91st General Assembly · Funnel one-pager · Monday, November 9, 2026
HF 2745: Relating to state and local government taxes, budgets, and authority, by modifying provisions relating to the assessment and taxation of property, funding from the secure an advanced vision for education fund, urban renewal areas, establishing a program for certain first-time homebuyers, establishing a local government efficiency grant fund, making appropriations, and including effective date, applicability, and retroactive applicability provisions
Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.
What it does
This bill relates to state and local government taxes, budgets, and authority, by modifying provisions relating to the assessment and taxation of property, funding from the secure an advanced vision for education fund, urban renewal areas, establishing a program for certain first-time homebuyers, and establishing a local government efficiency grant fund. DIVISION I —— PROPERTY TAX REVENUE LIMITATIONS —— BOND REVENUE USE LIMITATIONS.35 provides that for governmental entity budgets certified for budget years beginning on or after July 1, 2027, proposed unassigned reserve funds identified within a governmental entity’s general fund shall not exceed an amount equal to percent of the budgeted expenditures from the governmental entity’s general fund for the prior fiscal year before any budgeted transfers from such general fund.
Sponsors
Ways and Means committee
Cost
See the fiscal note
The analysis of this Division models the fiscal impact of this Division in isolation and does not account for interactions or combined effects with other divisions of the Bill. Figure 1 displays the estimated reduction in property tax revenue to local governme…
House subcommittee · named January 21, 2026
- Rep. Carter F. Nordman (R) · carter.nordman@legis.iowa.gov
- Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
- Rep. Larry McBurney (D) · larry.mcburney@legis.iowa.gov
- Rep. Aime Wichtendahl (D) · aime.wichtendahl@legis.iowa.gov
- Rep. David E. Young (R) · david.young@legis.iowa.gov
Lobbying · 4 for, 1 against
For: Americans For Prosperity; Hy-Vee, Inc.; Iowa Association of Realtors; Iowa Manufactured Housing Association
Against: Iowa Commercial Real Estate Association (ICREA)
In plain words
- January 21, 2026Filed in the House and sent to the Ways and Means committee · as HSB 596
- January 21, 2026House subcommittee named: Nordman, Bloomingdale, McBurney, Wichtendahl and Young · as HSB 596
- January 29, 2026Subcommittee recommended passing it · as HSB 596
- March 18, 2026Approved by the House committee · as HSB 596
- March 18, 2026Committee vote: 19–6 · as HSB 596
- March 23, 2026Filed in the House
- March 23, 2026Approved by the House committee, and given a new number: HF 2745 · as HSB 596
- April 8, 2026Cost estimate (fiscal note) posted
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/91/HF2745