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

HSB 271: Establishing a partial exemption on property taxes for certain residential properties sold in disaster areas

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

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 H.F. _____ 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.

Sponsors

Not listed

Cost

No fiscal note

House subcommittee · named February 27, 2025

  • Rep. Megan Jones (R) · megan.jones@legis.iowa.gov
  • Rep. Brent Siegrist (R) · brent.siegrist@legis.iowa.gov
  • Rep. Elizabeth Wilson (D) · elizabeth.wilson@legis.iowa.gov

In plain words

  1. February 27, 2025Filed in the House and sent to the Ways and Means committee
  2. February 27, 2025House subcommittee named: Jones, Siegrist and Wilson
  3. March 12, 2025Subcommittee recommended passing it

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/HSB271