Bills › 91st General Assembly
Relating to Iowa’s urban renewal law and urban revitalization law, by establishing provisions governing certain property used for gaming, and including effective date and applicability provisions
Where it is now
- Done: IntroducedFebruary 19, 2025
- Done: SubcommitteeFebruary 19, 2025
- Done: Senate committeeMarch 3, 2025
- Skipped: Passes the SenateContinued as SF 511
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 511 → Its progress continues under the new number. Go to SF 511 What’s a funnel?
What’s in it
AI summary Starting in 2025, new gambling businesses cannot be part of urban renewal or revitalization plans. These businesses also cannot use tax increment financing to help pay for their projects. Any tax agreements for these properties must set a minimum value that is at least as much as the project cost reported to the state.1
Read the official explanation
This bill relates to Iowa’s urban renewal and urban revitalization laws. _____ a licensee operates. The bill specifies that a minimum assessment agreement in either an urban renewal or urban revitalization area involving property upon which a licensee, issued a license to conduct gambling games pursuant to Code chapter 99F on or after January 1, 2025, will operate shall establish the minimum actual value at an amount not less than the project cost presented to the state racing and gaming commission as part of the license approval. 19, property taxes levied against a property upon which a licensee, issued a license under Code chapter 99F on or after January 1, 2025, operates.19 applies to property taxes due and payable in fiscal years beginning on or after July 1, 2025.
Senate subcommittee
Named February 19, 2025. On February 20, 2025 it recommended passage.
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
2 written public comments to its subcommittee: February 20, 2025 (2) · on the Legislature’s site
Iowa Code it changes
Lobbying
0 for · 2 against · 12 undecided · Who →
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91st General Assembly