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

HSB 316: Placing assessment limitations for property tax purposes on commercial child care facilities, and including effective date, applicability, and retroactive applicability provisions

Became HF 991 · Its progress continues under the new number.

What it does

This bill relates to assessment limitations for property taxation purposes for commercial child care facilities, and includes effective date, applicability, and retroactive applicability provisions.21(5) determines the amount of actual value of commercial property that is subject to property tax. _____ to the portion of the property’s value that does not exceed $150,000 plus percent of the property’s value in excess of $150,000. The bill excludes property that is primarily used as a child care facility from the calculation of the actual value of the property.

Cost

See the fiscal note

House File 991 is estimated to reduce local property tax revenues and, by operation of the School Foundation Aid Formula, increase the total General Fund appropriation. 8 million in FY 2031. 40 of the levy rate applied to the reduced taxable property valuation…

House subcommittee · named March 12, 2025

Rep. Megan Jones (R) · megan.jones@legis.iowa.gov
Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
Rep. Lindsay James (D) · lindsay.james@legis.iowa.gov

Lobbying · 4 for, 0 against

For: Governor's Office; Iowa Association of Business and Industry (ABI); Iowa Chamber Alliance; Marshalltown Area Chamber of Commerce

In plain words

March 12, 2025Filed in the House and sent to the Ways and Means committee
March 12, 2025House subcommittee named: Jones, Bloomingdale and James
March 25, 2025Subcommittee recommended passing it
April 2, 2025Approved by the House committee
April 2, 2025Committee vote: 24–0
April 7, 2025Approved by the House committee, and given a new number: HF 991