Relating to real estate transfer tax, including declarations of value

Where it is now

1. ✓
   Done: IntroducedJanuary 14, 2026
2. ✓
   Done: SubcommitteeJanuary 14, 2026
3. ✓
   Done: Senate committeeFebruary 3, 2026
4. ✓
   Done: Passes the SenateApril 22, 202644–0
5. –
   Skipped: House committeeSkipped
6. ✓
   Done: Passes the HouseApril 6, 202691–0
7. ✓
   Done: To the GovernorMay 6, 2026
8. ✓
   Done: Signed into lawMay 15, 2026

HF 2749 became law → The same legislation passed as HF 2749, so this version was set aside. Go to HF 2749 What’s a funnel?

What’s in it

This bill relates to real estate transfer tax, including declarations of value.2. When a deed, instrument, or writing conveys real property, a declaration of value must be submitted to the county recorder. Under current law, a declaration of value is not required for certain instruments that are not subject to a real estate transfer tax. The bill expands the categories of instruments exempt from the declaration of value requirement to include the following: (1) instruments of transfer made or delivered as a result of a corporate or limited liability company merger, consolidation, or reorganization; (2) deeds between a family corporation, partnership, limited liability partnership, or limited liability company and its stockholders, partners, or members for the purpose of transferring real property in an incorporation or corporate dissolution or the organization or dissolution of a partnership, limited partnership, limited liability partnership, or limited liability company, when the deeds are given for no actual consideration other than shares or debt securities of the entity; and (3) deeds transferring distributions of trust assets to beneficiaries when conveyed without consideration.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Senate subcommittee

Named February 10, 2026. On March 4, 2026 it recommended passage.

• Sen. Mike Bousselot REmail
• Sen. Janet Petersen DEmail
• Sen. Jeff Reichman REmail

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§428A.1

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

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.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.