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

HSB 704: HSB 704

Became HF 2561 · Its progress continues under the new number.

What it does

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.

Cost

See the 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 …

House subcommittee · named February 10, 2022

Rep. Dustin D. Hite (R)
Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
Rep. Monica Kurth (D) · monica.kurth@legis.iowa.gov

Lobbying · 11 for, 1 against

For: Invenergy; Iowa Association of Electric Cooperatives; Iowa Association of Municipal Utilities; Iowa Association of School Boards; Iowa Retail Federation; Iowa State Association of Assessors; Iowa State Association of Counties; Iowa State Association of County Supervisors; MidAmerican Energy Company; Rural School Advocates of Iowa; Urban Education Network of Iowa

Against: NextEra Energy

In plain words

February 10, 2022Filed in the House and sent to the Ways and Means committee
February 10, 2022House subcommittee named: Hite, Bloomingdale and Kurth
February 22, 2022Subcommittee recommended passing it
March 15, 2022Approved by the House committee
March 16, 2022Approved by the House committee, and given a new number: HF 2561