Modifying provisions governing the taxation of forest reservations and fruit-tree reservations, and including effective date and retroactive applicability provisions

Where it is now

Done: IntroducedJanuary 14, 2025
Done: SubcommitteeJanuary 22, 2025
Stopped: Senate committeeDied when the General Assembly ended
Next: Passes the Senate
Next: House committeeFunnel: by March 20, 2026
Next: Passes the House
Next: To the Governor
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 People who own forest or fruit-tree reservations can currently get a break on their property taxes. To keep this tax break, owners must also qualify for the homestead tax credit every year. This change applies to both new and existing tax exemptions starting in 2025.¹

Read the official explanation

This bill modifies provisions governing the taxation of forest reservations and fruit-tree reservations. Current Code chapter 427C authorizes a property tax exemption for certain forest reservations and fruit-tree reservations, if the owner meets certain criteria established by the natural resource commission to be a forest or fruit-tree reservation. In addition to meeting the criteria established by the natural resource commission to be a forest or fruit-tree reservation, the bill requires the owner to also be receiving the homestead tax credit under Code chapter 425 in each assessment year the forest or fruit-tree tax exemption is received by the owner. The bill takes effect upon enactment and applies retroactively to existing and new exemptions under Code chapter 427C for assessment years beginning on or after January 1, 2025.

Full bill text²

Senate subcommittee

Named March 17, 2025. On March 19, 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

Iowa Code it changes

Amends§427C.12 §427C.3

How the Code works³

Lobbying

2 for · 11 against · 7 undecided · Who →