Bills › 91st General Assembly
Relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions
Topics:TaxesVeterans & militaryProperty taxesTax credits & incentives
Where it is now
- Done: IntroducedFebruary 20, 2025
- Done: SubcommitteeFebruary 20, 2025
- Stopped: House committeeDied when the General Assembly ended
- 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
_____ rating of 100 percent or a permanent and total disability rating based on individual unemployability that is compensated at the 100 percent disability rate; (3) a former member of the national guard of any state who meets specified service requirements with a permanent service-connected disability rating of 100 percent or a permanent and total disability rating based on individual unemployability that is compensated at the 100 percent disability rate; or (4) an individual who is a surviving spouse or a child and who is receiving federal dependency and indemnity compensation.
Read the full explanation
15 that are phased in over a period of years based on the individual’s permanent service-connected disability rating. Under the bill, if the owner of a homestead does not meet the criteria under current law for a disabled veteran homestead tax credit, the amount of the credit allowed on the homestead is the greater of the amount of the regular homestead credit (an amount equal to the actual levy on the first $4,850 of actual value) or an amount equal to a percentage of the entire amount of the tax levied on the homestead that is equivalent to the owner’s service-connected disability rating percentage if the owner is either of the following: (1) a veteran with a permanent service-connected disability rating that is less than 100 percent but equal to or greater than the percentage applicable to the specific year of the phase in; or (2) a former member of the national guard of any state who meets specified service requirements with a permanent service-connected disability rating of less than 100 percent but equal to or greater than the percentage applicable to the specific year of the phase in.7(1), which requires the state to fund the cost of providing new property tax credits, shall not apply to the amount of the credit in excess of the amount paid by the state. The bill takes effect upon enactment and applies retroactively to homestead credit claims filed on or after January 1, 2025, for credits allowed against property taxes due and payable in fiscal years beginning on or after July 1, 2026.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
House subcommittee
Named February 20, 2025. On March 18, 2025 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Iowa Code it changes
Amends§425.15
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
0 for · 0 against · 4 undecided · Who →
Family tree
Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.
Tried before
Study bill
91st General Assembly
Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.
Tried before
This idea has been filed in 2 earlier General Assemblies. None got through a chamber.
- HF 163 Relating to the disabled veteran homestead tax credit and including effective date and ret…90th General Assembly · Subcommittee recommends passage · same titleCleared committee
- HF 37 Relating to the disabled veteran homestead tax credit and including effective date and ret…90th General Assembly · Renumbered as HF 163 · same titleCleared committee
- HF 79 Relating to the disabled veteran homestead tax credit and including effective date and ret…90th General Assembly · In committee · same titleCleared committee
- HF 2107 Relating to the disabled veteran homestead tax credit and including effective date and ret…89th General Assembly · Renumbered as HF 2287 · same titleCleared committee
- HF 2287 Relating to the disabled veteran homestead tax credit and including effective date and ret…89th General Assembly · Subcommittee recommends passage · same titleCleared committee
Similar bills this General Assembly
- SF 2124 Relating to the disabled veteran homestead tax credit and including effective date and ret…91st General Assembly · In committeeVery similar
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.