Iowa legislation · 91st General Assembly
Iowa HF2341: A BILL FOR An Act establishing a partial exemption on property taxes for certain residential properties sold in disaster areas
Status: In committee, February 6, 2026
An Act establishing a partial exemption on property taxes for certain residential properties sold in disaster areas.
What the bill says
A bill FOR An Act establishing a partial exemption on property taxes for certain residential properties sold in disaster areas.
From the introduced text, February 6, 2026:
A BILL FOR An Act establishing a partial exemption on property taxes for certain residential properties sold in disaster areas. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 6008YH (3) ms/md H.F. 2341 Section 1. Section 427.1, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 43. Residential property acquired from United States department of housing and urban development. A residential property sold by the United States department of housing and urban development to an owner who is receiving the homestead tax credit under section 425.1 on the residential property shall be partially exempt from taxation if the sale was to provide housing to individuals following a major disaster or disaster emergency and the residential property was located in the major disaster area declared by the president of the United States or the disaster emergency area for which the governor has proclaimed a state of disaster emergency. The exemption is for a period of four assessment years. The amount of the partial exemption is equal to a percent of the actual value, determined as follows: a. For the first full assessment year occurring after the sale, eighty percent. b. For the second full assessment year occurring after the sale, sixty percent. c. For the third full assessment year occurring after the sale, …
Sponsors
- David Sieck (R, 16) · primary sponsor
- Brent Siegrist (R, 19)
- Craig Williams (R, 11)
- Devon Wood (R, 17)
- Aime Wichtendahl (D, 80)
- Sean Bagniewski (D, 35)
- Craig Johnson (R, 67)
- Jones, Megan (R, 6)
- Daniel Gosa (D, 81)
- Elinor Levin (D, 89)
- David Blom (R, 52)
Latest actions
- : Introduced, referred to Ways and Means. H.J. 228 .
Subjects: floods, tax exemptions, residential property, Gary Smith, disasters, emergency management, homestead credits, relief
Common questions
- What is HF2341?
- HF2341 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act establishing a partial exemption on property taxes for certain residential properties sold in disaster areas.
- What does HF2341 do?
- In its own words: A bill FOR An Act establishing a partial exemption on property taxes for certain residential properties sold in disaster areas.
- What is the status of HF2341?
- In committee as of February 6, 2026. Latest action: Introduced, referred to Ways and Means. H.J. 228 . (February 6, 2026).
- Who sponsored HF2341?
- David Sieck (R, 16), with 10 co-sponsors.
- Where is the official record for HF2341?
- On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+2341&ga=91
Source: official Iowa record. Tracked by Delilah, AI for legislation across all 50 states and Congress.