Modifying the general and rural county services levy rate limitation for fiscal years beginning on or after July 1, 2026

Where it is now

1. ✓
   Done: IntroducedFebruary 6, 2025
2. ✕
   Stopped: SubcommitteeDied when the General Assembly ended
3. Next: House committeeFunnel: by February 20, 2026
4. Next: Passes the House
5. Next: Senate committeeFunnel: by March 20, 2026
6. Next: Passes the Senate
7. Next: To the Governor
8. 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

This bill modifies the general and rural county services levy rate limitation for fiscal years beginning on or after July 1, 2026. Under the bill, the general county services levy rate may be increased if the total assessed value for the budget year is equal to or less than 101 percent of the total assessed value use to calculate taxes for the current fiscal year. The general county services rate may be increased up to a rate per $1,000 of assessed value that is equal to 1,000 multiplied by the quotient of 103 percent of the current fiscal year’s actual property tax dollars certified for levy divided by the total assessed value used to calculate such taxes for the budget 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§331.423

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works