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Bills › 91st General Assembly

HF 101Died when the session ended · January 22, 2025

Relating to the sale of bonds by limiting the amount offered for sale

Sponsored by Rep. Joshua Meggers (R)

Topics:State governmentTaxes

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Official bill pageLobbyist declarationsOne-pager to print

Where it is now

  1. Done: IntroducedJanuary 22, 2025
  2. Done: SubcommitteeJanuary 23, 2025
  3. Stopped: House committeeDied when the General Assembly ended
  4. Next: Passes the House
  5. Next: Senate committeeFunnel: by March 20, 2026
  6. Next: Passes the Senate
  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 If voters approve a project through a bond election after July 1, 2025, the amount of money borrowed through bonds cannot be more than 80 percent of the total cost. The rest of the project's funding must come from sources other than bonds. This rule limits how much debt a community can take on for certain projects.1

Read the official explanation

This bill relates to the sale of bonds by limiting the amount offered for sale for certain projects. Under the bill, for projects for which a proposition to issue bonds was approved at an election held after July 1, 2025, the total amount of bonds issued for the project under any provision of law shall not exceed an amount equal to 80 percent of the total cost of the project. The remaining costs of the project shall be funded from sources other than from the sale of bonds.

Why it matters. If voters approve a proposition to issue bonds for certain projects after July 1, 2025, the total amount of bonds issued for those projects cannot exceed a specific percentage of the total project cost. Any remaining costs for these projects must be funded through sources other than bond sales.2

Full bill text3

House subcommittee

Named January 23, 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

Creates§75.1A

How the Code works4

Lobbying

0 for · 5 against · 12 undecided · Who →

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