Proyectos de ley › 91.ª Asamblea General
Establishing a partial exemption on property taxes for certain residential properties sold in disaster areas
Presentado por el comité Ways and Means de la Cámara, Rep. Sean Bagniewski (D), Rep. Taylor R. Collins (R), Rep. Tom Determann (R), Rep. Daniel Gosa (D), Rep. Thomas M. Jeneary (R), Rep. Craig P. Johnson (R), Rep. Megan Jones (R), Rep. Elinor A. Levin (D), Rep. Norlin G. Mommsen (R), Rep. Thomas Jay Moore (R), Rep. Jeff Shipley (R), Rep. David Sieck (R), Rep. Brent Siegrist (R), Rep. Mark I. Thompson (R), Rep. Mike Vondran (R), Rep. Sam Wengryn (R)
Temas:Housing & propertyTaxesProperty taxes
La misma legislación: HF 565
Dónde está ahora
- Hecho: Presentado24 de febrero de 2025
- Hecho: Subcomité18 de marzo de 2025
- Hecho: Comité de la Cámara9 de abril de 2025
- Hecho: Lo aprueba la Cámara8 de mayo de 202579–5
- Se detuvo: Comité del SenadoMurió al terminar la Asamblea General
- Sigue: Lo aprueba el Senado
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2026 terminó el 3 de mayo de 2026, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA Las personas que compren una casa al gobierno federal para vivir en ella después de un desastre mayor podrían pagar impuestos sobre la propiedad mucho más bajos. Este beneficio fiscal dura cuatro años y disminuye lentamente cada año. Solo se aplica a las casas ubicadas en el área afectada por el desastre.1
Lea la explicación oficial (en inglés)
A residential property sold by the United States department of housing and urban development (HUD) to an owner who is occupying the residential property as a homestead shall be partially exempt from taxation if the sale was to provide housing to individuals following a major disaster or disaster emergency and the residential property was located in the major disaster or disaster emergency area. The exemption is for a four-year period beginning with the first full assessment year after the sale. This bill provides an 80 percent exemption on the actual value in the first assessment year, a 60 percent in the second year, a 40 percent in the third year, a 20 percent in the fourth year, and the exemption expires in the fifth year. The bill defines “owner” and “homestead”.
Por qué importa. Los propietarios de viviendas que compren una residencia del U.S. Department of Housing and Urban Development para vivir en ella como una vivienda principal después de un desastre mayor recibirán una exención parcial de los impuestos sobre la propiedad durante cuatro años. Una vivienda promedio que califique proporcionaría un ahorro de $6,532 al propietario durante esos cuatro años, lo que resultaría en una disminución proporcional de los ingresos para los gobiernos locales.2
Senate subcommittee
Named May 12, 2025. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Nota fiscal
Cost: up to $6,532 Compare con otros proyectos
Resumen con IA This bill provides a partial property tax exemption for homeowners who must replace a home destroyed by a natural disaster with a property purchased through the U.S. Department of Housing and Urban Development. An average qualifying home would provide a savings of $6,532 to the homeowner over four years, which would result in a proportional decrease in revenue for local governments. Because the number of eligible homeowners is unknown, the total cost to local governments cannot be estimated. (en inglés)4
Lea la nota fiscal (en inglés)
Description
House File 1013 establishes a partial property tax exemption for a property owner whose homestead was destroyed or rendered uninhabitable due to a natural disaster. The partial exemption applies to the owner’s replacement property for four consecutive assessment years following the disaster. The property must be purchased through the United States Department of Housing and Urban Development. The partial exemption is equal to the percent of actual value starting on the first full assessment year following the sale and expires in the fifth year.
Background
According to the Federal Emergency Management Agency (FEMA), Iowa has received over 25 federal disaster declarations since 2000. However, no centralized State source exists that tracks the number of residential properties destroyed or requiring permanent relocation annually due to disasters.
Assumptions
- The average assessed value of a single-family home in Iowa is estimated at $208,000.
- Residential properties are estimated to increase in assessed value by 2.3% per year.
- The residential assessment limitation for assessment year 2024 is 47.4316%.
- The average consolidated property tax rate is $32.3467 per $1,000 of taxable value.
- The exemption applies to one property per qualifying event for a four-year period.
Fiscal Impact
The number of homeowners that may be eligible for this exemption is unknown. The estimated impact of a single-family home in Iowa is shown in Figure 1. This represents a savings to homeowners and a proportional decrease in revenues for local governments. An average home in Iowa that qualifies for this program would receive an average total benefit of $6,532 over four years.
Figure 1 — Example CalculationYear 1 Year 2 Year 3 Year 4 80.0% 60.0% 40.0% 20.0%1 80.0% 208,000$ 98,658$ 3,191$ 2,553$ 2 60.0% 212,846 100,956 3,266 1,959 3 40.0% 217,742 103,278 3,341 1,336 4 20.0% 222,750 105,654 3,418 684
Partial
Exemption
Current
Law Taxes
Homeowner
Savings
Year
Post
Assessed
Value
Taxable
Value
Sources
- Legislative Services Agency calculations
- Department of Revenue
- Flood Relief Replacement Housing, Property Taxes · 17 de abril de 2025 · $6,532
Lo que cambia del Código de Iowa (Iowa Code)
Modifica§427.1
Cabildeo
1 a favor · 0 en contra · 13 indecisos · Quiénes →
Family tree
91st General Assembly
Similar bills
- HF 2341 Establishing a partial exemption on property taxes for certain residential properties sold…91st General Assembly · In committeeNearly identical
- HSB 271 Establishing a partial exemption on property taxes for certain residential properties sold…91st General Assembly · Subcommittee recommends passageNearly identical
Matched by wording or an identical title.