Bills › 89th General Assembly

Relating to the filing date and approval for disabled veteran homestead property tax credits and including effective date provisions

Topics:TaxesVeterans & militaryProperty taxesTax credits & incentives

Same legislation: SF 591

Where it is now

  1. Done: IntroducedFebruary 4, 2021
  2. Done: SubcommitteeFebruary 8, 2021
  3. Done: Senate committeeApril 5, 2021
  4. Skipped: Passes the SenateContinued as SF 591
  5. Next: House committee
  6. Next: Passes the House
  7. Next: To the Governor
  8. Next: Signed into law

Became SF 591 → Its progress continues under the new number. Go to SF 591 What’s a funnel?

What’s in it

AI summary Disabled veterans who apply for a homestead property tax credit would receive their benefits sooner. Instead of waiting until the next year, the credit would apply to their property tax payments immediately after their claim is approved.1

Read the official explanation

2 provides that a person who wishes to receive the homestead property tax credit must file the claim with the assessor not later than July of the assessment year for which the person is claiming the credit and a claim filed after July of the assessment year for which the person is claiming the credit shall be considered as a claim filed for the following year. Consequently, for example, a claim filed on July 1, 2021, would be allowed for the assessment year beginning January 1, 2021, for property taxes calculated using valuations from that assessment year that are due and payable during the fiscal year beginning July 1, 2022, and ending June 30, 2023. 15. For such a claimant, if approved by the board of supervisors, the credit shall be applicable immediately to property tax payments due and payable beginning with the fiscal year that the claim was filed and for which the person claiming the credit is responsible for payment on or after the date of filing. For example, a claim filed on July 1, 2021, would be allowed for property taxes that are due and payable during the fiscal year beginning July 1, 2021, and ending June 30, 2022. The bill takes effect upon enactment.

Full bill text2

Senate subcommittee

Named February 8, 2021. On March 23, 2021 it recommended passage.

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

Iowa Code it changes

Amends§425.1§425.2§425.3§425.4

How the Code works3

Lobbying

0 for · 0 against · 10 undecided · Who →

Family tree

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None got through a chamber.

  • HF 2099 Authorizing the abatement of property taxes owed on the homestead of a disabled veteran an…
    88th General Assembly · In committee · same title
    Cleared committee
  • SF 2309 Relating to veterans benefits by modifying provisions relating to veterans records and pro…
    88th General Assembly · Approved by committee · similar
    Cleared committee

Similar bills this General Assembly

  • SF 191 Relating to veterans benefits by modifying provisions relating to the filing date for the …
    89th General Assembly · In committee
    Very similar
  • HF 2076 Modifying provisions relating to the filing date for the disabled veteran homestead proper…
    89th General Assembly · In committee
    Very similar

Matched by wording or an identical title.