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Bills › 91st General Assembly

SF 436Died when the session ended · February 25, 2025

Removing the maximum annual amount of real estate transfer tax receipts that may be transferred into the housing trust fund

Sponsored by Sen. Molly Donahue (D), Sen. William A. Dotzler Jr. (D), Sen. Janet Petersen (D), Sen. Herman C. Quirmbach (D), Sen. Art Staed (D), Sen. Thomas Townsend (D), Sen. Janice Weiner (D), Sen. Cindy Winckler (D)

Topics:Housing & propertyTaxes

Same legislation: HF 171

Write your legislators about it

Also covers HF 171.

Official bill pageLobbyist declarationsOne-pager to print

Where it is now

  1. Done: IntroducedJanuary 30, 2025
  2. Done: SubcommitteeMarch 3, 2025
  3. Stopped: Senate committeeDied when the General Assembly ended
  4. Next: Passes the Senate
  5. Next: House committeeFunnel: by March 20, 2026
  6. Next: Passes the House
  7. Next: To the Governor
  8. Next: Signed into law

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’s a funnel?

What’s in it

AI summary Iowa currently limits the amount of money from real estate transfer taxes that goes into the housing trust fund to $7 million each year. This bill removes that limit so more money can be used to build and protect affordable housing for low-income people. It also removes old language from the law that is no longer needed.1

Read the official explanation

The housing trust fund (HTF) was established for the development and preservation of affordable housing for low-income people in the state and for the Iowa mortgage help initiative.25 percent of the RETT receipts in the county general fund. Of the RETT receipts transferred to DOR, DOR transfers percent to the state general fund, percent to the HTF, and percent to the shelter assistance fund. Currently, DOR may deposit a maximum of $7 million of RETT receipts into the HTF per year. Any amounts in excess of $7 million are deposited into the state general fund. This bill removes the $7 million annual maximum that may be deposited into the HTF.8(2).

Full bill text2

Senate subcommittee

Named March 3, 2025. It hasn’t reported yet.

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.8

How the Code works3

Lobbying

15 for · 0 against · 8 undecided · Who →

Family tree

Tried before

HF 2634Passed a chamber90th GAHF 2188Renumbered90th GA

91st General Assembly

HF 171Cleared committeeHouse companionSF 436Cleared committeeSenate companion

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None became law, though one got through a chamber.

  • HF 2634 Removing the maximum annual amount of real estate transfer tax receipts that may be transf…
    90th General Assembly · Passed House · same title
    Passed a chamber
  • HF 2188 Removing the maximum annual amount of real estate transfer tax receipts that may be transf…
    90th General Assembly · Renumbered as HF 2634 · nearly identical
    Cleared committee

Matched by wording or an identical title.