HSB 238: Relating to the assessment of property containing certain aboveground storage tanks and including effective date and retroactive applicability provisions

What it does

1 specifies that for the purposes of property taxation only, certain property shall be assessed and taxed, unless otherwise qualified for exemption, as real property, including buildings, structures, or improvements, any of which are constructed on or in the land, attached to the land, or placed upon a foundation whether or not attached to the foundation. However, property is not “attached” if it is a kind of property which would ordinarily be removed when the owner of the property moves to another location.

House subcommittee · named February 20, 2025

• Rep. Michael V. Sexton (R)
• Rep. Chad Behn (R) · chad.behn@legis.iowa.gov
• Rep. Aime Wichtendahl (D) · aime.wichtendahl@legis.iowa.gov

Lobbying · 7 for, 0 against

For: Agribusiness Association of Iowa; American Petroleum Institute; FUELIowa (PMCI); Iowa Department of Agriculture & Land Stewardship; Iowa Institute for Cooperatives; Iowa Propane Gas Association; Petroleum Marketers Management Insurance Company (PMMIC)

In plain words

1. February 20, 2025Filed in the House and sent to the Ways and Means committee
2. February 20, 2025House subcommittee named: Sexton, Behn and Wichtendahl
3. March 12, 2025Subcommittee recommended passing it
4. May 12, 2025Approved by the House committee
5. May 12, 2025Committee vote: 15–7
6. May 13, 2025Approved by the House committee, and given a new number: HF 1050