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

SSB 3207: SSB 3207

Became SF 2442 · Its progress continues under the new number.

What it does

This bill modifies the individual and alternate income tax rates, withholding credits, franchise tax deductions, adjustments to city and county tax levy rates, and property tax assessment limitations and procedures, changes methods of determining compensation of county officials, makes contingent transfers from the taxpayer relief fund, and makes corrections. _____ DIVISION I —— INDIVIDUAL AND ALTERNATE INCOME TAX RATES BEGINNING IN TAX YEAR 2025.80 percent.30 percent.5(2) and (3), and is used to calculate income tax owed.

Sponsors

Not listed

Cost

See the fiscal note

Division V is not expected to have a fiscal impact. Division VI — County and City Tax Levy Rate Adjustments Description and Background Division VI makes changes to the limits on county and city property tax rates established in 2023 Iowa Acts, House File 718.

Senate subcommittee · named April 17, 2024

  • Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
  • Sen. Pam Jochum (D)
  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov

Lobbying · 4 for, 2 against

For: Americans For Prosperity; Iowa State Treasurer's Office; Iowa Taxpayers Association; TC Energy

Against: Interfaith Alliance of Iowa Action Fund; Iowa State Education Association

In plain words

  1. April 17, 2024Filed in the Senate and sent to the Ways and Means committee
  2. April 17, 2024Senate subcommittee named: Dawson, Jochum and Schultz
  3. April 18, 2024Subcommittee recommended passing it
  4. April 18, 2024Approved by the Senate committee, and given a new number: SF 2442

From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/SSB3207