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

SF 29: Relating to property tax exemptions by changing the homestead tax exemption to a credit for owners attaining sixty-five years of age and increasing the military service tax exemption, and including effective date and retroactive applicability provisions

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

What it does

This bill relates to property tax exemptions by changing the homestead tax exemption for certain elderly persons to a credit for owners attaining years of age and increasing the military service tax exemption. DIVISION I —— HOMESTEAD TAX CREDIT FOR ELDERLY OWNERS.1A, the homestead tax exemption for owners attaining years of age shall not exceed $6,500 of taxable value.23. eligible homestead. The bill makes conforming changes to the additional credit in Code chapter 425, subchapter II. The division takes effect upon enactment and applies retroactively to assessment years beginning on or after January 1, 2025.

Sponsors

Sen. Charlie McClintock (R)

Cost

No fiscal note

Senate subcommittee · named January 22, 2025

  • Sen. David D. Rowley (R) · david.rowley@legis.iowa.gov
  • Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
  • Sen. Herman C. Quirmbach (D) · herman.quirmbach@legis.iowa.gov

Lobbying · 2 for, 0 against

For: AARP Iowa; VALOR Iowa

In plain words

  1. January 14, 2025Filed in the Senate and sent to the Ways and Means committee
  2. January 22, 2025Senate subcommittee named: Rowley, Dawson and Quirmbach

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/SF29