Iowa legislation · 91st General Assembly
Iowa SF2124: A BILL FOR An Act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions
Status: In committee, January 29, 2026
An Act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions.
What the bill says
A bill FOR An Act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions.
From the introduced text, January 27, 2026:
A BILL FOR An Act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 6636XS (1) ms/md S.F. 2124 Section 1. Section 425.15, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 1A. a. For homestead credits allowed against property taxes due and payable in the fiscal year beginning July 1, 2027, if the owner of a homestead allowed a credit under this subchapter does not meet the criteria of subsection 1 and is any of the following, the amount of the credit allowed on the homestead from the homestead credit fund shall be the greater of the amount of the credit authorized under section 425.1, subsection 2, or an amount equal to a percentage of the entire amount of the tax levied on the homestead that is equivalent to the owner's permanent service-connected disability rating percentage: (1) A veteran as defined in section 35.1 with a permanent service-connected disability rating that is less than one hundred percent but equal to or greater than seventy percent, as certified by the United States department of veterans affairs. (2) A former member of the national guard of any state who otherwise meets the service requirements of section 35.1, subsection …
Sponsors
- Sandy Salmon (R, 29) · primary sponsor
Latest actions
- : Subcommittee: Salmon, Townsend, and Warme. S.J. 171 .
- : Introduced, referred to Veterans Affairs. S.J. 144 .
Subjects: tax exemptions, national guard, disabilities, homesteads, tax credits, CIVIL COMMITMENTS, homestead credits, property taxes
Common questions
- What is SF2124?
- SF2124 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions.
- What does SF2124 do?
- In its own words: A bill FOR An Act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions.
- What is the status of SF2124?
- In committee as of January 29, 2026. Latest action: Subcommittee: Salmon, Townsend, and Warme. S.J. 171 . (January 29, 2026).
- Who sponsored SF2124?
- Sandy Salmon (R, 29).
- Where is the official record for SF2124?
- On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=SF+2124&ga=91
Source: official Iowa record. Tracked by Delilah, AI for legislation across all 50 states and Congress.