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

HSB 307: Relating to the assessment of certain development property, and including effective date and retroactive applicability provisions

Died when the session ended · The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.

What it does

_____ housing shall continue to be assessed for taxation in the manner that it was prior to the acquisition for housing until the lot is sold for construction or occupancy of housing or five years from the date of subdivision, whichever is shorter.1 also authorizes time extensions of certain ordinances that affect the assessment of property subdivided for development of housing and authorizes the time extensions of certain ordinances by counties and by cities in the portion of the applicable area located in the incorporated area of the city.

Cost

No fiscal note

House subcommittee · named March 6, 2025

Rep. Carter F. Nordman (R) · carter.nordman@legis.iowa.gov
Rep. Larry McBurney (D) · larry.mcburney@legis.iowa.gov
Rep. David E. Young (R) · david.young@legis.iowa.gov

Lobbying · 4 for, 0 against

For: Hubbell Realty Company; Iowa Housing Partnership; Iowa Real Estate Developers Association; Quad Cities Chamber of Commerce

In plain words

March 6, 2025Filed in the House and sent to the Ways and Means committee
March 6, 2025House subcommittee named: Nordman, McBurney and Young
March 18, 2025Subcommittee recommended passing it