HSB 714: HSB 714

What it does

This bill relates to county and city finances by amending provisions relating to the issuance of bonds and authorizing counties to establish and levy for a capital improvement reserve fund.5 cents per $1,000 of taxable value each year to be levied for the fund for the purpose of accumulating moneys for the financing of specified capital improvements, or carrying out a specific capital improvement plan.7. The question of the establishment of a capital improvements reserve fund, the time period during which a levy will be made for the fund, and the tax rate to be levied for the fund is subject to approval by the voters, and may be submitted at any general election upon the board’s motion, or shall be submitted at the next general election upon receipt of a valid petition.

House subcommittee · named February 14, 2022

• Rep. Jon Dunwell (R)
• Rep. Skyler Wheeler (R) · skyler.wheeler@legis.iowa.gov
• Rep. Cindy Winckler (D) · cindy.winckler@legis.iowa.gov

Lobbying · 5 for, 1 against

For: Iowa State Association of Counties; Iowa State Association of County Supervisors; Linn County Board of Supervisors; Metropolitan Coalition; Urban County Coalition

Against: Iowa Farm Bureau Federation

In plain words

1. February 14, 2022Filed in the House and sent to the Local Government committee
2. February 14, 2022House subcommittee named: Dunwell, Wheeler and Winckler
3. February 16, 2022Subcommittee recommended against it