SF 20: Modifying provisions relating to the additional property tax credit for elderly persons and including applicability provisions

What it does

This bill modifies the eligibility for and the calculation of the amount of the property tax credit under Code chapter 425, subchapter II.23(1)(a), but not to exceed $1,000.23(1)(a) as if the claimant was an eligible claimant for a credit under that provision; and (2) the difference between the actual amount of property taxes due on the homestead during the applicable fiscal year minus the actual amount of property taxes due on the homestead based on a full assessment during the first fiscal year for which the claimant filed for a credit calculated under the Code chapter and if the claimant has filed for the credit for each of the subsequent fiscal years after the first credit claimed.

Senate subcommittee · named January 11, 2023

• Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
• Sen. Carrie Koelker (R) · carrie.koelker@legis.iowa.gov
• Sen. T. Taylor

Lobbying · 1 for, 0 against

For: Iowa State Bar Association

In plain words

1. January 9, 2023Filed in the Senate and sent to the Ways and Means committee
2. January 11, 2023Senate subcommittee named: Dawson, Koelker and T. Taylor