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

SSB 1007: SSB 1007

Became SF 150 · Its progress continues under the new number.

What it does

This bill creates an exception to the real estate transfer tax for deeds that transfer distributions of assets to beneficiaries of a trust. By operation of law, a declaration of value is not required to be submitted to the county recorder for such transfers under Code sections 428A.1(2) and 428A.4(2).

Sponsors

Not listed

Cost

No fiscal note

Senate subcommittee · named January 10, 2023

  • Sen. David D. Rowley (R) · david.rowley@legis.iowa.gov
  • Sen. Jeff Taylor (R) · jeff.taylor@legis.iowa.gov
  • Sen. Janice Weiner (D) · janice.weiner@legis.iowa.gov

Lobbying · 4 for, 0 against

For: Home Builders Association of Iowa; Iowa Association of Realtors; Iowa State Bar Association; Iowa Trust Association

In plain words

  1. January 10, 2023Filed in the Senate and sent to the Judiciary committee
  2. January 10, 2023Senate subcommittee named: Rowley, Taylor, J. and Weiner
  3. January 17, 2023Subcommittee recommended passing it with changes
  4. January 26, 2023Approved by the Senate committee, and given a new number: SF 150

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/SSB1007