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90th General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 2655: Placing assessment limitations for property tax purposes on commercial child care facilities, and including effective date, applicability, and retroactive applicability provisions

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 it does

This bill relates to assessment limitations for property taxation purposes for commercial child care facilities, and includes effective date, applicability, and retroactive applicability provisions.21(5) determines the amount of actual value of commercial property that is subject to property tax. The amount is the sum of the residential assessment limitation to the portion of the property’s value that does not exceed $150,000 plus percent of the property’s value in excess of $150,000. The bill excludes property that is primarily used as a child care facility from the calculation of the actual value of the property.

Sponsors

Ways and Means committee

Cost

See the fiscal note

House File 2655 is estimated to reduce local property tax revenues and, by operation of the School Foundation Aid Formula, increase the total General Fund appropriation. 3 million in FY 2030. 40 of the levy rate applied to the reduced taxable property valuatio…

Senate subcommittee · named March 25, 2024

  • Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov
  • Sen. Waylon Brown (R)
  • Sen. Janet Petersen (D) · janet.petersen@legis.iowa.gov

Lobbying · 9 for, 0 against

For: Cedar Rapids Metro Economic Alliance; Easterseals Iowa; Greater Des Moines Partnership; Iowa Association of Business and Industry (ABI); Iowa Business Council; Iowa Chamber Alliance; Marshalltown Area Chamber of Commerce; Professional Developers of Iowa (PDI); United Way of Central Iowa

In plain words

  1. February 22, 2024Filed in the House and sent to the Ways and Means committee · as HSB 726
  2. February 22, 2024House subcommittee named: Boden, Bloomingdale and Judge · as HSB 726
  3. February 29, 2024Subcommittee recommended passing it · as HSB 726
  4. March 6, 2024Approved by the House committee · as HSB 726
  5. March 7, 2024Filed in the House
  6. March 7, 2024Approved by the House committee, and given a new number: HF 2655 · as HSB 726
  7. March 13, 2024Cost estimate (fiscal note) posted
  8. March 19, 2024Passed the House, 94–1
  9. March 20, 2024Arrived in the Senate
  10. March 25, 2024Senate subcommittee named: Bousselot, Brown and Petersen

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/HF2655