HF 142: Creating conservation area designations subject to modified property tax levy rates and eliminating the forest and fruit-tree reservation property tax exemption program

What it does

This bill creates conservation area designations and eliminates the forest and fruit-tree property tax exemption program. DIVISION I —— CONSERVATION AREAS. The bill establishes a conservation area designation, to be taxed at the following levy rates: for a commercial conservation area, $12 per acre; and for any other conservation area, $8 per acre. The bill specifies the revenue generated from the levies shall be apportioned by the county treasurer among the several taxing districts in which the area is located in proportion to each taxing district’s portion of the consolidated levy rate that would otherwise be applicable to the area but for the designation under the bill.

Lobbying · 2 for, 7 against

For: Iowa State Association of County Supervisors; VALOR Iowa

Against: Climate Land Leaders; Dubuque Area Land and Water Legacy; Dubuque Audubon Society; Iowa Chapter of Sierra Club; Linn County Board of Supervisors; Midwestern Trading, Inc.; Urban County Coalition

In plain words

1. January 27, 2025Filed in the House and sent to the Ways and Means committee