2022
- Skipped: Passes the HouseContinued as HF 2561
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 2561 → Its progress continues under the new number. Go to HF 2561 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. _____ (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.
Read the full explanation
26. The bill defines “repowering” and modifies the definition of “wind energy conversion property” to specify that substations that are “collector substations”, as defined in the bill, are wind energy conversion property. The bill takes effect upon enactment and applies retroactively to assessment years beginning on or after January 1, 2022.
Changed since by amendment S-5102; see Amendments.
House subcommittee
Named February 10, 2022. On February 22, 2022 it recommended passage. Vote Total: 3-0.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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
Iowa Code it changes
Amends§427B.26
Lobbying
11 for · 1 against · 16 undecided · Who →
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89th General Assembly