Bills › 91st General Assembly
Relating to the permissible uses of certain school district property tax revenue for urban renewal projects and including effective date provisions
Topics:K–12 educationCities & countiesTaxesProperty taxes
Same legislation: SF 2440
Where it is now
- Done: IntroducedFebruary 10, 2026
- Done: SubcommitteeFebruary 10, 2026
- Done: Senate committeeFebruary 19, 2026
- Skipped: Passes the SenateContinued as SF 2440
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2440 → Its progress continues under the new number. Go to SF 2440 What’s a funnel?
What’s in it
AI summary Cities cannot use certain school district tax money to help pay for new stadiums or sports arenas used by professional teams. This rule applies to any urban renewal projects approved on or after January 1, 2025. It ensures that these specific tax funds are not spent on the planning, building, or running of professional sports venues.1
Read the official explanation
Iowa’s urban renewal law under Code chapter 403 authorizes the division of revenue (tax increment financing). This bill provides that school district foundation property taxes levied under Code section 257.3 and deposited into a municipality’s special fund as the result of a division of revenue shall not be expended for or otherwise used in connection with an urban renewal project approved on or after January 1, 2025, that in whole or in part includes the planning, construction, or operation of a stadium or sports arena primarily intended for use by one or more professional sports teams. The bill takes effect upon enactment.
Senate subcommittee
Named February 10, 2026. On February 19, 2026 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
1 written public comment to its subcommittee: February 19, 2026 (1) · on the Legislature’s site
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91st General Assembly