Sign in

Back to the bill

89th General Assembly · Iowa Funnel one-pager · Monday, November 9, 2026

HSB 724: HSB 724

Became HF 2552 · Its progress continues under the new number.

What it does

This bill relates to state and local finances and the duties and procedures of the department of revenue by providing for electronic filing, communications, and records, modifying transfer tax remittances, the assessment of property, the collection of debt, and the taxation of pass-through entities, reducing inheritance taxes for unknown heirs, and establishing salaries. DIVISION I —— RECORD RETENTION. Currently, the director of the department of revenue (DOR) may destroy useless records of any taxpayer filed with or kept by the department.

Sponsors

Not listed

Cost

See the fiscal note

0 million to be used to reimburse local governments for the tax reduction associated with the property tax exemption that replaces the BPTC.

House subcommittee · named February 16, 2022

  • Rep. Carter F. Nordman (R) · carter.nordman@legis.iowa.gov
  • Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
  • Rep. Cindy Winckler (D) · cindy.winckler@legis.iowa.gov

Lobbying · 2 for, 5 against

For: Department of Revenue; Iowans for Tax Relief

Against: City of Des Moines; City of West Des Moines; Grow Clinton County; Iowa League of Cities; Professional Developers of Iowa (PDI)

In plain words

  1. February 16, 2022Filed in the House and sent to the Ways and Means committee
  2. February 16, 2022House subcommittee named: Nordman, Bloomingdale and Winckler
  3. February 23, 2022Subcommittee recommended passing it
  4. March 8, 2022Approved by the House committee
  5. March 9, 2022Approved by the House committee, and given a new number: HF 2552

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/89/HSB724