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

HSB 726: HSB 726

Became HF 2655 · Its progress continues under the new number.

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. _____ 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.

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…

House subcommittee · named February 22, 2024

Rep. Brooke Boden (R) · brooke.boden@legis.iowa.gov
Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
Rep. Kenan Judge (D) · kenan.judge@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

February 22, 2024Filed in the House and sent to the Ways and Means committee
February 22, 2024House subcommittee named: Boden, Bloomingdale and Judge
February 29, 2024Subcommittee recommended passing it
March 6, 2024Approved by the House committee
March 7, 2024Approved by the House committee, and given a new number: HF 2655