Bills › 90th General Assembly
Where it is now
- Done: IntroducedJanuary 22, 2024
- Done: SubcommitteeFebruary 8, 2024
- Done: House committeeMarch 19, 2024
- Done: Passes the HouseMarch 28, 202451–43
- Done: Senate committeeApril 18, 2024
- Stopped: Passes the SenateDied when the General Assembly ended
- Next: To the Governor
- Next: Signed into law
Died when the session ended The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
Current Code chapter 427C authorizes a property tax exemption for certain forest reservations and fruit-tree reservations. This bill sets a new minimum required acreage for forest reservations and authorizes county boards of supervisors (boards) to determine whether the boards’ respective county permits forest and fruit-tree reservation tax exemptions. Under current law, a forest reservation must be not less than two acres in continuous area to receive an exemption. The bill increases this minimum size to five acres.
Read the full explanation
The bill allows a board to discontinue any exemptions for establishing a forest or fruit-tree reservation by ordinance. The bill removes all designations of areas within a county as a forest or fruit-tree reservation on January of the assessment year following the passage of an ordinance to discontinue the exemptions in the county. Any applications which have not yet been processed for a forest or fruit-tree reservation exemption upon January of the assessment year following the passage of an ordinance to discontinue the exemptions are disallowed. A board may reinstate forest and fruit-tree reservation exemptions by ordinance. An owner of an area previously designated as a forest or fruit-tree reservation must reapply in order to receive the exemption upon the passage of an ordinance reinstating the exemptions. The bill allows county assessors to assess land designated as a forest or fruit-tree reservation at the land’s fair market value as of January of any year in which the land no longer meets the requirements applicable to the type of exemption granted to the land. The bill makes conforming changes.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
Senate subcommittee
Named April 4, 2024. On April 9, 2024 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
Fiscal note
Can’t be estimated Compare with other bills
The fiscal impact is unknown; however, removing the existing forest and fruit-tree property tax exemptions could generate additional property tax dollars. 7 million of additional local tax revenue could be generated in FY 2027. 7 million decrease in the State appropriation for school aid. 0 million increase in local property tax revenue.
- Forest Reserve Program, County Participation · March 25, 2024
Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note
Iowa Code it changes
Creates§427C.14
Amends§427C.1§427C.12§427C.13§427C.2§427C.6§427C.7
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
6 for · 12 against · 12 undecided · Who →
Family tree
Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.
90th General Assembly
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