91st General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 565: Establishing a partial exemption on property taxes for certain residential properties sold in disaster areas

Became HF 1013 · Its progress continues under the new number.

What it does

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.

Cost

See the fiscal note

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 av…

House subcommittee · named March 18, 2025

Rep. Megan Jones (R) · megan.jones@legis.iowa.gov
Rep. Brent Siegrist (R) · brent.siegrist@legis.iowa.gov
Rep. Aime Wichtendahl (D) · aime.wichtendahl@legis.iowa.gov

Lobbying · 1 for, 0 against

For: Iowa Association of Realtors

In plain words

February 24, 2025Filed in the House and sent to the Ways and Means committee
March 18, 2025House subcommittee named: Jones, Siegrist and Wichtendahl
March 25, 2025Subcommittee recommended passing it
April 9, 2025Approved by the House committee
April 9, 2025Committee vote: 24–0
April 14, 2025Approved by the House committee, and given a new number: HF 1013
May 9, 2025Withdrawn