HSB 224: HSB 224

What it does

This bill relates to property taxation for commercial child care centers and facilities.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 primarily used as a child care center or child care facility from that determination and instead specifies that for assessment years beginning on or after January 1, 2023, the amount of actual value of such properties that is subject to property tax and for which an application has been allowed is equal to the product of the assessment limitation percentage applicable to residential property multiplied by the actual value of the property.

House subcommittee · named March 3, 2023

• Rep. Barb Kniff McCulla (R) · barb.kniffmcculla@legis.iowa.gov
• Rep. Monica Kurth (D) · monica.kurth@legis.iowa.gov
• Rep. Phil Thompson (R)

Lobbying · 13 for, 0 against

For: Cedar Rapids Metro Economic Alliance; Dubuque Area Chamber of Commerce; Easterseals Iowa; Governor's Office; Greater Des Moines Partnership; Hills and Dales; Iowa Association of Business and Industry (ABI); Iowa Chamber Alliance; Link Associates; Marshalltown Area Chamber of Commerce; Professional Developers of Iowa (PDI); Systems Unlimited, Inc.; and 1 more

In plain words

1. March 3, 2023Filed in the House and sent to the Ways and Means committee
2. March 3, 2023House subcommittee named: Kniff McCulla, Kurth, Thompson and P
3. March 9, 2023Subcommittee recommended passing it
4. March 14, 2023Approved by the House committee
5. March 15, 2023Approved by the House committee, and given a new number: HF 668