Bills › 91st General Assembly
Establishing a partial exemption on property taxes for certain residential properties sold in disaster areas
Sponsored by Rep. Sean Bagniewski (D), Rep. David L. Blom (R), Rep. Daniel Gosa (D), Rep. Craig P. Johnson (R), Rep. Megan Jones (R), Rep. Elinor A. Levin (D), Rep. David Sieck (R), Rep. Brent Siegrist (R), Rep. Aime Wichtendahl (D), Rep. Craig Steven Williams (R), Rep. Devon Wood (R)
Topics:TaxesProperty taxes
Where it is now
- Done: IntroducedFebruary 6, 2026
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committeeFunnel: by February 20, 2026
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
A residential property sold by the United States department of housing and urban development (HUD) to an owner who is receiving the homestead tax credit on the residential property 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 percent exemption on the actual value in the first assessment year, a percent in the second year, a percent in the third year, a percent in the fourth year, and the exemption expires in the fifth year.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
Iowa Code it changes
Amends§427.1
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
1 for · 0 against · 5 undecided · Who →
Similar bills
- HF 565 Establishing a partial exemption on property taxes for certain residential properties sold…91st General Assembly · Renumbered as HF 1013Nearly identical
- HSB 271 Establishing a partial exemption on property taxes for certain residential properties sold…91st General Assembly · Subcommittee recommends passageNearly identical
Matched by the wording of each bill’s explanation, or an identical title. Companion bills and renumbered versions of this bill aren’t listed; they’re the same bill.