Relating to homestead tax credits for certain persons sixty-five years of age or older

Where it is now

1. ✓
   Done: IntroducedJanuary 10, 2024
2. ✓
   Done: SubcommitteeJanuary 24, 2024
3. ✕
   Stopped: House committeeDied when the General Assembly ended
4. Next: Passes the House
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill provides a homestead tax credit in an amount equal to the actual levy on the first $100,000 of actual value on an owner’s eligible homestead if the owner is years of age or older and either has less than $40,000 of household income if the owner is unmarried or $80,000 of household income if the owner is married. The bill defines “income” for the purposes of the homestead tax credit offered to persons years of age or older.

Full bill text¹

House subcommittee

Named January 24, 2024. On January 30, 2024 it recommended passage. Vote Total: 3-0.

• Rep. Megan Jones REmail
• Rep. Ken Croken DEmail
• Rep. John H. Wills REmail

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

How the Code works²