Iowa legislation · 91st General Assembly
Iowa HF2223: A BILL FOR An Act relating to local and state government finances by modifying provisions relating to homestead property tax credits, providing a residential property tax rebate, modifying provisions relating to retirement systems, making appropriations, and including applicability provisions
Status: In committee, March 4, 2026
An Act relating to local and state government finances by modifying provisions relating to homestead property tax credits, providing a residential property tax rebate, modifying provisions relating to retirement systems, making appropriations, and including applicability provisions.
What the bill says
A bill FOR An Act relating to local and state government finances by modifying provisions relating to homestead property tax credits, providing a residential property tax rebate, modifying provisions relating to retirement systems, making appropriations, and including applicability provisions.
From the introduced text, January 30, 2026:
A BILL FOR An Act relating to local and state government finances by modifying provisions relating to homestead property tax credits, providing a residential property tax rebate, modifying provisions relating to retirement systems, making appropriations, and including applicability provisions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 5443YH (10) md/jh H.F. 2223 DIVISION I ADDITIONAL HOMESTEAD PROPERTY TAX CREDIT Section 1. Section 425.17, subsection 2, paragraph a, Code 2026, is amended by adding the following new subparagraph: NEW SUBPARAGRAPH. (4) A person filing a claim for credit under this subchapter who has attained the age of eighteen years on or before December 31 of the base year, is domiciled in this state at the time the claim is filed or at the time of the person's death in the case of a claim filed by the executor or administrator of the claimant's estate, and if the homestead's actual value did not increase for the applicable assessment year as the result of new construction, improvements, or renovations to the property, beyond necessary repairs. Sec. 2. Section 425.23, subsection 1, Code 2026, is amended by adding the following new paragraph: NEW PARAGRAPH. d. The tentative credit for a claimant described in section 425.17, subsection 2, paragraph "a", subparagraph (4), shall be the difference between the actual amount …