Senate Amendment to House File 718 H-1339 Amend House File 718, as amended, passed, and reprinted by 1 the House, as follows: 2 1. By striking everything after the enacting clause and 3 inserting: 4 < DIVISION I 5 COUNTY PROPERTY TAXES AND BUDGETS 6 Section 1. Section 331.422, unnumbered paragraph 1, Code 7 2023, is amended to read as follows: 8 Subject to this section and sections 331.423 through 331.426 9 331.425 or as otherwise provided by state law, the board of 10 each county shall certify property taxes annually at its March 11 session to be levied for county purposes as follows: 12 Sec. 2. Section 331.423, Code 2023, is amended to read as 13 follows: 14 331.423 Basic levies —— maximums —— adjustments . 15 Annually, the board may certify basic levies, subject to the 16 following limits: 17 1. For general county services , on all taxable property in 18 the county: 19 a. For fiscal years beginning before July 1, 2024, three 20 dollars and fifty cents per thousand dollars of the assessed 21 value of all taxable property in the county . 22 b. (1) For each fiscal year beginning on or after July 1, 23 2024, but before July 1, 2028, subject to subparagraph (3), 24 the greater of three dollars and fifty cents per thousand 25 dollars of assessed value used to calculate taxes for general 26 county services for the budget year and the adjusted general 27 county basic levy rate, as adjusted under subparagraph (2), if 28 applicable. 29 (2) (a) If the total assessed value used to calculate 30 taxes for general county services under this paragraph for the 31 budget year exceeds one hundred three percent, but is less 32 than one hundred six percent, of the total assessed value 33 used to calculate taxes for general county services for the 34 current fiscal year, the adjusted general county basic levy 35 -1- HF 718.2144.S (1) 90 mb 1/ 74 #1.

rate, as previously adjusted under this subparagraph, if 1 applicable, shall be reduced to a rate per thousand dollars 2 of assessed value that is equal to one thousand multiplied 3 by the quotient of the current fiscal year’s actual property 4 tax dollars certified for levy under this subsection 1 divided 5 by one hundred two percent of the total assessed value used 6 to calculate such taxes for the current fiscal year. For 7 the budget year beginning July 1, 2024, only, the current 8 fiscal year’s actual property tax dollars certified for levy 9 under this subsection 1 shall also include property tax dollar 10 amounts levied for general county services by the county under 11 section 331.426, Code 2023, for the fiscal year beginning July 12 1, 2023. 13 (b) If the total assessed value used to calculate taxes 14 for general county services under this paragraph for the 15 budget year is equal to or exceeds one hundred six percent of 16 the total assessed value used to calculate taxes for general 17 county services for the current fiscal year, the adjusted 18 general county basic levy rate, as previously adjusted under 19 this subparagraph, if applicable, shall be reduced to a rate 20 per thousand dollars of assessed value that is equal to one 21 thousand multiplied by the quotient of the current fiscal 22 year’s actual property tax dollars certified for levy under 23 this subsection 1 divided by one hundred three percent of 24 the total assessed value used to calculate such taxes for 25 the current fiscal year. For the budget year beginning July 26 1, 2024, only, the current fiscal year’s actual property tax 27 dollars certified for levy under this subsection 1 shall also 28 include property tax dollar amounts levied for general county 29 services by the county under section 331.426, Code 2023, for 30 the fiscal year beginning July 1, 2023. 31 (3) (a) (i) In addition to the limitation under 32 subparagraph (2), if the county’s actual levy rate imposed 33 under this subsection 1 for the current fiscal year is three 34 dollars and fifty cents or less per thousand dollars of 35 -2- HF 718.2144.S (1) 90 mb 2/ 74

assessed value and the total assessed value used to calculate 1 taxes for general county services under this paragraph for the 2 budget year exceeds one hundred three percent, but is less than 3 one hundred six percent, of the total assessed value used to 4 calculate taxes for general county services for the current 5 fiscal year, the levy rate imposed under this subsection 1 for 6 the budget year shall not exceed a rate per thousand dollars 7 of assessed value that is equal to one thousand multiplied by 8 the quotient of the current fiscal year’s actual property tax 9 dollars certified for levy under this subsection 1 divided by 10 one hundred two percent of the total assessed value used to 11 calculate taxes for general county services for the current 12 fiscal year. 13 (ii) For the budget year beginning July 1, 2024, only, 14 the county’s actual levy rate imposed under this subsection 1 15 for the current fiscal year shall also include the amount per 16 thousand dollars of assessed value levied for general county 17 services by the county under section 331.426, Code 2023, for 18 the fiscal year beginning July 1, 2023, and the current fiscal 19 year’s actual property tax dollars certified for levy under 20 this subsection 1 shall also include amounts levied for general 21 county services by the county under section 331.426, Code 2023, 22 for the fiscal year beginning July 1, 2023. 23 (b) (i) In addition to the limitation under subparagraph 24 (2), if the county’s actual levy rate imposed under this 25 subsection 1 for the current fiscal year is three dollars and 26 fifty cents or less per thousand dollars of assessed value and 27 the total assessed value used to calculate taxes for general 28 county services under this paragraph for the budget year is 29 equal to or exceeds one hundred six percent of the total 30 assessed value used to calculate taxes for general county 31 services for the current fiscal year, the levy rate imposed 32 under this subsection 1 for the budget year shall not exceed a 33 rate per thousand dollars of assessed value that is equal to 34 one thousand multiplied by the quotient of the current fiscal 35 -3- HF 718.2144.S (1) 90 mb 3/ 74

year’s actual property tax dollars certified for levy under 1 this subsection 1 divided by one hundred three percent of the 2 total assessed value used to calculate taxes for general county 3 services for the current fiscal year. 4 (ii) For the budget year beginning July 1, 2024, only, 5 the county’s actual levy rate imposed under this subsection 1 6 for the current fiscal year shall also include the amount per 7 thousand dollars of assessed value levied for general county 8 services by the county under section 331.426, Code 2023, for 9 the fiscal year beginning July 1, 2023, and the current fiscal 10 year’s actual property tax dollars certified for levy under 11 this subsection 1 shall also include amounts levied for general 12 county services by the county under section 331.426, Code 2023, 13 for the fiscal year beginning July 1, 2023. 14 (4) Subject to adjustment under subparagraph (2), for 15 purposes of this paragraph, “adjusted general county basic 16 levy rate” means a levy rate per thousand dollars of assessed 17 value equal to the sum of three dollars and fifty cents plus 18 the amount per thousand dollars of assessed value levied for 19 general county services by the county under section 331.426, 20 Code 2023, for the fiscal year beginning July 1, 2023. 21 c. For each fiscal year beginning on or after July 1, 2028, 22 three dollars and fifty cents per thousand dollars of assessed 23 value. 24 2. For rural county services , on all taxable property in the 25 county outside of incorporated city areas: 26 a. For fiscal years beginning before July 1, 2024, three 27 dollars and ninety-five cents per thousand dollars of the 28 assessed value of taxable property in the county outside of 29 incorporated city areas . 30 b. (1) For each fiscal year beginning on or after July 1, 31 2024, but before July 1, 2028, subject to subparagraph (3), the 32 greater of three dollars and ninety-five cents per thousand 33 dollars of assessed value used to calculate taxes for rural 34 county services for the budget year and the adjusted rural 35 -4- HF 718.2144.S (1) 90 mb 4/ 74

county basic levy rate, as adjusted under subparagraph (2), if 1 applicable. 2 (2) (a) If the total assessed value used to calculate 3 taxes for rural county services under this paragraph for the 4 budget year exceeds one hundred three percent, but is less 5 than one hundred six percent, of the total assessed value 6 used to calculate taxes for rural county services for the 7 current fiscal year, the adjusted rural county basic levy 8 rate, as previously adjusted under this subparagraph, if 9 applicable, shall be reduced to a rate per thousand dollars 10 of assessed value that is equal to one thousand multiplied 11 by the quotient of the current fiscal year’s actual property 12 tax dollars certified for levy under this subsection 2 divided 13 by one hundred two percent of the total assessed value used 14 to calculate such taxes for the current fiscal year. For 15 the budget year beginning July 1, 2024, only, the current 16 fiscal year’s actual property tax dollars certified for levy 17 under this subsection 2 shall also include property tax dollar 18 amounts levied for rural county services by the county under 19 section 331.426, Code 2023, for the fiscal year beginning July 20 1, 2023. 21 (b) If the total assessed value used to calculate taxes 22 for rural county services under this paragraph for the budget 23 year is equal to or exceeds one hundred six percent of the 24 total assessed value used to calculate taxes for rural county 25 services for the current fiscal year, the adjusted rural 26 county basic levy rate, as previously adjusted under this 27 subparagraph, if applicable, shall be reduced to a rate 28 per thousand dollars of assessed value that is equal to one 29 thousand multiplied by the quotient of the current fiscal 30 year’s actual property tax dollars certified for levy under 31 this subsection 2 divided by one hundred three percent of 32 the total assessed value used to calculate such taxes for 33 the current fiscal year. For the budget year beginning July 34 1, 2024, only, the current fiscal year’s actual property tax 35 -5- HF 718.2144.S (1) 90 mb 5/ 74

dollars certified for levy under this subsection 2 shall also 1 include property tax dollar amounts levied for rural county 2 services by the county under section 331.426, Code 2023, for 3 the fiscal year beginning July 1, 2023. 4 (3) (a) (i) In addition to the limitation under 5 subparagraph (2), if the county’s actual levy rate imposed 6 under this paragraph for the current fiscal year is three 7 dollars and ninety-five cents or less per thousand dollars of 8 assessed value and the total assessed value used to calculate 9 taxes for rural county services under this paragraph for the 10 budget year exceeds one hundred three percent, but is less 11 than one hundred six percent, of the total assessed value used 12 to calculate taxes for rural county services for the current 13 fiscal year, the levy rate imposed under this subsection 2 for 14 the budget year shall not exceed a rate per thousand dollars 15 of assessed value that is equal to one thousand multiplied by 16 the quotient of the current fiscal year’s actual property tax 17 dollars certified for levy under this subsection 2 divided by 18 one hundred two of the total assessed value used to calculate 19 taxes for rural county services for the current fiscal year. 20 (ii) For the budget year beginning July 1, 2024, only, 21 the county’s actual levy rate imposed under this subsection 22 2 for the current fiscal year shall also include the amount 23 per thousand dollars of assessed value levied for rural county 24 services by the county under section 331.426, Code 2023, for 25 the fiscal year beginning July 1, 2023, and the current fiscal 26 year’s actual property tax dollars certified for levy under 27 this subsection 2 shall also include amounts levied for rural 28 county services by the county under section 331.426, Code 2023, 29 for the fiscal year beginning July 1, 2023. 30 (b) (i) In addition to the limitation under subparagraph 31 (2), if the county’s actual levy rate imposed under this 32 subsection 2 for the current fiscal year is three dollars and 33 ninety-five cents or less per thousand dollars of assessed 34 value and the total assessed value used to calculate taxes 35 -6- HF 718.2144.S (1) 90 mb 6/ 74

for rural county services under this paragraph for the budget 1 year is equal to or exceeds one hundred six percent of the 2 total assessed value used to calculate taxes for rural county 3 services for the current fiscal year, the levy rate imposed 4 under this subsection 2 for the budget year shall not exceed 5 a rate per thousand dollars of assessed value that is equal 6 to one thousand multiplied by the quotient of the current 7 fiscal year’s actual property tax dollars certified for levy 8 under this subsection 2 divided by one hundred three of the 9 total assessed value used to calculate taxes for rural county 10 services for the current fiscal year. 11 (ii) For the budget year beginning July 1, 2024, only, 12 the county’s actual levy rate imposed under this subsection 13 2 for the current fiscal year shall also include the amount 14 per thousand dollars of assessed value levied for rural county 15 services by the county under section 331.426, Code 2023, for 16 the fiscal year beginning July 1, 2023, and the current fiscal 17 year’s actual property tax dollars certified for levy under 18 this subsection 2 shall also include amounts levied for rural 19 county services by the county under section 331.426, Code 2023, 20 for the fiscal year beginning July 1, 2023. 21 (4) Subject to adjustment under subparagraph (2), for 22 purposes of this paragraph, “adjusted rural county basic levy 23 rate” means a levy rate per thousand dollars of assessed value 24 equal to the sum of three dollars and ninety-five cents plus 25 the amount per thousand dollars of assessed value levied for 26 rural county services by the county under section 331.426, Code 27 2023, for the fiscal year beginning July 1, 2023. 28 c. For each fiscal year beginning on or after July 1, 2028, 29 three dollars and ninety-five cents per thousand dollars of 30 assessed value. 31 3. For purposes of this section: 32 a. “Budget year” is the fiscal year beginning during the 33 calendar year in which a budget is certified. 34 b. “Current fiscal year” is the fiscal year ending during 35 -7- HF 718.2144.S (1) 90 mb 7/ 74

the calendar year in which a budget for the budget year is 1 certified. 2 Sec. 3. Section 331.424, unnumbered paragraph 1, Code 2023, 3 is amended to read as follows: 4 To the extent that the basic levies under section 331.423 5 are insufficient to meet the county’s needs for the following 6 services, the board may certify supplemental levies as follows: 7 Sec. 4. Section 331.425, unnumbered paragraph 1, Code 2023, 8 is amended to read as follows: 9 The board may certify an addition to a levy in excess of the 10 amounts otherwise permitted under sections 331.423 , and 331.424 , 11 and 331.426 if the proposition to certify an addition to a levy 12 has been submitted at a special levy election and received a 13 favorable majority of the votes cast on the proposition. A 14 special levy election is subject to the following: 15 Sec. 5. Section 331.425, Code 2023, is amended by adding the 16 following new subsection: 17 NEW SUBSECTION . 6. a. If the addition to a levy approved 18 under this section is due to unusual circumstances resulting 19 from the following, the duration of such approval at election 20 shall not exceed the following period of years: 21 (1) Unusual problems relating to major new functions 22 required by state law, three years. 23 (2) Unusual need for a new program which will provide 24 substantial benefit to county residents, if the county 25 establishes the need and the amount of necessary increased 26 cost, one year. 27 b. For an election to approve an addition to a levy for a 28 reason specified in paragraph “a” or as the result of a natural 29 disaster, the ballot shall include a statement of the major 30 reasons for the difference between the proposed basic tax rate 31 and the maximum basic tax rate, including a description of the 32 major new functions required by state law and the specific 33 new costs to the county to implement the new functions, a 34 description of the new program that will provide substantial 35 -8- HF 718.2144.S (1) 90 mb 8/ 74

benefits to county residents and specific new costs to the 1 county for the program, or the conditions and damage resulting 2 from the natural disaster that the county must remedy. 3 Sec. 6. Section 331.434, unnumbered paragraph 1, Code 2023, 4 is amended to read as follows: 5 Annually, the board of each county, subject to section 6 331.403, subsection 4 , sections 331.423 through 331.426 7 331.425 , section 331.433A , and other applicable state law, 8 shall prepare and adopt a budget, certify taxes, and provide 9 appropriations as follows: 10 Sec. 7. Section 331.435, subsection 1, Code 2023, is amended 11 to read as follows: 12 1. The board may amend the adopted county budget, subject to 13 sections 331.423 through 331.426 331.425 and other applicable 14 state law, to permit increases in any class of proposed 15 expenditures contained in the budget summary published under 16 section 331.434, subsection 3 . 17 Sec. 8. Section 331.441, subsection 2, paragraph c, 18 subparagraph (11), Code 2023, is amended by striking the 19 subparagraph. 20 Sec. 9. REPEAL. Section 331.426, Code 2023, is repealed. 21 Sec. 10. APPLICABILITY. This division of this Act applies 22 to taxes and budgets for fiscal years beginning on or after 23 July 1, 2024. 24 DIVISION II 25 CITY PROPERTY TAXES AND BUDGETS 26 Sec. 11. Section 24.48, subsection 5, Code 2023, is amended 27 by adding the following new paragraph: 28 NEW PARAGRAPH . c. For budgets for fiscal years beginning on 29 or after July 1, 2024, if the political subdivision is a city, 30 a suspension of the statutory property tax levy limitations 31 under this section shall only be approved by the state appeal 32 board in the event of a natural disaster or under the reasons 33 specified in subsection 1, paragraph “c” or “f” . 34 Sec. 12. Section 28M.5, subsection 1, Code 2023, is amended 35 -9- HF 718.2144.S (1) 90 mb 9/ 74

to read as follows: 1 1. The commission, with the approval of the board of 2 supervisors of participating counties and the city council 3 of participating cities in the chapter 28E agreement, may 4 levy annually a tax not to exceed ninety-five cents per 5 thousand dollars of the assessed value of all taxable property 6 in a regional transit district to the extent provided in 7 this section . The chapter 28E agreement may authorize the 8 commission to levy the tax at different rates within the 9 participating cities and counties in amounts sufficient to meet 10 the revenue responsibilities of such cities and counties as 11 allocated in the budget adopted by the commission. However, 12 for a city participating in a regional transit district, the 13 total of all the tax levies imposed in the city pursuant 14 to section 384.12, subsection 10 1 , and this section shall 15 not exceed the aggregate of ninety-five cents per thousand 16 dollars of the assessed value of all taxable property in the 17 participating city. 18 Sec. 13. Section 37.8, Code 2023, is amended to read as 19 follows: 20 37.8 Levy for Cost of development, operation, and 21 maintenance. 22 For the development, operation, and maintenance of a 23 building or monument constructed, purchased, or donated under 24 this chapter , a city may levy a tax not to exceed eighty-one 25 cents per thousand dollars of assessed value on all the taxable 26 property within the city, as provided in section 384.12, 27 subsection 2 utilize taxes levied under section 384.1 . 28 Sec. 14. Section 384.1, Code 2023, is amended to read as 29 follows: 30 384.1 Taxes certified. 31 1. A city may certify taxes to be levied by the county 32 on all taxable property within the city limits, for all city 33 government purposes. However, the 34 2. Notwithstanding subsection 3, the tax levied by a 35 -10- HF 718.2144.S (1) 90 mb 10/ 74

city on tracts of land and improvements thereon used and 1 assessed for agricultural or horticultural purposes, shall 2 not exceed three dollars and three-eighths cents per thousand 3 dollars of assessed value in any fiscal year. Improvements 4 located on such tracts of land and not used for agricultural 5 or horticultural purposes and all residential dwellings are 6 subject to the same rate of tax levied by the city on all other 7 taxable property within the city. A 8 3. a. For fiscal years beginning before July 1, 2024, a 9 city’s tax levy for the general fund shall not exceed eight 10 dollars and ten cents per thousand dollars of taxable assessed 11 value used to calculate taxes in any tax fiscal year, except 12 for the levies authorized in section 384.12 . 13 b. Subject to adjustment under paragraph “c” , subparagraph 14 (2), for purposes of this subsection, “adjusted city general 15 fund levy rate” means a levy rate per thousand dollars of 16 assessed value equal to the sum of eight dollars and ten cents 17 per thousand dollars of assessed value plus the sum of the 18 following for the city, as applicable: 19 (1) The amount per thousand dollars of assessed value levied 20 by or on behalf of the city under section 384.8, Code 2023, for 21 the fiscal year beginning July 1, 2023. 22 (2) The total amount per thousand dollars of assessed 23 value levied by or on behalf of the city under section 384.12, 24 subsections 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 12, 13, 15, 16, and 25 20, Code 2023, for the fiscal year beginning July 1, 2023. 26 (3) The amount per thousand dollars of assessed value levied 27 by the city under section 24.48, Code 2023, for the fiscal year 28 beginning July 1, 2023. 29 c. (1) For each fiscal year beginning on or after July 1, 30 2024, but before July 1, 2028, subject to subparagraph (3), 31 a city’s tax levy for the general fund, except for levies 32 authorized in section 384.12, shall not exceed in any tax year 33 the greater of eight dollars and ten cents per thousand dollars 34 of assessed value used to calculate taxes for the budget year 35 -11- HF 718.2144.S (1) 90 mb 11/ 74

and the adjusted city general fund levy rate, as adjusted under 1 subparagraph (2), if applicable. 2 (2) (a) If the total assessed value used to calculate taxes 3 under this paragraph for the budget year exceeds one hundred 4 three percent, but is less than one hundred six percent, 5 of the total assessed value used to calculate taxes under 6 this subsection for the current fiscal year, the adjusted 7 city general fund levy rate, as previously adjusted under 8 this subparagraph, if applicable, shall be reduced to a rate 9 per thousand dollars of assessed value that is equal to one 10 thousand multiplied by the quotient of the current fiscal 11 year’s actual property tax dollars certified for levy under 12 this subsection divided by one hundred two percent of the total 13 assessed value used to calculate such taxes for the current 14 fiscal year. For the budget year beginning July 1, 2024, only, 15 the current fiscal year’s actual property tax dollars certified 16 for levy under this subsection shall also include property 17 tax dollar amounts levied under the provisions specified in 18 paragraph “b” , subparagraphs (1), (2), and (3). 19 (b) If the total assessed value used to calculate taxes 20 under this paragraph for the budget year is equal to or exceeds 21 one hundred six percent of the total assessed value used to 22 calculate taxes under this subsection for the current fiscal 23 year, the adjusted city general fund levy rate, as previously 24 adjusted under this subparagraph, if applicable, shall be 25 reduced to a rate per thousand dollars of assessed value that 26 is equal to one thousand multiplied by the quotient of the 27 current fiscal year’s actual property tax dollars certified for 28 levy under this subsection divided by one hundred three percent 29 of the total assessed value used to calculate such taxes for 30 the current fiscal year. For the budget year beginning July 31 1, 2024, only, the current fiscal year’s actual property tax 32 dollars certified for levy under this subsection shall also 33 include property tax dollar amounts levied under the provisions 34 specified in paragraph “b” , subparagraphs (1), (2), and (3). 35 -12- HF 718.2144.S (1) 90 mb 12/ 74

(3) (a) (i) In addition to the limitation under 1 subparagraph (2), if the city’s actual levy rate imposed 2 under this subsection for the current fiscal year is eight 3 dollars and ten cents or less per thousand dollars of assessed 4 value and the total assessed value used to calculate taxes 5 under this paragraph for the budget year exceeds one hundred 6 three percent, but is less than one hundred six percent, of 7 the total assessed value used to calculate taxes under this 8 subsection for the current fiscal year, the levy rate imposed 9 under this paragraph for the budget year shall not exceed a 10 rate per thousand dollars of assessed value that is equal to 11 one thousand multiplied by the quotient of the current fiscal 12 year’s actual property tax dollars certified for levy under 13 this subsection divided by one hundred two percent of the total 14 assessed value used to calculate taxes under this subsection 15 for the current fiscal year. 16 (ii) For the budget year beginning July 1, 2024, only, the 17 city’s actual levy rate imposed under this subsection for the 18 current fiscal year shall also include the sum of the amounts 19 per thousand dollars of assessed value specified in paragraph 20 “b” , subparagraphs (1), (2), and (3), and the current fiscal 21 year’s actual property tax dollars certified for levy under 22 this subsection shall also include property tax dollar amounts 23 levied by the city under the provisions specified in paragraph 24 “b” , subparagraphs (1), (2), and (3). 25 (b) (i) In addition to the limitation under subparagraph 26 (2), if the city’s actual levy rate imposed under this 27 subsection for the current fiscal year is eight dollars and 28 ten cents or less per thousand dollars of assessed value 29 and the total assessed value used to calculate taxes under 30 this paragraph for the budget year is equal to or exceeds 31 one hundred six percent of the total assessed value used to 32 calculate taxes under this subsection for the current fiscal 33 year, the levy rate imposed under this paragraph for the budget 34 year shall not exceed a rate per thousand dollars of assessed 35 -13- HF 718.2144.S (1) 90 mb 13/ 74

value that is equal to one thousand multiplied by the quotient 1 of the current fiscal year’s actual property tax dollars 2 certified for levy under this subsection divided by one hundred 3 three percent of the total assessed value used to calculate 4 taxes under this subsection for the current fiscal year. 5 (ii) For the budget year beginning July 1, 2024, only, the 6 city’s actual levy rate imposed under this subsection for the 7 current fiscal year shall also include the sum of the amounts 8 per thousand dollars of assessed value specified in paragraph 9 “b” , subparagraphs (1), (2), and (3), and the current fiscal 10 year’s actual property tax dollars certified for levy under 11 this subsection shall also include property tax dollar amounts 12 levied by the city under the provisions specified in paragraph 13 “b” , subparagraphs (1), (2), and (3). 14 d. For each fiscal year beginning on or after July 1, 2028, 15 a city’s tax levy rate for the general fund, except for levies 16 authorized in section 384.12, shall not exceed eight dollars 17 and ten cents per thousand dollars of assessed value used to 18 calculate taxes in any fiscal year. 19 4. For purposes of this section: 20 a. “Budget year” is the fiscal year beginning during the 21 calendar year in which a budget is certified. 22 b. “Current fiscal year” is the fiscal year ending during 23 the calendar year in which a budget for the budget year is 24 certified. 25 Sec. 15. Section 384.12, Code 2023, is amended to read as 26 follows: 27 384.12 Additional taxes. 28 A city may certify, for the general fund levy, taxes which 29 are not subject to the limit provided in section 384.1 , and 30 which are in addition to any other moneys the city may wish to 31 spend for such purposes, as follows: 32 1. A tax not to exceed thirteen and one-half cents 33 per thousand dollars of assessed value for the support of 34 instrumental or vocal musical groups, one or more organizations 35 -14- HF 718.2144.S (1) 90 mb 14/ 74

which have tax-exempt status under section 501(c)(3) of 1 the Internal Revenue Code and are organized and operated 2 exclusively for artistic and cultural purposes, or any of these 3 purposes, subject to the following: 4 a. Upon receipt of a petition valid under the provisions of 5 section 362.4 , the council shall submit to the voters at the 6 next regular city election the question of whether a tax shall 7 be levied. 8 b. If a majority approves the levy, it may be imposed. 9 c. The levy can be eliminated by the same procedure of 10 petition and election. 11 d. A tax authorized by an election held prior to the 12 effective date of the city code may be continued until 13 eliminated by the council, or by petition and election. 14 2. A tax not to exceed eighty-one cents per thousand dollars 15 of assessed value for development, operation, and maintenance 16 of a memorial building or monument, subject to the provisions 17 of subsection 1 . 18 3. A tax not to exceed thirteen and one-half cents per 19 thousand dollars of assessed value for support of a symphony 20 orchestra, subject to the provisions of subsection 1 . 21 4. A tax not to exceed twenty-seven cents per thousand 22 dollars of assessed value for the operation of cultural and 23 scientific facilities, subject to the provisions of subsection 24 1 , except that the question may be submitted on the council’s 25 own motion. 26 5. A tax to aid in the construction of a county bridge, 27 subject to the provisions of subsection 1 , except that the 28 question must be submitted at a special election. The expense 29 of a special election under this subsection must be paid by the 30 county. The notice of the special election must include full 31 details of the proposal, including the location of the proposed 32 bridge, the rate of tax to be levied, and all other conditions. 33 6. A tax to aid a company incorporated under the laws of 34 this state in the construction of a highway or combination 35 -15- HF 718.2144.S (1) 90 mb 15/ 74

bridge across any navigable boundary river of this state, 1 commencing or terminating in the city and suitable for use 2 as highway, or for both highway and railway purposes. This 3 tax levy is subject to the provisions of subsections 1 and 5 . 4 The levy is limited to one dollar and thirty-five cents per 5 thousand dollars of the assessed value of taxable property in 6 the city. The estimated cost of the bridge must be at least 7 ten thousand dollars, and the city aid may not exceed one-half 8 of the estimated cost. The notice of the special election 9 must include the name of the corporation to be aided, and all 10 conditions required of the corporation. Tax moneys received 11 for this purpose may not be paid over by the county treasurer 12 until the city has filed a statement that the corporation has 13 complied with all conditions. 14 7. If a tax has been voted for aid of a bridge under 15 subsection 6 , a further tax may be voted for the purpose of 16 purchasing the bridge, subject to the provisions of subsection 17 1 . The levy under this subsection is limited to three dollars 18 and thirty-seven and one-half cents per thousand dollars of the 19 assessed value of the taxable property in the city, payable in 20 not less than ten annual installments. 21 8. A tax for the purpose of carrying out the terms of a 22 contract for the use of a bridge by a city situated on a river 23 over which a bridge has been built. The tax may not exceed 24 sixty-seven and one-half cents per thousand dollars of assessed 25 value each year. 26 9. A tax for aid to a public transportation company, 27 subject to the procedure provided in subsection 1 , except the 28 question must be submitted at a special election. The levy is 29 limited to three and three-eighths cents per thousand dollars 30 of assessed value. In addition to any other conditions the 31 following requirements must be met before moneys received for 32 this purpose may be paid over by the county treasurer: 33 a. The public transportation company shall provide the city 34 with copies of state and federal income tax returns for the 35 -16- HF 718.2144.S (1) 90 mb 16/ 74

five years preceding the year for which payment is contemplated 1 or for such lesser period of time as the company has been in 2 operation. 3 b. The city shall, in any given year, be authorized to pay 4 over only such sums as will yield not to exceed two percent 5 of the public transportation company’s investment as the same 6 is valued in its tax depreciation schedule, provided that 7 corporate profits and losses for the five preceding years or 8 for such lesser period of time as the company has been in 9 operation shall not average in excess of a two percent net 10 return. Taxes levied under this subsection may not be used to 11 subsidize losses incurred prior to the election required by 12 this subsection . 13 10. 1. A tax for the operation and maintenance of a 14 municipal transit system or for operation and maintenance of a 15 regional transit district, and for the creation of a reserve 16 fund for the system or district, in an amount not to exceed 17 ninety-five cents per thousand dollars of assessed value each 18 year, when the revenues from the transit system or district are 19 insufficient for such purposes. 20 11. If a city has entered into a lease of a building or 21 complex of buildings to be operated as a civic center, a tax 22 sufficient to pay the installments of rent and for maintenance, 23 insurance and taxes not included in the lease rental payments. 24 12. A tax not to exceed thirteen and one-half cents per 25 thousand dollars of assessed value each year for operating and 26 maintaining a civic center owned by a city. 27 13. A tax not to exceed six and three-fourths cents per 28 thousand dollars of assessed value for planning a sanitary 29 disposal project. 30 14. 2. A tax not to exceed twenty-seven cents per thousand 31 dollars of assessed value each year for an aviation authority 32 as provided in section 330A.15 . 33 15. A tax not to exceed six and three-fourths cents per 34 thousand dollars of assessed value each year for a levee 35 -17- HF 718.2144.S (1) 90 mb 17/ 74

improvement fund in special charter cities as provided in 1 section 420.155 . 2 16. A tax not to exceed twenty and one-half cents per 3 thousand dollars of assessed value each year to maintain an 4 institution received by gift or devise, subject to an election 5 as required under subsection 1 . 6 17. 3. A tax to pay the premium costs on tort liability 7 insurance, property insurance, and any other insurance that 8 may be necessary in the operation of the city, the costs of a 9 self-insurance program, the costs of a local government risk 10 pool and amounts payable under any insurance agreements to 11 provide or procure such insurance, self-insurance program, or 12 local government risk pool. 13 18. A tax to fund an emergency medical services district 14 under chapter 357G . 15 19. 4. A tax that exceeds any tax levy limit within this 16 chapter , provided the question has been submitted at a special 17 levy election and received a simple majority of the votes cast 18 on the proposition to authorize the enumerated levy limit to be 19 exceeded for the proposed budget year. 20 a. The election may be held as specified in this subsection 21 if notice is given by the city council, not later than 22 forty-six days before the first Tuesday in March, to the county 23 commissioner of elections that the election is to be held. 24 b. An election under this subsection shall be held on 25 the first Tuesday in March and be conducted by the county 26 commissioner of elections in accordance with the law. 27 c. The ballot question shall be in substantially the 28 following form: 29 WHICH TAX LEVY SHALL BE ADOPTED FOR THE CITY OF ........ ? 30 (Vote for only one of the following choices.) 31 CHANGE LEVY AMOUNT ... 32 Add to the existing levy amount a tax for the purpose of 33 .......... (state purpose of proposed levy) at a rate of ... 34 (rate) which will provide an additional $ .... (amount). 35 -18- HF 718.2144.S (1) 90 mb 18/ 74

KEEP CURRENT LEVY ... 1 Continue under the current maximum rate of ... , providing 2 $ .... (amount). 3 d. The commissioner of elections conducting the election 4 shall notify the city officials and other county auditors where 5 applicable, of the results within two days of the canvass which 6 shall be held on the second day that is not a holiday following 7 the special levy election, and beginning no earlier than 1:00 8 p.m. on that day. 9 e. Notice of the election shall be published twice in 10 accordance with the provisions of section 362.3 , except that 11 the first such notice shall be given at least two weeks before 12 the election. 13 f. The cost of the election shall be borne by the city. 14 g. The election provisions of this subsection shall 15 supersede other provisions for elections only to the extent 16 necessary to comply with the provisions of this subsection . 17 h. The provisions of this subsection apply to all cities, 18 however organized, including special charter cities which may 19 adopt ordinances where necessary to carry out these provisions. 20 i. The council shall certify the city’s budget with the tax 21 askings not exceeding the amount approved by the special levy 22 election. 23 20. A tax not to exceed twenty-seven cents per thousand 24 dollars of assessed value for support of a public library, 25 subject to petition and referendum requirements of subsection 26 1 , except that if a majority approves the levy, it shall be 27 imposed. 28 21. 5. A tax for the support of a local emergency 29 management commission established pursuant to chapter 29C . 30 Sec. 16. Section 384.24, subsection 4, paragraph i, Code 31 2023, is amended by striking the paragraph. 32 Sec. 17. Section 384.110, Code 2023, is amended to read as 33 follows: 34 384.110 Insurance, self-insurance, and risk pooling funds. 35 -19- HF 718.2144.S (1) 90 mb 19/ 74

A city may credit funds to a fund or funds for the purposes 1 authorized by section 364.4, subsection 5 ; section 384.12, 2 subsection 17 3 ; or section 384.24, subsection 3 , paragraph “s” . 3 Moneys credited to the fund or funds, and interest earned on 4 such moneys, shall remain in the fund or funds until expended 5 for purposes authorized by section 364.4, subsection 5 ; section 6 384.12, subsection 17 3 ; or section 384.24, subsection 3 , 7 paragraph “s” . 8 Sec. 18. REPEAL. Section 384.8, Code 2023, is repealed. 9 Sec. 19. APPLICABILITY. This division of this Act applies 10 to taxes and budgets for fiscal years beginning on or after 11 July 1, 2024. 12 DIVISION III 13 PUBLIC EDUCATION AND RECREATION TAX LEVY 14 Sec. 20. Section 300.2, Code 2023, is amended by adding the 15 following new subsection: 16 NEW SUBSECTION . 4. A levy under this chapter shall not be 17 approved by the voters on or after the effective date of this 18 division of this Act. 19 Sec. 21. EFFECTIVE DATE. This division of this Act, being 20 deemed of immediate importance, takes effect upon enactment. 21 DIVISION IV 22 COUNTY SHERIFF FEE REPORT 23 Sec. 22. Section 331.655, subsection 5, Code 2023, is 24 amended by striking the subsection. 25 DIVISION V 26 HOMESTEAD PROPERTY TAX CREDIT 27 Sec. 23. Section 2.48, subsection 3, paragraph f, 28 subparagraph (1), Code 2023, is amended to read as follows: 29 (1) The homestead tax exemption and credit under chapter 30 425 . 31 Sec. 24. Section 25B.7, subsection 2, paragraph a, Code 32 2023, is amended to read as follows: 33 a. Homestead tax credit pursuant to sections section 425.1 , 34 sections 425.2 through 425.13, and section 425.15 . 35 -20- HF 718.2144.S (1) 90 mb 20/ 74

Sec. 25. Section 103.22, subsection 7, Code 2023, is amended 1 to read as follows: 2 7. Prohibit an owner of property from performing work on the 3 owner’s principal residence, if such residence is an existing 4 dwelling rather than new construction and is not an apartment 5 that is attached to any other apartment or building, as those 6 terms are defined in section 499B.2 , and is not larger than a 7 single-family dwelling, or require such owner to be licensed 8 under this chapter . In order to qualify for inapplicability 9 pursuant to this subsection , a residence shall qualify for the 10 homestead tax exemption credit . 11 Sec. 26. Section 105.11, subsection 3, Code 2023, is amended 12 to read as follows: 13 3. Prohibit an owner of property from performing work on the 14 owner’s principal residence, if such residence is an existing 15 dwelling rather than new construction and is not larger than a 16 single-family dwelling, or farm property, excluding commercial 17 or industrial installations or installations in public use 18 buildings or facilities, or require such owner to be licensed 19 under this chapter . In order to qualify for inapplicability 20 pursuant to this subsection , a residence shall qualify for the 21 homestead tax exemption credit . 22 Sec. 27. Section 331.401, subsection 1, paragraphs e and f, 23 Code 2023, are amended to read as follows: 24 e. Adopt resolutions authorizing the county assessor 25 to provide forms for homestead tax exemption and credit 26 claimants as provided in section 425.2 and military service tax 27 exemptions as provided in section 426A.14 . 28 f. Examine and allow or disallow claims for homestead tax 29 exemption and credit in accordance with section 425.3 and 30 claims for military service tax exemption in accordance with 31 chapter 426A . The board, by a single resolution, may allow or 32 disallow the exemptions recommended by the assessor. 33 Sec. 28. Section 331.512, subsection 3, Code 2023, is 34 amended to read as follows: 35 -21- HF 718.2144.S (1) 90 mb 21/ 74

3. Carry out duties relating to the homestead tax exemption 1 and credit and agricultural land tax credit as provided in 2 chapters 425 and 426 . 3 Sec. 29. Section 331.559, subsection 12, Code 2023, is 4 amended to read as follows: 5 12. Carry out duties relating to the administration of 6 the homestead tax exemption and credit and other credits as 7 provided in sections 425.4 , 425.5 , 425.7 , 425.9 , 425.10 , and 8 425.25 . 9 Sec. 30. NEW SECTION . 425.1A Homestead tax exemption. 10 1. The following exemptions from taxation shall be allowed 11 in addition to the homestead credit for an owner that has 12 attained the age of sixty-five years by January 1 of the 13 assessment year: 14 a. For the assessment year beginning January 1, 2023, the 15 eligible homestead, not to exceed three thousand two hundred 16 fifty dollars in taxable value. 17 b. For the assessment year beginning January 1, 2024, and 18 each succeeding assessment year, the eligible homestead, not to 19 exceed six thousand five hundred dollars in taxable value. 20 2. Section 25B.7, subsection 1, shall not apply to the 21 property tax exemption provided in this section. 22 Sec. 31. Section 425.2, Code 2023, is amended by adding the 23 following new subsection: 24 NEW SUBSECTION . 3A. The form for claiming the credit shall 25 also include the ability to claim the exemption under section 26 425.1A for qualified owners. If the claim for the homestead 27 credit is allowed, such allowance shall also include allowance 28 of the homestead exemption if the owner meets the age criteria 29 for the exemption. The homestead exemption shall be allowed 30 for successive years without further filing in the same manner 31 as the homestead credit. 32 Sec. 32. Section 425.3, subsection 4, Code 2023, is amended 33 to read as follows: 34 4. The county auditor shall forward the claims to the board 35 -22- HF 718.2144.S (1) 90 mb 22/ 74

of supervisors. The board shall allow or disallow the claims. 1 If the board disallows a claim, it shall send written notice, 2 by mail, to the claimant at the claimant’s last known address. 3 The notice shall state the reasons for disallowing the claim 4 for the credit . The board is not required to send notice that 5 a claim is disallowed if the claimant voluntarily withdraws the 6 claim. 7 Sec. 33. Section 425.4, Code 2023, is amended to read as 8 follows: 9 425.4 Certification to treasurer. 10 All claims which have been allowed by the board of 11 supervisors shall be certified on or before August 1, in each 12 year, by the county auditor to the county treasurer, which 13 certificates shall list the total amount of dollars, listed by 14 taxing district in the county, due for homestead tax exemptions 15 and credits claimed and allowed. The county treasurer shall 16 forthwith then certify to the department of revenue the total 17 amount of dollars, listed by taxing district in the county, due 18 for homestead tax credits claimed and allowed. 19 Sec. 34. Section 425.6, Code 2023, is amended to read as 20 follows: 21 425.6 Waiver by neglect. 22 If a person fails to file a claim or to have a claim on file 23 with the assessor for the credits provided in this subchapter , 24 the person is deemed to have waived the homestead exemption 25 and credit for the year in which the person failed to file the 26 claim or to have a claim on file with the assessor. 27 Sec. 35. Section 425.7, subsection 3, Code 2023, is amended 28 to read as follows: 29 3. a. If the department of revenue determines that a claim 30 for homestead exemption and credit has been allowed by the 31 board of supervisors which is not justifiable under the law 32 and not substantiated by proper facts, the department may, at 33 any time within thirty-six months from July 1 of the year in 34 which the claim is allowed, set aside the allowance. Notice 35 -23- HF 718.2144.S (1) 90 mb 23/ 74

of the disallowance shall be given to the county auditor of 1 the county in which the claim has been improperly granted and 2 a written notice of the disallowance shall also be addressed 3 to the claimant at the claimant’s last known address. The 4 claimant or board of supervisors may appeal to the director 5 of revenue within thirty days from the date of the notice of 6 disallowance. The director shall grant a hearing and if, upon 7 the hearing, the director determines that the disallowance was 8 incorrect, the director shall set aside the disallowance. The 9 director shall notify the claimant and the board of supervisors 10 of the result of the hearing. The claimant or the board of 11 supervisors may seek judicial review of the action of the 12 director of revenue in accordance with chapter 17A . 13 b. If a claim is disallowed by the department of revenue 14 and not appealed to the director of revenue or appealed to 15 the director of revenue and thereafter upheld upon final 16 resolution, including any judicial review, any amounts of 17 exemptions allowed and credits allowed and paid from the 18 homestead credit fund including the penalty, if any, become a 19 lien upon the property on which the exemption or credit was 20 originally granted, if still in the hands of the claimant, 21 and not in the hands of a bona fide purchaser, and any amount 22 so erroneously paid including the penalty, if any, shall be 23 collected by the county treasurer in the same manner as other 24 taxes and the collections shall be returned to the department 25 of revenue and credited to the homestead credit fund. The 26 director of revenue may institute legal proceedings against a 27 homestead credit claimant for the collection of payments made 28 on disallowed credits and the penalty, if any. If a person 29 makes a false claim or affidavit with fraudulent intent to 30 obtain the homestead exemption or credit, the person is guilty 31 of a fraudulent practice and the claim shall be disallowed 32 in full. If the credit has been paid, the amount of the 33 credit plus a penalty equal to twenty-five percent of the 34 amount of credit plus interest, at the rate in effect under 35 -24- HF 718.2144.S (1) 90 mb 24/ 74

section 421.7 , from the time of payment shall be collected 1 by the county treasurer in the same manner as other property 2 taxes, penalty, and interest are collected and when collected 3 shall be paid to the director of revenue. If a homestead 4 exemption or credit is disallowed and the claimant failed to 5 give written notice to the assessor as required by section 6 425.2 when the property ceased to be used as a homestead by the 7 claimant, a civil penalty equal to five percent of the amount 8 of the disallowed exemption or credit is assessed against the 9 claimant. 10 Sec. 36. Section 425.9, subsections 2 and 3, Code 2023, are 11 amended to read as follows: 12 2. If any claim for exemption or credit made hereunder 13 has been denied by the board of supervisors, and such action 14 is subsequently reversed on appeal, the exemption or credit 15 shall be allowed on the homestead involved in said appeal, and 16 the director of revenue, the county auditor, and the county 17 treasurer shall make such exemption or credit and change their 18 books and records accordingly. 19 3. In the event the appealing taxpayer has paid one or both 20 of the installments of the tax payable in the year or years in 21 question on such homestead valuation, remittance shall be made 22 to such taxpayer of the amount of such credit or exemption . 23 Sec. 37. Section 425.10, Code 2023, is amended to read as 24 follows: 25 425.10 Reversal of allowed claim. 26 In the event any claim is allowed, and subsequently reversed 27 on appeal, any exemption and credit made under the claim shall 28 be void. The amount of the erroneous credit shall be charged 29 against the property in question, and the director of revenue, 30 the county auditor, and the county treasurer are authorized 31 and directed to correct their books and records accordingly. 32 The amount of the erroneous credit, when collected, shall 33 be returned by the county treasurer to the homestead credit 34 fund to be reallocated the following year as provided in this 35 -25- HF 718.2144.S (1) 90 mb 25/ 74

subchapter . Taxes due following reversal of a claim for an 1 exemption shall be collected by the county treasurer and 2 allocated to the appropriate taxing entities. 3 Sec. 38. Section 425.11, subsection 1, paragraph d, 4 subparagraph (3), Code 2023, is amended to read as follows: 5 (3) It must not embrace more than one dwelling house, but 6 where a homestead has more than one dwelling house situated 7 thereon, the exemption and credit provided for in this 8 subchapter shall apply to the home and buildings used by the 9 owner, but shall not apply to any other dwelling house and 10 buildings appurtenant. 11 Sec. 39. Section 425.11, subsection 1, paragraph e, Code 12 2023, is amended to read as follows: 13 e. “Owner” means the person who holds the fee simple 14 title to the homestead, and in addition shall mean the person 15 occupying as a surviving spouse or the person occupying under 16 a contract of purchase which contract has been recorded in 17 the office of the county recorder of the county in which the 18 property is located; or the person occupying the homestead 19 under devise or by operation of the inheritance laws where 20 the whole interest passes or where the divided interest is 21 shared only by persons related or formerly related to each 22 other by blood, marriage or adoption; or the person occupying 23 the homestead is a shareholder of a family farm corporation 24 that owns the property; or the person occupying the homestead 25 under a deed which conveys a divided interest where the divided 26 interest is shared only by persons related or formerly related 27 to each other by blood, marriage or adoption; or where the 28 person occupying the homestead holds a life estate with the 29 reversion interest held by a nonprofit corporation organized 30 under chapter 504 , provided that the holder of the life estate 31 is liable for and pays property tax on the homestead; or where 32 the person occupying the homestead holds an interest in a 33 horizontal property regime under chapter 499B , regardless 34 of whether the underlying land committed to the horizontal 35 -26- HF 718.2144.S (1) 90 mb 26/ 74

property regime is in fee or as a leasehold interest, provided 1 that the holder of the interest in the horizontal property 2 regime is liable for and pays property tax on the homestead; 3 or where the person occupying the homestead is a member of a 4 community land trust as defined in 42 U.S.C. §12773, regardless 5 of whether the underlying land is in fee or as a leasehold 6 interest, provided that the member of the community land trust 7 is occupying the homestead and is liable for and pays property 8 tax on the homestead. For the purpose of this subchapter , 9 the word “owner” shall be construed to mean a bona fide owner 10 and not one for the purpose only of availing the person of 11 the benefits of this subchapter . In order to qualify for the 12 homestead tax exemption and credit, evidence of ownership shall 13 be on file in the office of the clerk of the district court 14 or recorded in the office of the county recorder at the time 15 the owner files with the assessor a verified statement of the 16 homestead claimed by the owner as provided in section 425.2 . 17 Sec. 40. Section 425.12, Code 2023, is amended to read as 18 follows: 19 425.12 Indian land. 20 Each forty acres of land, or fraction thereof, occupied by 21 a member or members of the Sac and Fox Indians in Tama county, 22 which land is held in trust by the secretary of the interior of 23 the United States for said Indians, shall be given a homestead 24 tax exemption and credit within the meaning and under the 25 provisions of this subchapter . Application for such homestead 26 tax exemption and credit shall be made to the county auditor of 27 Tama county and may be made by a representative of the tribal 28 council. 29 Sec. 41. Section 425.13, Code 2023, is amended to read as 30 follows: 31 425.13 Conspiracy to defraud. 32 If any two or more persons conspire and confederate together 33 with fraudulent intent to obtain the exemption or credit 34 provided for under the terms of this subchapter by making a 35 -27- HF 718.2144.S (1) 90 mb 27/ 74

false deed, or a false contract of purchase, they are guilty of 1 a fraudulent practice. 2 Sec. 42. Section 425.16, subsection 1, Code 2023, is amended 3 to read as follows: 4 1. In addition to the homestead tax credit allowed under 5 section 425.1, subsections 1 through 4 , and the homestead 6 exemption under section 425.lA, if applicable, persons who 7 own or rent their homesteads and who meet the qualifications 8 provided in this subchapter are eligible for a property 9 tax credit for property taxes due or reimbursement of rent 10 constituting property taxes paid. 11 Sec. 43. Section 425.17, subsections 4 and 8, Code 2023, are 12 amended to read as follows: 13 4. “Homestead” means the dwelling owned or rented and 14 actually used as a home by the claimant during the period 15 specified in subsection 2 , and so much of the land surrounding 16 it including one or more contiguous lots or tracts of land, 17 as is reasonably necessary for use of the dwelling as a home, 18 and may consist of a part of a multidwelling or multipurpose 19 building and a part of the land upon which it is built. It 20 does not include personal property except that a manufactured 21 or mobile home may be a homestead. Any dwelling or a part of 22 a multidwelling or multipurpose building which is exempt from 23 taxation , except for an exemption under section 425.1A, does 24 not qualify as a homestead under this subchapter . However, 25 solely for purposes of claimants living in a property and 26 receiving reimbursement for rent constituting property taxes 27 paid immediately before the property becomes tax exempt, and 28 continuing to live in it after it becomes tax exempt, the 29 property shall continue to be classified as a homestead. 30 A homestead must be located in this state. When a person 31 is confined in a nursing home, extended-care facility, or 32 hospital, the person shall be considered as occupying or living 33 in the person’s homestead if the person is the owner of the 34 homestead and the person maintains the homestead and does not 35 -28- HF 718.2144.S (1) 90 mb 28/ 74

lease, rent, or otherwise receive profits from other persons 1 for the use of the homestead. 2 8. “Property taxes due” means property taxes including any 3 special assessments, but exclusive of delinquent interest and 4 charges for services, due on a claimant’s homestead in this 5 state, but includes only property taxes for which the claimant 6 is liable and which will actually be paid by the claimant. 7 However, if the claimant is a person whose property taxes have 8 been suspended under sections 427.8 and 427.9 , “property taxes 9 due” means property taxes including any special assessments, 10 but exclusive of delinquent interest and charges for services, 11 due on a claimant’s homestead in this state, but includes only 12 property taxes for which the claimant is liable and which 13 would have to be paid by the claimant if the payment of the 14 taxes has not been suspended pursuant to sections 427.8 and 15 427.9 . “Property taxes due” shall be computed with no deduction 16 for any credit under this subchapter or for any homestead 17 credit allowed under section 425.1 subchapter I . Each claim 18 shall be based upon the taxes due during the fiscal year next 19 following the base year. If a homestead is owned by two or 20 more persons as joint tenants or tenants in common, and one or 21 more persons are not members of claimant’s household, “property 22 taxes due” is that part of property taxes due on the homestead 23 which equals the ownership percentage of the claimant and the 24 claimant’s household. The county treasurer shall include with 25 the tax receipt a statement that if the owner of the property 26 is eighteen years of age or over, the person may be eligible 27 for the credit allowed under this subchapter . If a homestead 28 is an integral part of a farm, the claimant may use the total 29 property taxes due for the larger unit. If a homestead is an 30 integral part of a multidwelling or multipurpose building the 31 property taxes due for the purpose of this subsection shall be 32 prorated to reflect the portion which the value of the property 33 that the household occupies as its homestead is to the value 34 of the entire structure. For purposes of this subsection , 35 -29- HF 718.2144.S (1) 90 mb 29/ 74

“unit” refers to that parcel of property covered by a single tax 1 statement of which the homestead is a part. 2 Sec. 44. Section 435.26, subsection 1, paragraph a, Code 3 2023, is amended to read as follows: 4 a. A mobile home or manufactured home which is located 5 outside a manufactured home community or mobile home park shall 6 be converted to real estate by being placed on a permanent 7 foundation and shall be assessed for real estate taxes. A 8 home, after conversion to real estate, is eligible for the 9 homestead tax exemption and credit and the military service 10 tax exemption as provided in sections 425.2 and chapter 425, 11 subchapter I, and section 426A.11 . A taxable mobile home or 12 manufactured home which is located outside of a manufactured 13 home community or mobile home park as of January 1, 1995, is 14 also exempt from the permanent foundation requirements of this 15 chapter until the home is relocated. 16 Sec. 45. Section 435.26A, subsection 3, Code 2023, is 17 amended to read as follows: 18 3. After the surrender of a manufactured home’s certificate 19 of title under this section , the manufactured home shall 20 continue to be taxed under section 435.22 and is not eligible 21 for the homestead tax exemption and credit or the military 22 service tax exemption and credit . A foreclosure action on a 23 manufactured home whose title has been surrendered under this 24 section shall be conducted as a real estate foreclosure. A tax 25 lien and its priority shall remain the same on a manufactured 26 home after its certificate of title has been surrendered. 27 Sec. 46. Section 499A.14, Code 2023, is amended to read as 28 follows: 29 499A.14 Taxation. 30 The real estate shall be taxed in the name of the 31 cooperative, and each member of the cooperative shall pay 32 that member’s proportionate share of the tax in accordance 33 with the proration formula set forth in the bylaws, and each 34 member occupying an apartment as a residence shall receive 35 -30- HF 718.2144.S (1) 90 mb 30/ 74

that member’s proportionate homestead tax exemption and credit 1 and each veteran of the military services of the United States 2 identified as such under the laws of the state of Iowa or the 3 United States shall receive as a credit that member’s veterans 4 tax benefit as prescribed by the laws of the state of Iowa. 5 Sec. 47. EXISTING HOMESTEAD CLAIMS. Homestead credit 6 claims approved under chapter 425, subchapter I, prior to and 7 valid on the effective date of this division of this Act shall 8 result in a homestead exemption under chapter 425, subchapter 9 I, as enacted in this division of this Act, without further 10 filing by the claimant if the claimant meets the criteria for 11 the exemption and the assessor has appropriate information to 12 verify such eligibility. 13 Sec. 48. EFFECTIVE DATE. This division of this Act, being 14 deemed of immediate importance, takes effect upon enactment. 15 Sec. 49. RETROACTIVE APPLICABILITY. This division of this 16 Act applies retroactively to assessment years beginning on or 17 after January 1, 2023. 18 DIVISION VI 19 MILITARY SERVICE PROPERTY TAX EXEMPTION AND CREDIT 20 Sec. 50. Section 25B.7, subsection 2, paragraph c, Code 21 2023, is amended by striking the paragraph. 22 Sec. 51. Section 426A.1A, Code 2023, is amended to read as 23 follows: 24 426A.1A Appropriation. 25 There For each fiscal year beginning before July 1, 2024, 26 there is appropriated from the general fund of the state the 27 amounts necessary to fund the credits provided under this 28 chapter . 29 Sec. 52. Section 426A.2, Code 2023, is amended to read as 30 follows: 31 426A.2 Military service tax credit. 32 The For each fiscal year beginning before July 1, 2024, the 33 moneys appropriated under section 426A.1A shall be apportioned 34 each year so as to replace all or a portion of the tax which 35 -31- HF 718.2144.S (1) 90 mb 31/ 74

would be due on property eligible for military service tax 1 exemption in the state, if the property were subject to 2 taxation, the amount of the credit to be not more than six 3 dollars and ninety-two cents per thousand dollars of assessed 4 value of property which would be subject to the tax, except for 5 the military service tax exemption. 6 Sec. 53. Section 426A.11, subsections 1 and 2, Code 2023, 7 are amended to read as follows: 8 1. The property, not to exceed two thousand seven hundred 9 seventy-eight dollars in taxable value for assessment years 10 beginning before January 1, 2023 , of any veteran, as defined in 11 section 35.1 , of World War I. 12 2. a. The property, not to exceed one thousand eight 13 hundred fifty-two dollars in taxable value for assessment years 14 beginning before January 1, 2023 , of an honorably separated, 15 retired, furloughed to a reserve, placed on inactive status, 16 or discharged veteran, as defined in section 35.1, subsection 17 2 , paragraph “a” or “b” . 18 b. The property, not to exceed four thousand dollars in 19 taxable value for the assessment years beginning on or after 20 January 1, 2023, of an honorably separated, retired, furloughed 21 to a reserve, placed on inactive status, or discharged veteran, 22 as defined in section 35.1, subsection 2, paragraph “a” or “b” . 23 Sec. 54. IMPLEMENTATION. Section 25B.7, subsection 1, 24 shall not apply to the property tax exemption provided in this 25 Act. 26 Sec. 55. EFFECTIVE DATE. This division of this Act, being 27 deemed of immediate importance, takes effect upon enactment. 28 Sec. 56. RETROACTIVE APPLICABILITY. This division of this 29 Act applies retroactively to assessment years beginning on or 30 after January 1, 2023. 31 DIVISION VII 32 PROPERTY TAX BENEFITS AND INCENTIVES 33 Sec. 57. NEW SECTION . 404.3C Assessment agreements —— 34 commercial property. 35 -32- HF 718.2144.S (1) 90 mb 32/ 74

1. For revitalization areas established under this chapter 1 on or after the effective date of this division of this Act 2 and for first-year exemption applications for property located 3 in a revitalization area in existence on the effective date 4 of this division of this Act filed on or after the effective 5 date of this division of this Act, commercial property shall 6 not receive a tax exemption under this chapter unless the city 7 or county, as applicable, and the owner of the qualified real 8 estate enter into a written assessment agreement specifying a 9 minimum actual value until a specified termination date for the 10 duration of the exemption period. 11 2. a. The assessment agreement shall be presented to the 12 appropriate assessor. The assessor shall review the plans and 13 specifications for the improvements to be made to the property 14 and if the minimum actual value contained in the assessment 15 agreement appears to be reasonable, the assessor shall execute 16 the following certification upon the agreement: 17 The undersigned assessor, being legally responsible for the 18 assessment of the above described property upon completion of 19 the improvements to be made on it, certifies that the actual 20 value assigned to that land and improvements upon completion 21 shall not be less than $......... 22 b. The assessment agreement with the certification of 23 the assessor and a copy of this subsection shall be filed in 24 the office of the county recorder of the county where the 25 property is located. Upon completion of the improvements, 26 the assessor shall value the property as required by law, 27 except that the actual value shall not be less than the minimum 28 actual value contained in the assessment agreement. This 29 subsection does not prohibit the assessor from assigning a 30 higher actual value to the property or prohibit the owner 31 from seeking administrative or legal remedies to reduce the 32 actual value assigned except that the actual value shall not 33 be reduced below the minimum actual value contained in the 34 assessment agreement. An assessor, county auditor, board of 35 -33- HF 718.2144.S (1) 90 mb 33/ 74

review, director of revenue, or court of this state shall not 1 reduce or order the reduction of the actual value below the 2 minimum actual value in the agreement during the term of the 3 agreement regardless of the actual value which may result from 4 the incomplete construction of improvements, destruction or 5 diminution by any cause, insured or uninsured, except in the 6 case of acquisition or reacquisition of the property by a 7 public entity. Recording of an assessment agreement complying 8 with this subsection constitutes notice of the assessment 9 agreement to a subsequent purchaser or encumbrancer of the land 10 or any part of it, whether voluntary or involuntary, and is 11 binding upon a subsequent purchaser or encumbrancer. 12 Sec. 58. NEW SECTION . 404.3D Exemptions for residential 13 property. 14 For revitalization areas established under this chapter on 15 or after the effective date of this division of this Act and 16 for first-year exemption applications for property located in a 17 revitalization area in existence on the effective date of this 18 division of this Act filed on or after the effective date of 19 this division of this Act, an exemption authorized under this 20 chapter for property that is residential property shall not 21 apply to property tax levies imposed by a school district. 22 Sec. 59. EFFECTIVE DATE. This division of this Act takes 23 effect July 1, 2024. 24 DIVISION VIII 25 TRANSIT FUNDING 26 Sec. 60. Section 364.2, subsection 4, paragraph f, 27 subparagraph (1), subparagraph division (b), Code 2023, is 28 amended to read as follows: 29 (b) For franchise fees assessed and collected during fiscal 30 years beginning on or after July 1, 2013 2024 , but before 31 July 1, 2030, by a city that is the subject of a judgment, 32 court-approved settlement, or court-approved compromise 33 providing for payment of restitution, a refund, or a return 34 described in section 384.3A, subsection 3 , paragraph “j” with 35 -34- HF 718.2144.S (1) 90 mb 34/ 74

a population exceeding two hundred thousand , the rate of the 1 franchise fee shall not exceed seven and one-half percent 2 of gross revenues generated from sales of the franchisee in 3 the city, and franchise fee amounts assessed and collected 4 during such fiscal years in excess of five percent of gross 5 revenues generated from sales shall be used solely for the 6 purpose specified in section 384.3A, subsection 3 , paragraph 7 “j” . A city may assess and collect a franchise fee in excess 8 of five percent of gross revenues generated from the sales 9 of the franchisee pursuant to this subparagraph division (b) 10 for a period not to exceed seven consecutive fiscal years 11 once the franchise fee is first imposed at a rate in excess 12 of five percent. An ordinance increasing the franchise fee 13 rate to greater than five percent pursuant to this subparagraph 14 division (b) shall not become effective unless approved at 15 an election. After passage of the ordinance, the council 16 shall submit the proposal at a special election held on a date 17 specified in section 39.2, subsection 4 , paragraph “b” . If a 18 majority of those voting on the proposal approves the proposal, 19 the city may proceed as proposed. The complete text of the 20 ordinance shall be included on the ballot and the full text 21 of the ordinance posted for the voters pursuant to section 22 52.25 . All absentee voters shall receive the full text of the 23 ordinance along with the absentee ballot. This subparagraph 24 division (b) is repealed July 1, 2030. 25 Sec. 61. Section 384.3A, subsection 3, paragraph j, Code 26 2023, is amended to read as follows: 27 j. For franchise fees assessed and collected by a city in 28 excess of five percent of gross revenues generated from sales 29 of the franchisee within the city pursuant to section 364.2, 30 subsection 4 , paragraph “f” , subparagraph (1), subparagraph 31 division (b), during fiscal years beginning on or after July 1, 32 2013 2024 , but before July 1, 2030, the adjustment, renewal, 33 or extension of any part or all of the legal indebtedness of 34 a city, whether evidenced by bonds, warrants, court-approved 35 -35- HF 718.2144.S (1) 90 mb 35/ 74

settlements, court-approved compromises, or judgments, or the 1 funding or refunding of the same, if such legal indebtedness 2 relates to restitution, a refund, or a return ordered by a 3 court of competent jurisdiction for franchise fees assessed 4 and collected by the city before June 20, 2013 solely for the 5 reduction of property tax levies that support the operation and 6 maintenance of a municipal transit system or a regional transit 7 district or to maintain transportation service levels of a 8 municipal transit system or a regional transit district . This 9 paragraph “j” is repealed July 1, 2030. 10 Sec. 62. EFFECTIVE DATE. This division of this Act takes 11 effect July 1, 2024. 12 DIVISION IX 13 COUNTY AUDITOR VALUATION REPORTS 14 Sec. 63. Section 331.510, subsections 3 and 4, Code 2023, 15 are amended to read as follows: 16 3. An annual report not later than January 1 to the 17 department of management of the valuation by class of property 18 for each taxing district in the county on forms provided by the 19 department of management. The valuations reported shall be 20 those valuations used for determining the levy rates necessary 21 to fund the budgets of the taxing districts for the following 22 fiscal year. Each annual report under this subsection for 23 assessment years beginning on or after January 1, 2024, 24 shall distinguish such values as revaluation or other type of 25 addition to value, as defined and submitted in the assessor’s 26 abstract transmitted to the department of revenue under section 27 441.45. 28 4. An annual report not later than January 1 to the 29 governing body of each taxing district in the county of the 30 assessed valuations of taxable property in the taxing district 31 as reported to the department of management. Each annual 32 report under this subsection for assessment years beginning 33 on or after January 1, 2024, shall distinguish such values as 34 revaluation or other type of addition to value, as defined 35 -36- HF 718.2144.S (1) 90 mb 36/ 74

and submitted in the assessor’s abstract transmitted to the 1 department of revenue under section 441.45. 2 DIVISION X 3 LOCAL GOVERNMENT BUDGETS AND TAXPAYER STATEMENTS 4 Sec. 64. NEW SECTION . 24.2A Budget statements to owners 5 and taxpayers. 6 1. For purposes of this section only: 7 a. “Budget year” is the fiscal year beginning during the 8 calendar year in which a budget is certified. 9 b. “Current fiscal year” is the fiscal year ending during 10 the calendar year in which a budget for the budget year is 11 certified. 12 c. “Effective property tax rate” means the property tax rate 13 per one thousand dollars of assessed value and is equal to 14 one thousand multiplied by the quotient of the current fiscal 15 year’s actual property tax dollars certified for levy divided 16 by the total assessed value used to calculate taxes for the 17 budget year. 18 d. “Political subdivision” means a school district, a 19 county, or a city. 20 2. a. On or before March 15 of each year, each political 21 subdivision shall file with the department of management a 22 report containing all necessary information for the department 23 of management to compile and calculate amounts required to be 24 included in the statements mailed under paragraph “b” . 25 b. Not later than March 20, the county auditor, using 26 information compiled and calculated by the department of 27 management under paragraph “a” , shall send to each property 28 owner or taxpayer within the county by regular mail an 29 individual statement containing all of the following for 30 each of the political subdivisions comprising the owner’s or 31 taxpayer’s taxing district: 32 (1) The sum of the current fiscal year’s actual property 33 taxes certified for levy for all of the political subdivision’s 34 levies and the combined property tax rate per one thousand 35 -37- HF 718.2144.S (1) 90 mb 37/ 74

dollars for such tax amount for the current fiscal year. 1 (2) The combined effective property tax rate for the 2 political subdivision calculated using the sum of the current 3 fiscal year’s actual property taxes certified for levy for all 4 of the political subdivision’s levies under subparagraph (1). 5 (3) The combined amount of the proposed property tax dollars 6 to be certified for all of the political subdivision’s levies 7 for the budget year and the proposed combined property tax rate 8 per one thousand dollars for such levies. 9 (4) If the proposed property tax dollars specified 10 under subparagraph (3) exceeds the current fiscal year’s 11 actual property tax dollars certified for levy specified in 12 subparagraph (1), a detailed statement of the major reasons for 13 the increase, including the specific purposes or programs for 14 which the political subdivision is proposing an increase. 15 (5) An example comparing the amount of property taxes on 16 a residential property with an actual value of one hundred 17 thousand dollars in the current fiscal year and such amount 18 on the residential property using the proposed property 19 tax dollars for the budget year, including the percentage 20 difference in such amounts. 21 (6) An example comparing the amount of property taxes 22 on a commercial property with an actual value of one hundred 23 thousand dollars in the current fiscal year and such amount on 24 the commercial property using the proposed property tax dollars 25 for the budget year, including the percentage difference in 26 such amounts. 27 (7) The political subdivision’s percentage of total 28 property taxes certified for levy in the owner’s or taxpayer’s 29 taxing district in the current fiscal year among all taxing 30 authorities. 31 (8) The date, time, and location of the political 32 subdivision’s public hearing required under subsection 4. 33 (9) Information on how to access on the political 34 subdivision’s internet site the political subdivision’s 35 -38- HF 718.2144.S (1) 90 mb 38/ 74

statements under this section and other budget documents for 1 prior fiscal years. 2 3. The department of management shall prescribe the form 3 for the report required under subsection 2, paragraph “a” , the 4 statements required to be mailed under subsection 2, paragraph 5 “b” , and the public hearing notice required under subsection 4, 6 paragraph “b” . 7 4. a. Each political subdivision shall set a time and 8 place for a public hearing on the political subdivision’s 9 proposed property tax amount for the budget year and the 10 political subdivision’s information included in the statements 11 under subsection 2. At the hearing, the governing body 12 of the political subdivision shall receive oral or written 13 testimony from any resident or property owner of the political 14 subdivision. This public hearing shall be separate from 15 any other meeting of the governing body of the political 16 subdivision, including any other meeting or public hearing 17 relating to the political subdivision’s budget, and other 18 business of the political subdivision that is not related to 19 the proposed property tax amounts and the information in the 20 statements shall not be conducted at the public hearing. After 21 all testimony has been received and considered, the governing 22 body may decrease, but not increase, the proposed property tax 23 amount to be included in the political subdivision’s budget. 24 b. (1) If the political subdivision is a county, notice 25 of the public hearing shall be published not less than ten 26 nor more than twenty days prior to the hearing in the county 27 newspapers selected under chapter 349. 28 (2) If the political subdivision is a city, notice of the 29 public hearing shall be published not less than ten nor more 30 than twenty days prior to the hearing in a newspaper published 31 at least once weekly and having general circulation in the 32 city. However, if the city has a population of two hundred or 33 less, publication may be made by posting in three public places 34 in the city. 35 -39- HF 718.2144.S (1) 90 mb 39/ 74

(3) If the political subdivision is a school district, 1 notice of the public hearing shall be published not less 2 than ten nor more than twenty days prior to the hearing in 3 a newspaper published in the school district, if any, and if 4 not, then in a newspaper of general circulation in the school 5 district. 6 c. Notice of the hearing shall also be posted and clearly 7 identified on the political subdivision’s internet site 8 for public viewing beginning on the date of the newspaper 9 publication and shall be maintained on the political 10 subdivision’s internet site with all such prior year notices 11 and copies of the statements mailed under subsection 2. 12 Additionally, if the political subdivision maintains a social 13 media account on one or more social media applications, the 14 public hearing notice or an electronic link to the public 15 hearing notice shall be posted on each such account on the same 16 day as the publication of the notice. 17 Sec. 65. Section 24.3, unnumbered paragraph 1, Code 2023, 18 is amended to read as follows: 19 A municipality shall not certify or levy in any fiscal year 20 any tax on property subject to taxation unless and until the 21 following estimates have been made, filed, and considered, 22 and for school districts, the individual statements have been 23 mailed and public hearings held, as provided in this chapter : 24 Sec. 66. Section 24.10, Code 2023, is amended to read as 25 follows: 26 24.10 Levies void. 27 The verified proof of the publication of the notice under 28 section 24.9 shall be filed in the office of the county auditor 29 and preserved by the auditor. A levy shall not be valid unless 30 and until that notice is such notices are published , mailed, 31 and filed. However, failure of an owner or taxpayer to receive 32 a statement under section 24.2A shall not invalidate a levy. 33 Sec. 67. Section 24.17, subsection 1, Code 2023, is amended 34 to read as follows: 35 -40- HF 718.2144.S (1) 90 mb 40/ 74

1. The local budgets of the various political subdivisions 1 shall be certified by the chairperson of the certifying 2 board or levying board, as the case may be, in duplicate to 3 the county auditor not later than March 15 April 30 of each 4 year on forms, and pursuant to instructions, prescribed by 5 the department of management. However, if the political 6 subdivision is a county or a city, its budget shall be 7 certified not later than March 31 of each year, and if the 8 political subdivision is a school district, as defined in 9 section 257.2 , its budget shall be certified not later than 10 April 15 of each year. 11 Sec. 68. Section 24.27, subsection 1, Code 2023, is amended 12 to read as follows: 13 1. Not later than March 25, or April 10 for a county or 14 a city, or April 25 if the municipality is a school district 15 May 10 , a number of persons in any municipality political 16 subdivision equal to one-fourth of one percent of those voting 17 for the office of governor, at the last general election in the 18 municipality political subdivision , but the number shall not be 19 less than ten, and the number need not be more than one hundred 20 persons, who are affected by any proposed budget, expenditure 21 or tax levy, or by any item thereof, may appeal from any 22 decision of the certifying board or the levying board by filing 23 with the county auditor of the county in which the municipal 24 corporation political subdivision is located, a written protest 25 setting forth their objections to the budget, expenditure or 26 tax levy, or to one or more items thereof, and the grounds for 27 their objections. If a budget is certified after March 15, or 28 March 31 in the case of a county or a city, or April 15 in the 29 case of a school district 30 , all appeal time limits shall be 30 extended to correspond to allowances for a timely filing. 31 Sec. 69. Section 24.28, Code 2023, is amended to read as 32 follows: 33 24.28 Hearing on protest. 34 The state board, within a reasonable time, shall fix a date 35 -41- HF 718.2144.S (1) 90 mb 41/ 74

for an initial hearing on the protest and may designate a 1 deputy to hold the hearing, which shall be held in the county 2 or in one of the counties in which the municipality political 3 subdivision is located. Notice of the time and place of the 4 hearing shall be given by certified mail to the appropriate 5 officials of the local government and to the first ten property 6 owners whose names appear upon the protest, at least five 7 days before the date fixed for the hearing. At all hearings, 8 the burden shall be upon the objectors with reference to any 9 proposed item in the budget which was included in the budget 10 of the previous year and which the objectors propose should 11 be reduced or excluded; but the burden shall be upon the 12 certifying board or the levying board, as the case may be, 13 to show that any new item in the budget, or any increase in 14 any item in the budget, is necessary, reasonable, and in the 15 interest of the public welfare. 16 Sec. 70. Section 24.48, subsection 4, Code 2023, is amended 17 to read as follows: 18 4. The city finance committee shall have officially 19 notified any city of its approval, modification or rejection 20 of the city’s appeal of the decision of the director of the 21 department of management regarding a city’s request for a 22 suspension of the statutory property tax levy limitation prior 23 to thirty-five days before March 31 April 30 . 24 Sec. 71. Section 275.29, subsection 1, Code 2023, is amended 25 to read as follows: 26 1. Between July 1 and July 20, or on a date determined by 27 agreement of the initial board and the boards of districts 28 receiving territory of the school districts affected, but not 29 later than August 30, the initial board shall meet with the 30 boards of districts receiving territory of the school districts 31 affected, for the purpose of reaching joint agreement on an 32 equitable division of the assets and an equitable distribution 33 of the liabilities of the school districts affected. In 34 addition, if outstanding general obligation indebtedness is in 35 -42- HF 718.2144.S (1) 90 mb 42/ 74

existence in any district, the initial board of directors of 1 the newly formed school district shall meet with the boards of 2 all school districts affected prior to April 15 30 prior to 3 the school year the reorganization is effective to determine 4 the distribution of liability for payment of the general 5 obligation bonded indebtedness between the districts so that 6 the newly formed district may certify its budget under the 7 procedures specified in chapter 24 . The boards shall consider 8 the mandatory levy required in section 76.2 and shall assure 9 the satisfaction of outstanding obligations. If a school 10 district affected by the reorganization has outstanding bonds 11 issued under section 423E.5 or 423F.4 , the joint agreement 12 shall assure that the estimated revenue under section 423F.2 13 for each district to which liability for payment of such bonds 14 is assigned is sufficient for the payment of principal and 15 interest on the outstanding bonds required to be paid in the 16 budget year following reorganization. 17 Sec. 72. Section 298.2, subsection 1, paragraph b, Code 18 2023, is amended to read as follows: 19 b. For school budget years beginning on or after July 1, 20 2015, a school district may by resolution of the board of 21 directors adopted prior to April 15 30 preceding the budget 22 year impose a physical plant and equipment levy at a rate in 23 excess of the levy rate limitations under paragraph “a” if the 24 board has refunded or refinanced a loan agreement entered into 25 under section 297.36 and such refunding or refinancing complies 26 with the maturity period authorized under section 297.36, 27 subsection 1 , paragraph “c” , and results in a lower amount of 28 interest on the amount of the loan agreement. However, the 29 rate imposed by a school district under this paragraph shall 30 not exceed the rate imposed during the budget year in which 31 the loan agreement was refunded or refinanced. Authorization 32 to exceed the levy rate limitations of paragraph “a” shall 33 terminate upon the maturity of the loan agreement after 34 refunding or refinancing. Upon adoption of the resolution 35 -43- HF 718.2144.S (1) 90 mb 43/ 74

under this paragraph “b” , the board shall comply with the 1 requirements of section 297.36, subsection 1 , paragraph “b” . 2 Sec. 73. Section 298.2, subsection 3, Code 2023, is amended 3 to read as follows: 4 3. The board of directors of a school district may certify 5 for levy by April 15 30 of a school year a tax on all taxable 6 property in the school district for the regular physical plant 7 and equipment levy. 8 Sec. 74. Section 298.2, subsection 4, paragraph b, Code 9 2023, is amended to read as follows: 10 b. If a combination of a property tax and income surtax is 11 used, by April 15 30 of the previous school year, the board 12 shall certify the percent of the income surtax to be imposed 13 and the amount to be raised to the department of management 14 and the department of management shall establish the rate of 15 the property tax and income surtax for the school year. The 16 physical plant and equipment property tax and income surtax 17 shall be levied or imposed, collected, and paid to the school 18 district in the manner provided for the instructional support 19 program in sections 257.21 through 257.26 . 20 Sec. 75. Section 298.4, subsection 1, unnumbered paragraph 21 1, Code 2023, is amended to read as follows: 22 The board of directors of a school district may certify for 23 levy by April 15 30 of a school year, a tax on all taxable 24 property in the school district for a district management levy. 25 The revenue from the tax levied in this section shall be placed 26 in the district management levy fund of the school district. 27 The district management levy shall be expended only for the 28 following purposes: 29 Sec. 76. Section 298.10, subsection 1, Code 2023, is amended 30 to read as follows: 31 1. The board of directors of a school district may certify 32 for levy by April 15 30 of a school year, a tax on all taxable 33 property in the school district in order to raise an amount 34 for a necessary cash reserve for a school district’s general 35 -44- HF 718.2144.S (1) 90 mb 44/ 74

fund. The amount raised for a necessary cash reserve does not 1 increase a school district’s authorized expenditures as defined 2 in section 257.7 . 3 Sec. 77. Section 300.2, subsection 2, Code 2023, is amended 4 to read as follows: 5 2. If a majority of the votes cast upon the proposition is 6 in favor of the proposition, the board shall certify the amount 7 required for a fiscal year to the county board of supervisors 8 by April 15 30 of the preceding fiscal year. The board of 9 supervisors shall levy the amount certified. The amount shall 10 be placed in the public education and recreation levy fund of 11 the district and shall be used only for the purposes specified 12 in this chapter . 13 Sec. 78. Section 303.66, subsection 2, Code 2023, is amended 14 to read as follows: 15 2. Taxes levied by the board shall be certified on or 16 before the first day of March April 30 to the county auditor 17 of each county where any of the property included within the 18 territorial limits of the land use district is located, and 19 shall be placed upon the tax list for the current year. The 20 county treasurer shall collect the taxes in the same manner as 21 other taxes. When delinquent, the taxes shall draw the same 22 interest and penalties as other taxes. All taxes so levied and 23 collected shall be paid over to the treasurer of the district. 24 Sec. 79. Section 309.22, subsection 1, Code 2023, is amended 25 to read as follows: 26 1. On or before the fifteenth day of April May 15 of 27 each year the board of supervisors, with the assistance of 28 the county engineer, shall, subject to the approval of the 29 department, adopt a secondary road construction program which 30 shall include a project accomplishment list for the next 31 fiscal year, and a project priority list for the succeeding 32 four fiscal years based upon the construction funds, local 33 secondary and farm-to-market, estimated to be available for the 34 period. Subject to departmental approval, any project on the 35 -45- HF 718.2144.S (1) 90 mb 45/ 74

approved priority list may be advanced to and constructed in 1 the accomplishment year and the project accomplishment list may 2 be revised due to unforeseen conditions. 3 Sec. 80. Section 331.422, unnumbered paragraph 1, Code 4 2023, is amended to read as follows: 5 Subject to this section and sections 331.423 through 331.426 6 or as otherwise provided by state law, the board of each county 7 shall certify property taxes annually at its March April 8 session to be levied for county purposes as follows: 9 Sec. 81. Section 331.434, unnumbered paragraph 1, Code 10 2023, is amended to read as follows: 11 Annually, the board of each county, subject to section 12 331.403, subsection 4 , sections 331.423 through 331.426 , 13 section 331.433A , the applicable portions of chapter 24, and 14 other applicable state law, shall prepare and adopt a budget, 15 certify taxes, and provide appropriations as follows: 16 Sec. 82. Section 331.434, subsection 3, Code 2023, is 17 amended to read as follows: 18 3. Following, and not until, adoption of the resolution 19 under section 331.433A , the requirements of section 24.2A are 20 completed, the board shall set a time and place for a public 21 hearing on the budget before the final certification date and 22 shall publish notice of the hearing not less than ten nor more 23 than twenty days prior to the hearing in the county newspapers 24 selected under chapter 349 . A summary of the proposed budget 25 and a description of the procedure for protesting the county 26 budget under section 331.436 , in the form prescribed by the 27 director of the department of management, shall be included 28 in the notice. Proof of publication of the notice under this 29 subsection 3 and a copy of the resolution adopted under section 30 331.433A shall be filed with and preserved by the county 31 auditor. A levy is not valid unless and until the notice is 32 published and the notice and resolution adopted under section 33 331.433A are filed individual statements under section 24.2A 34 are mailed . The department of management shall prescribe the 35 -46- HF 718.2144.S (1) 90 mb 46/ 74

form for the public hearing notice for use by counties. 1 Sec. 83. Section 331.434, subsection 5, paragraph a, Code 2 2023, is amended to read as follows: 3 a. After the hearing, the board shall adopt by resolution 4 a budget and certificate of taxes for the next fiscal year 5 and shall direct the auditor to properly certify and file the 6 budget and certificate of taxes as adopted. The board shall 7 not adopt a tax in excess of the estimate published or the 8 applicable amounts specified in the resolution adopted under 9 section 331.433A , except a tax which is approved by a vote of 10 the people, and a greater tax than that adopted shall not be 11 levied or collected. A county budget and certificate of taxes 12 adopted for the following fiscal year becomes effective on the 13 first day of that year. 14 Sec. 84. Section 331.434, subsection 7, Code 2023, is 15 amended to read as follows: 16 7. Taxes levied by a county whose budget is certified after 17 March 31 April 30 shall be limited to the prior year’s budget 18 amount. However, this penalty may be waived by the director 19 of the department of management if the county demonstrates 20 that the March 31 deadline was missed because of circumstances 21 beyond the control of the county. 22 Sec. 85. Section 331.435, subsection 2, Code 2023, is 23 amended to read as follows: 24 2. The board shall prepare and adopt a budget amendment in 25 the same manner as the original budget as provided in section 26 331.434 , but excluding the requirements for adoption of the 27 resolution under section 331.433A mailing individual statements 28 under section 24.2A , and the amendment is subject to protest as 29 provided in section 331.436 , except that the director of the 30 department of management may by rule provide that amendments 31 of certain types or up to certain amounts may be made without 32 public hearing and without being subject to protest. A county 33 budget for the ensuing fiscal year shall be amended by May 31 34 to allow time for a protest hearing to be held and a decision 35 -47- HF 718.2144.S (1) 90 mb 47/ 74

rendered before June 30. An amendment of a budget after May 1 31 which is properly appealed but without adequate time for 2 hearing and decision before June 30 is void. 3 Sec. 86. Section 331.436, Code 2023, is amended to read as 4 follows: 5 331.436 Protest. 6 Protests to the adopted budget must be made in accordance 7 with sections 24.27 through 24.32 as if the county were the 8 municipality under those sections except that the protest must 9 be filed no later than April May 10 and the number of people 10 necessary to file a protest under this section shall not be 11 less than one hundred. 12 Sec. 87. Section 347.13, subsection 12, Code 2023, is 13 amended to read as follows: 14 12. Fix the amount necessary for the improvement and 15 maintenance of the hospital and for support of ambulance 16 service during the ensuing fiscal year, and certify the amount 17 to the county auditor before March 15 April 30 of each year, 18 subject to any limitation in section 347.7 . 19 Sec. 88. Section 358.18, subsection 2, as amended by 2023 20 Iowa Acts, House File 541, section 1, if enacted, is amended 21 to read as follows: 22 2. All taxes thus levied by the board of trustees shall 23 be certified by the clerk on or before March 15 April 30 to 24 the county auditor of each county wherein any of the property 25 included within the territorial limits of the sanitary district 26 is located, and shall be placed upon the tax list for the 27 current fiscal year by the auditor or auditors. The county 28 treasurer, or treasurers, of more than one county, shall 29 collect all taxes so levied in the same manner as other taxes, 30 and when delinquent the taxes shall draw the same interest. 31 All taxes levied and collected shall be paid over by the 32 officer collecting the taxes to the treasurer of the sanitary 33 district. 34 Sec. 89. Section 358C.14, subsection 2, Code 2023, is 35 -48- HF 718.2144.S (1) 90 mb 48/ 74

amended to read as follows: 1 2. All taxes thus levied by the board shall be certified by 2 the clerk on or before March 1 April 30 to the county auditor 3 of each county in which any of the property included within 4 the territorial limits of the district is located, and shall 5 be placed upon the tax list for the current fiscal year by the 6 auditor. The county treasurer of more than one county shall 7 collect all taxes so levied in the same manner as other taxes, 8 and when delinquent the taxes shall draw the same interest. 9 All taxes levied and collected shall be paid over by the 10 officer collecting the taxes to the treasurer of the district. 11 Sec. 90. Section 359.49, subsections 7 and 9, Code 2023, are 12 amended to read as follows: 13 7. After the meeting on the proposed budget, the board of 14 trustees shall adopt by resolution a budget for at least the 15 next fiscal year, and the clerk shall certify the necessary 16 tax levy for the next fiscal year to the county auditor and 17 the county board of supervisors by March 15 April 30 . The tax 18 levy certified may be less than but shall not be more than 19 the amount estimated in the proposed budget submitted at the 20 meeting. Two copies each of the detailed budget as adopted and 21 of the certified tax levy must be transmitted to the county 22 auditor by March 15 April 30 . 23 9. Taxes from a township levy shall be collected but not 24 disbursed by the county to a township until copies of the 25 township budget are transmitted to the county auditor as 26 required in subsection 7 . If a township fails to certify 27 property taxes by March 15 April 30 , the amount of taxes 28 collected by the county for the township shall be the amount 29 collected for the township in the previous fiscal year to the 30 extent that it does not exceed the applicable levy rate limits 31 in this chapter . However, that amount may not exceed the 32 amount the township could collect based on property assessments 33 for the fiscal year for which the township failed to certify 34 property taxes. 35 -49- HF 718.2144.S (1) 90 mb 49/ 74

Sec. 91. Section 384.2, subsection 1, Code 2023, is amended 1 to read as follows: 2 1. Except as otherwise provided for special charter cities, 3 a city’s fiscal year shall be as provided in section 24.2, 4 subsection 3 . All city property taxes must be certified by 5 a city to the county auditor on or before March 31 April 6 30 of each year, unless otherwise provided by state law. 7 However, municipal utilities, if not supported by taxation 8 or the proceeds of outstanding indebtedness payable from 9 taxes may, with the council’s consent, choose to operate on a 10 fiscal year which is the calendar year. The receipt by the 11 utility of payments from other governmental funds for public 12 fire protection, street lighting, or other public use of the 13 utility’s services shall not be deemed support by taxation. 14 After notice and hearing in the same manner as required for the 15 city’s regular budget under section 384.16 , the utility budget 16 must be approved by resolution of the council not later than 17 twenty days prior to the beginning of the calendar year for 18 which the budget applies. 19 Sec. 92. Section 384.16, unnumbered paragraph 1, Code 2023, 20 is amended to read as follows: 21 Annually, a city that has satisfied the requirements of 22 section 384.15A and section 384.22, subsection 3 , and the 23 applicable portions of chapter 24, shall prepare and adopt a 24 budget, and shall certify taxes as follows: 25 Sec. 93. Section 384.16, subsections 3, 5, and 6, Code 2023, 26 are amended to read as follows: 27 3. Following, and not until, adoption of the resolution 28 under section 384.15A , requirements of section 24.2A are 29 completed, the council shall set a time and place for public 30 hearing on the budget before the final certification date and 31 shall publish notice of the hearing not less than ten nor more 32 than twenty days before the hearing in a newspaper published 33 at least once weekly and having general circulation in the 34 city. However, if the city has a population of two hundred 35 -50- HF 718.2144.S (1) 90 mb 50/ 74

or less, publication may be made by posting in three public 1 places in the city. A summary of the proposed budget and a 2 description of the procedure for protesting the city budget 3 under section 384.19 , in the form prescribed by the director of 4 the department of management, shall be included in the notice. 5 Proof of publication of the notice under this subsection 3 and a 6 copy of the resolution adopted under section 384.15A must be 7 filed with the county auditor. The department of management 8 shall prescribe the form for the public hearing notice for use 9 by cities. 10 5. After the hearing, the council shall adopt by resolution 11 a budget for at least the next fiscal year, and the clerk 12 shall certify the necessary tax levy for the next fiscal year 13 to the county auditor and the county board of supervisors. 14 The tax levy certified may be less than but not more than 15 the amount estimated in the proposed budget submitted at 16 the final hearing or the applicable amount specified in the 17 resolution adopted under section 384.15A , unless an additional 18 tax levy is approved at a city election. Two copies each of 19 the detailed budget as adopted and of the tax certificate must 20 be transmitted to the county auditor, who shall complete the 21 certificates and transmit a copy of each to the department of 22 management. 23 6. Taxes levied by a city whose budget is certified after 24 March 31 April 30 shall be limited to the prior year’s budget 25 amount. However, this penalty may be waived by the director of 26 the department of management if the city demonstrates that the 27 March 31 deadline was missed because of circumstances beyond 28 the control of the city. 29 Sec. 94. Section 384.17, Code 2023, is amended to read as 30 follows: 31 384.17 Levy by county. 32 At the time required by law, the county board of supervisors 33 shall levy the taxes necessary for each city fund for the 34 following fiscal year. The levy must be as shown in the 35 -51- HF 718.2144.S (1) 90 mb 51/ 74

adopted city budget and as certified by the clerk, subject to 1 any changes made after a protest hearing, and any additional 2 tax rates approved at a city election. A city levy is not valid 3 until proof of publication or posting of notice of a budget 4 hearing under section 384.16, subsection 3 , and the notice and 5 resolution adopted under section 384.15A are is filed with 6 the county auditor and individual statements are mailed under 7 section 24.2A . 8 Sec. 95. Section 384.18, subsection 2, Code 2023, is amended 9 to read as follows: 10 2. A budget amendment must be prepared and adopted in the 11 same manner as the original budget, as provided in section 12 384.16 , excluding the requirement for the mailing of individual 13 statements under section 24.2A, and is subject to protest as 14 provided in section 384.19 , except that the committee may by 15 rule provide that amendments of certain types or up to certain 16 amounts may be made without public hearing and without being 17 subject to protest. A city budget shall be amended by May 18 31 of the current fiscal year to allow time for a protest 19 hearing to be held and a decision rendered before June 30. The 20 amendment of a budget after May 31, which is properly appealed 21 but without adequate time for hearing and decision before June 22 30 is void. 23 Sec. 96. REPEAL. Sections 331.433A and 384.15A, Code 2023, 24 are repealed. 25 Sec. 97. IMPLEMENTATION. Section 25B.2, subsection 3, 26 shall not apply to this division of this Act. 27 Sec. 98. APPLICABILITY. This division of this Act applies 28 to political subdivision budgets for fiscal years beginning on 29 or after July 1, 2024. 30 DIVISION XI 31 DRIVER’S LICENSES AND NONOPERATOR’S IDENTIFICATION CARDS 32 Sec. 99. Section 321M.9, subsection 1, paragraph a, Code 33 2023, is amended by adding the following new subparagraph: 34 NEW SUBPARAGRAPH . (4) The ten-dollar convenience fee 35 -52- HF 718.2144.S (1) 90 mb 52/ 74

collected pursuant to subsection 1A. 1 Sec. 100. Section 321M.9, Code 2023, is amended by adding 2 the following new subsection: 3 NEW SUBSECTION . 1A. Convenience fee. A county authorized 4 to issue driver’s licenses under this chapter may charge, in 5 addition to any other fee imposed by law, a convenience fee for 6 the issuance or renewal of a driver’s license or nonoperator’s 7 identification card to a person who is not a resident of the 8 county, unless that person pays property tax to the county 9 and provides proof of payment such as a receipt as provided 10 in section 445.5, subsection 6, or another form of proof as 11 determined by the county. The convenience fee shall be ten 12 dollars. 13 DIVISION XII 14 WRITING FEES 15 Sec. 101. Section 321G.27, subsection 1, paragraphs a, b, 16 and c, Code 2023, are amended by striking the paragraphs. 17 Sec. 102. Section 321G.27, subsection 1, Code 2023, is 18 amended by adding the following new paragraph: 19 NEW PARAGRAPH . 0d. The county recorder shall collect 20 a writing fee of two dollars for each privilege under this 21 chapter. 22 Sec. 103. Section 321G.29, subsection 3, Code 2023, is 23 amended to read as follows: 24 3. An owner of a snowmobile shall apply to the county 25 recorder for issuance of a certificate of title within thirty 26 days after acquisition. The application shall be on forms 27 the department prescribes and accompanied by the required fee 28 specified in section 321G.30 and the writing fee specified in 29 section 321G.27 . The application shall include a certification 30 signed in writing containing substantially the representation 31 that statements made are true and correct to the best of the 32 applicant’s knowledge, information, and belief, under penalty 33 of perjury. The application shall contain the date of sale 34 and gross price of the snowmobile or the fair market value if 35 -53- HF 718.2144.S (1) 90 mb 53/ 74

no sale immediately preceded the transfer and any additional 1 information the department requires. If the application is 2 made for a snowmobile last previously registered or titled in 3 another state or foreign country, the application shall contain 4 this information and any other information the department 5 requires. 6 Sec. 104. Section 321G.31, Code 2023, is amended to read as 7 follows: 8 321G.31 Transfer or repossession by operation of law. 9 1. If ownership of a snowmobile is transferred by 10 operation of law, such as by inheritance, order in bankruptcy, 11 insolvency, replevin, or execution sale, the transferee, within 12 thirty days after acquiring the right to possession of the 13 snowmobile, shall mail or deliver to the county recorder of 14 the transferee’s county of residence satisfactory proof of 15 ownership as the county recorder requires, together with an 16 application for a new certificate of title, and the required 17 fee , plus the writing fee specified in section 321G.27 . 18 However, if the transferee is the surviving spouse of the 19 deceased owner, the county recorder shall waive the required 20 fee fees . 21 2. If a lienholder repossesses a snowmobile by operation of 22 law and holds it for resale, the lienholder shall secure a new 23 certificate of title and shall pay the required fee , plus the 24 writing fee specified in section 321G.27 . 25 Sec. 105. Section 321G.32, subsection 1, Code 2023, is 26 amended by adding the following new paragraph: 27 NEW PARAGRAPH . c. The application shall be accompanied by 28 the writing fee specified in section 321G.27. 29 Sec. 106. Section 321I.29, subsection 1, paragraphs a, b, 30 and c, Code 2023, are amended by striking the paragraphs. 31 Sec. 107. Section 321I.29, subsection 1, Code 2023, is 32 amended by adding the following new paragraph: 33 NEW PARAGRAPH . 0d. The county recorder shall collect 34 a writing fee of two dollars for each privilege under this 35 -54- HF 718.2144.S (1) 90 mb 54/ 74

chapter. 1 Sec. 108. Section 321I.31, subsection 3, Code 2023, is 2 amended to read as follows: 3 3. An owner of an all-terrain vehicle shall apply to 4 the county recorder for issuance of a certificate of title 5 within thirty days after acquisition. The application shall 6 be on forms the department prescribes and accompanied by the 7 required fee specified in section 321I.32 and the writing fee 8 specified in section 321I.29 . The application shall include a 9 certification signed in writing containing substantially the 10 representation that statements made are true and correct to the 11 best of the applicant’s knowledge, information, and belief, 12 under penalty of perjury. The application shall contain the 13 date of sale and gross price of the all-terrain vehicle or the 14 fair market value if no sale immediately preceded the transfer 15 and any additional information the department requires. If the 16 application is made for an all-terrain vehicle last previously 17 registered or titled in another state or foreign country, 18 the application shall contain this information and any other 19 information the department requires. 20 Sec. 109. Section 321I.33, Code 2023, is amended to read as 21 follows: 22 321I.33 Transfer or repossession by operation of law. 23 1. If ownership of an all-terrain vehicle is transferred by 24 operation of law, such as by inheritance, order in bankruptcy, 25 insolvency, replevin, or execution sale, the transferee, 26 within thirty days after acquiring the right to possession of 27 the all-terrain vehicle, shall mail or deliver to the county 28 recorder of the transferee’s county of residence satisfactory 29 proof of ownership as the county recorder requires, together 30 with an application for a new certificate of title, and 31 the required fee , plus the writing fee specified in section 32 321I.29 . However, if the transferee is the surviving spouse 33 of the deceased owner, the county recorder shall waive the 34 required fee fees . 35 -55- HF 718.2144.S (1) 90 mb 55/ 74

2. If a lienholder repossesses an all-terrain vehicle by 1 operation of law and holds it for resale, the lienholder shall 2 secure a new certificate of title and shall pay the required 3 fee , plus the writing fee specified in section 321I.29 . 4 Sec. 110. Section 321I.34, subsection 1, Code 2023, is 5 amended by adding the following new paragraph: 6 NEW PARAGRAPH . c. The application shall be accompanied by 7 the writing fee specified in section 321I.29. 8 Sec. 111. Section 462A.53, Code 2023, is amended to read as 9 follows: 10 462A.53 Amount of writing fees. 11 A writing fee of one dollar and twenty-five cents two dollars 12 for each privilege shall be collected by the county recorder. 13 Sec. 112. Section 462A.77, subsection 4, Code 2023, is 14 amended to read as follows: 15 4. Every owner of a vessel subject to titling under this 16 chapter shall apply to the county recorder for issuance of a 17 certificate of title for the vessel within thirty days after 18 acquisition. The application shall be on forms the department 19 prescribes, and accompanied by the required fee specified 20 in section 462A.78 and the writing fee specified in section 21 462A.53 . The application shall be signed and shall include a 22 certification signed in writing containing substantially the 23 representation that statements made are true and correct to the 24 best of the applicant’s knowledge, information, and belief, 25 under penalty of perjury. The application shall contain 26 the date of sale and gross price of the vessel or the fair 27 market value if no sale immediately preceded the transfer, and 28 any additional information the department requires. If the 29 application is made for a vessel last previously registered or 30 titled in another state or foreign country, it shall contain 31 this information and any other information the department 32 requires. 33 Sec. 113. Section 462A.82, subsections 1 and 2, Code 2023, 34 are amended to read as follows: 35 -56- HF 718.2144.S (1) 90 mb 56/ 74

1. If ownership of a vessel is transferred by operation of 1 law, such as by inheritance, order in bankruptcy, insolvency, 2 replevin, execution sale, or in compliance with section 578A.7 , 3 the transferee, within thirty days after acquiring the right 4 to possession of the vessel by operation of law, shall mail or 5 deliver to the county recorder satisfactory proof of ownership 6 as the county recorder requires, together with an application 7 for a new certificate of title, and the required fee , plus the 8 writing fee specified in section 462A.53 . However, if the 9 transferee is the surviving spouse of the deceased owner, the 10 county recorder shall waive the required fee fees . A title tax 11 is not required on these transactions. 12 2. If a lienholder repossesses a vessel by operation of 13 law and holds it for resale, the lienholder shall secure a new 14 certificate of title and shall pay the required fee , plus the 15 writing fee specified in section 462A.53 . 16 Sec. 114. Section 462A.84, subsection 1, Code 2023, is 17 amended by adding the following new paragraph: 18 NEW PARAGRAPH . c. The application shall be accompanied by 19 the writing fee specified in section 462A.53. 20 DIVISION XIII 21 BOND ELECTIONS 22 Sec. 115. Section 28E.16, Code 2023, is amended to read as 23 follows: 24 28E.16 Election for bonds. 25 When bonds which require a vote of the people are to be 26 issued for financing joint facilities of a county and one or 27 more cities within the county, pursuant to an agreement made 28 under the authority of this chapter , or pursuant to other 29 provisions of law, the board of supervisors and the council of 30 each city shall arrange for a single election on the question 31 of issuing the bonds, but if the county and the cities are 32 proposing to make separate bond issues, the ballot shall 33 contain separate questions, one to be voted upon by all voters 34 of the county, and one or more to be voted upon only by the 35 -57- HF 718.2144.S (1) 90 mb 57/ 74

voters of the city which is to make a separate bond issue. All 1 elections on the question of issuing the bonds shall be held on 2 the date specified in section 39.2, subsection 4, paragraph “d” . 3 Sec. 116. Section 39.2, subsection 4, Code 2023, is amended 4 to read as follows: 5 4. Unless otherwise provided by law, special elections on 6 public measures are limited to the following dates: 7 a. For Except as provided in paragraph “d” , for a county, in 8 an odd-numbered year, the first Tuesday in March, the second 9 Tuesday in September, or the first Tuesday after the first 10 Monday in November. For a county, in an even-numbered year, 11 the first Tuesday in March, the second Tuesday in September, or 12 the first Tuesday after the first Monday in November. 13 b. For Except as provided in paragraph “d” , for a city, in 14 an odd-numbered year, the first Tuesday in March, the second 15 Tuesday in September, or the first Tuesday after the first 16 Monday in November. For a city, in an even-numbered year, the 17 first Tuesday in March or the second Tuesday in September. 18 c. For Except as provided in paragraph “d” , for a school 19 district or merged area, in the odd-numbered year, the first 20 Tuesday in March, the second Tuesday in September, or the first 21 Tuesday after the first Monday in November. For a school 22 district or merged area, in the even-numbered year, the first 23 Tuesday in March, or the second Tuesday in September. 24 d. For any political subdivision of this state, if the 25 special election is in whole or in part for the question of 26 issuing bonds or other indebtedness, the first Tuesday after 27 the first Monday in November. 28 Sec. 117. NEW SECTION . 39.5 Notice of bond election. 29 In addition to any other notice related to the election 30 required by law to be published, posted, or provided, if the 31 election is subject to section 39.2, subsection 4, paragraph 32 “d” , the commissioner shall not less than ten nor more than 33 twenty days before the day of each election mail to each 34 registered voter of the applicable jurisdiction a notice of the 35 -58- HF 718.2144.S (1) 90 mb 58/ 74

election that includes the full text of the public measure to 1 be voted upon at the election. 2 Sec. 118. Section 75.1, subsection 1, paragraph a, Code 3 2023, is amended to read as follows: 4 a. When a proposition to authorize an issuance of bonds 5 by a county, township, school corporation, city, or by any 6 local board or commission, is submitted to the electors, such 7 proposition shall not be deemed carried or adopted, anything 8 in the statutes to the contrary notwithstanding, unless the 9 vote in favor of such authorization is equal to at least sixty 10 percent of the total vote cast for and against said proposition 11 at said election. All elections on such proposition shall 12 be held on the date specified in section 39.2, subsection 4, 13 paragraph “d” . 14 Sec. 119. Section 75.1, subsection 2, Code 2023, is amended 15 by striking the subsection. 16 Sec. 120. Section 279.39, Code 2023, is amended to read as 17 follows: 18 279.39 School buildings. 19 The board of any school corporation shall establish 20 attendance centers and provide suitable buildings for each 21 school in the district and may at the regular or a special 22 meeting resolve to submit to the registered voters of the 23 district at an election held on a date specified in section 24 39.2, subsection 4 , paragraph “c” , the question of voting a tax 25 or authorizing the board to issue bonds, or both. 26 Sec. 121. Section 296.3, Code 2023, is amended to read as 27 follows: 28 296.3 Election called. 29 Within ten days of receipt of a petition filed under section 30 296.2 , the president of the board of directors shall call a 31 meeting of the board. The meeting shall be held within thirty 32 days after the petition was received. At the meeting, the 33 board shall call the election, fixing the time of the election , 34 which may be at the time and place of holding the regular 35 -59- HF 718.2144.S (1) 90 mb 59/ 74

school election as required by section 39.2, subsection 4, 1 paragraph “d” . However, if the board determines by unanimous 2 vote that the proposition or propositions requested by a 3 petition to be submitted at an election are grossly unrealistic 4 or contrary to the needs of the school district, no election 5 shall be called. If more than one petition has been received 6 by the time the board meets to consider the petition triggering 7 the meeting, the board shall act upon the petitions in the 8 order they were received at the meeting called to consider the 9 initial petition. The decision of the board may be appealed to 10 the state board of education as provided in chapter 290 . The 11 president shall notify the county commissioner of elections of 12 the time of the election. 13 Sec. 122. Section 298.21, unnumbered paragraph 1, Code 14 2023, is amended to read as follows: 15 The board of directors of any school corporation when 16 authorized by the voters at an election held on a date 17 specified in section 39.2, subsection 4 , paragraph “c” “d” , 18 may issue the negotiable, interest-bearing school bonds of the 19 corporation for borrowing money for any or all of the following 20 purposes: 21 Sec. 123. Section 331.442, subsection 3, Code 2023, is 22 amended to read as follows: 23 3. a. All elections held pursuant to this section shall 24 be held on the date specified in section 39.2, subsection 4, 25 paragraph “d” . 26 b. Notice of the election shall be given by publication as 27 specified in section 331.305 . At the election the ballot used 28 for the submission of the proposition shall be in substantially 29 the form for submitting special questions at general elections. 30 Sec. 124. Section 346.27, subsection 10, paragraph a, Code 31 2023, is amended to read as follows: 32 a. After the incorporation of an authority, and before the 33 sale of any issue of revenue bonds, except refunding bonds, the 34 authority shall submit to the voters the question of whether 35 -60- HF 718.2144.S (1) 90 mb 60/ 74

the authority shall issue and sell revenue bonds. The ballot 1 shall state the amount of the bonds and the purposes for 2 which the authority is incorporated. All registered voters 3 of the county shall be entitled to vote on the question. The 4 question may shall be submitted at an election held on a the 5 date specified in section 39.2, subsection 4 , paragraph “a” or 6 “b” , as applicable “d” . An affirmative vote of a majority of 7 the votes cast on the question is required to authorize the 8 issuance and sale of revenue bonds. 9 Sec. 125. Section 357C.10, Code 2023, is amended to read as 10 follows: 11 357C.10 Bonds in anticipation of revenue. 12 Benefited street lighting districts may anticipate the 13 collection of taxes by the levy herein provided, and to carry 14 out the purposes of this chapter may issue bonds payable 15 in not more than ten equal installments, with the rate of 16 interest thereon not exceeding that permitted by chapter 74A . 17 No indebtedness shall be incurred under this chapter until 18 authorized by an election. Such election shall be held and 19 notice given in the same manner as the election provided herein 20 for the authorization of a tax levy, and the same sixty percent 21 vote shall be necessary to authorize indebtedness. Both 22 Subject to section 39.2, subsection 4, both propositions may be 23 submitted to the voters in the same election. 24 Sec. 126. Section 357D.11, Code 2023, is amended to read as 25 follows: 26 357D.11 Bonds in anticipation of revenue. 27 A district may anticipate the collection of taxes by the 28 levy authorized in this chapter , and to carry out the purposes 29 of this chapter may issue bonds payable in not more than ten 30 equal installments with the rate of interest not exceeding 31 that permitted by chapter 74A . An indebtedness shall not be 32 incurred under this chapter until authorized by an election. 33 The election shall be held and notice given in the same manner 34 as provided in section 357D.8 , and the same sixty percent vote 35 -61- HF 718.2144.S (1) 90 mb 61/ 74

shall be necessary to authorize indebtedness. Both Subject to 1 section 39.2, subsection 4, both propositions may be submitted 2 to the voters at the same election. 3 Sec. 127. Section 357E.11, Code 2023, is amended to read as 4 follows: 5 357E.11 Bonds in anticipation of revenue. 6 A district, other than a combined district, may anticipate 7 the collection of taxes by the levy authorized in this chapter , 8 and to carry out the purposes of this chapter may issue bonds 9 payable in not more than twenty equal installments with the 10 rate of interest not exceeding that permitted by chapter 74A . 11 An indebtedness shall not be incurred under this section 12 until authorized by an election. The election shall be held 13 and notice given in the same manner as provided in section 14 357E.8 , and the same majority vote is necessary to authorize 15 indebtedness. Both Subject to section 39.2, subsection 4, 16 both propositions may be submitted to the voters at the same 17 election. 18 Sec. 128. Section 357E.11A, subsection 3, Code 2023, is 19 amended to read as follows: 20 3. Except for the issuance of refunding bonds, an 21 indebtedness shall not be incurred under this section until 22 authorized by an election. The election shall be held and 23 notice given in the same manner as provided in section 357E.8 , 24 except that a proposition to authorize indebtedness is 25 approved if sixty percent of those voting on the proposition 26 vote in favor of the proposition. A Subject to section 27 39.2, subsection 4, a proposition for the authorization 28 of indebtedness may be submitted to the voters at the same 29 election as the election under section 357E.8 . 30 Sec. 129. Section 357F.11, Code 2023, is amended to read as 31 follows: 32 357F.11 Bonds in anticipation of revenue. 33 A district may anticipate the collection of taxes authorized 34 in this chapter , and to carry out the purposes of this chapter 35 -62- HF 718.2144.S (1) 90 mb 62/ 74

may issue bonds payable in not more than ten equal installments 1 with the rate of interest not exceeding that permitted by 2 chapter 74A . An indebtedness shall not be incurred under this 3 chapter until authorized by an election. The election shall 4 be held and notice given in the same manner as provided in 5 section 357F.8 , and a sixty percent vote shall be necessary 6 to authorize indebtedness. Both Subject to section 39.2, 7 subsection 4, both propositions may be submitted to the voters 8 at the same election. 9 Sec. 130. Section 357G.11, Code 2023, is amended to read as 10 follows: 11 357G.11 Bonds in anticipation of revenue. 12 A district may anticipate the collection of taxes authorized 13 in this chapter , and to carry out the purposes of this chapter 14 may issue bonds payable in not more than ten equal installments 15 with the rate of interest not exceeding that permitted by 16 chapter 74A . An indebtedness shall not be incurred under this 17 chapter until authorized by an election. The election shall 18 be held and notice given in the same manner as provided in 19 section 357G.8 , and a sixty percent vote shall be necessary 20 to authorize indebtedness. Both Subject to section 39.2, 21 subsection 4, both propositions may be submitted to the voters 22 at the same election. 23 Sec. 131. Section 357I.12, Code 2023, is amended to read as 24 follows: 25 357I.12 Bonds in anticipation of revenue. 26 A district may anticipate the collection of taxes by the 27 levy authorized in this chapter , and to carry out the purposes 28 of this chapter may issue bonds payable in not more than ten 29 equal installments with the rate of interest not exceeding 30 that permitted by chapter 74A . An indebtedness shall not be 31 incurred under this chapter until authorized by an election. 32 The election shall be held and notice given in the same manner 33 as provided in section 357I.8 , and the same sixty percent vote 34 shall be necessary to authorize indebtedness. Both Subject to 35 -63- HF 718.2144.S (1) 90 mb 63/ 74

section 39.2, subsection 4, both propositions may be submitted 1 to the voters at the same election. 2 Sec. 132. Section 384.26, subsections 2 and 3, Code 2023, 3 are amended to read as follows: 4 2. Before the council may institute proceedings for the 5 issuance of bonds for a general corporate purpose, it shall 6 call a special city election to vote upon the question of 7 issuing the bonds. At the election the proposition must be 8 submitted in the following form: 9 Shall the ............ (insert the name of the city) issue 10 its bonds in an amount not exceeding the amount of $ .... for 11 the purpose of .......... ? 12 3. a. All elections held pursuant to this section shall 13 be held on the date specified in section 39.2, subsection 4, 14 paragraph “d” . 15 b. Notice of the election must be given by publication 16 as required by section 49.53 in a newspaper of general 17 circulation in the city. At the election the ballot used for 18 the submission of the proposition must be in substantially the 19 form for submitting special questions at general elections. 20 Sec. 133. Section 394.2, subsection 1, Code 2023, is amended 21 to read as follows: 22 1. It shall not be necessary to submit to the voters the 23 proposition of issuing bonds for refunding purposes, but prior 24 to the issuance of bonds for other purposes the council shall 25 submit to the voters of the city at a general election or a 26 regular city election on the date specified in section 39.2, 27 subsection 4, paragraph “d” , the proposition of issuing the 28 bonds. Notice of the election on the proposition of issuing 29 bonds shall be published as required by section 49.53 . The 30 notice shall also state whether or not an admission fee is to 31 be charged by the zoo or zoological gardens. 32 Sec. 134. Section 423F.4, subsection 2, paragraph b, Code 33 2023, is amended to read as follows: 34 b. For bonds subject to the requirements of paragraph 35 -64- HF 718.2144.S (1) 90 mb 64/ 74

“a” , if at any time prior to the fifteenth day following the 1 hearing, the secretary of the board of directors receives a 2 petition containing the required number of signatures and 3 asking that the question of the issuance of such bonds be 4 submitted to the voters of the school district, the board shall 5 either rescind its adoption of the resolution or direct the 6 county commissioner of elections to submit the question to the 7 registered voters of the school district at an election held on 8 a the date specified in section 39.2, subsection 4 , paragraph 9 “c” “d” . The petition must be signed by eligible electors equal 10 in number to not less than one hundred or thirty percent of 11 the number of voters at the last preceding election of school 12 officials under section 277.1 , whichever is greater. If the 13 board submits the question at an election and a majority of 14 those voting on the question favors issuance of the bonds, the 15 board shall be authorized to issue the bonds. 16 Sec. 135. IMPLEMENTATION OF ACT. Section 25B.2, subsection 17 3, shall not apply to this division of this Act. 18 Sec. 136. APPLICABILITY. This division of this Act applies 19 July 1, 2023, for elections on propositions relating to the 20 issuing of bonds or other indebtedness occurring on or after 21 that date. 22 DIVISION XIV 23 COUNTY AND CITY FINANCING 24 Sec. 137. Section 8.6, Code 2023, is amended by adding the 25 following new subsection: 26 NEW SUBSECTION . 17. County and city bond issuance. To 27 annually prepare and file with the general assembly by December 28 1 a report specifying the updated population thresholds as 29 adjusted under section 331.442, subsection 5, and section 30 384.26, subsection 5, and detailing the use of the bond 31 issuance procedures under section 331.442, subsection 5, and 32 section 384.26, subsection 5, including the usage of such 33 procedures by counties and cities based on the population-based 34 limitations and the amount of bonds issued for each such usage. 35 -65- HF 718.2144.S (1) 90 mb 65/ 74

Sec. 138. Section 331.301, subsection 10, paragraph e, 1 subparagraph (1), Code 2023, is amended to read as follows: 2 (1) (a) The board must follow substantially the 3 authorization procedures of section 331.443 to authorize 4 a lease or lease-purchase contract for personal property 5 which is payable from the general fund. The board must 6 follow substantially the authorization procedures of section 7 331.443 to authorize a lease or lease-purchase contract for 8 real property which is payable from the general fund if the 9 principal amount of the lease-purchase contract does not exceed 10 the following limits: 11 (i) Four Five hundred twenty thousand dollars in a county 12 having a population of twenty-five thousand or less. 13 (ii) Five Six hundred fifty thousand dollars in a county 14 having a population of more than twenty-five thousand but not 15 more than fifty thousand. 16 (iii) Six Seven hundred eighty thousand dollars in a county 17 having a population of more than fifty thousand but not more 18 than one hundred thousand. 19 (iv) Eight hundred One million forty thousand dollars in a 20 county having a population of more than one hundred thousand 21 but not more than two hundred thousand. 22 (v) One million three hundred thousand dollars in a county 23 having a population of more than two hundred thousand. 24 (b) However, if the principal amount of a lease or 25 lease-purchase contract pursuant to this subparagraph (1) is 26 less than twenty-five thirty-two thousand five hundred dollars, 27 the board may authorize the lease or lease-purchase contract 28 without following the authorization procedures of section 29 331.443 . 30 Sec. 139. Section 331.402, subsection 3, paragraph d, 31 subparagraph (1), subparagraph divisions (a), (b), (c), (d), 32 and (e), Code 2023, are amended to read as follows: 33 (a) Four Five hundred twenty thousand dollars in a county 34 having a population of twenty-five thousand or less. 35 -66- HF 718.2144.S (1) 90 mb 66/ 74

(b) Five Six hundred fifty thousand dollars in a county 1 having a population of more than twenty-five thousand but not 2 more than fifty thousand. 3 (c) Six Seven hundred eighty thousand dollars in a county 4 having a population of more than fifty thousand but not more 5 than one hundred thousand. 6 (d) Eight hundred One million forty thousand dollars in a 7 county having a population of more than one hundred thousand 8 but not more than two hundred thousand. 9 (e) One million three hundred thousand dollars in a county 10 having a population of more than two hundred thousand. 11 Sec. 140. Section 331.403, subsection 1, Code 2023, is 12 amended to read as follows: 13 1. Not later than December 1 of each year on forms and 14 pursuant to instructions prescribed by the department of 15 management, a county shall prepare an annual financial report 16 showing for each county fund the financial condition as of 17 June 30 and the results of operations for the year then ended. 18 Copies of the report shall be maintained as a public record at 19 the auditor’s office and shall be filed with the director of 20 the department of management and with the auditor of state by 21 December 1. A summary of the report, in a form prescribed by 22 the director, shall be published by each county not later than 23 December 1 of each year in one or more newspapers which meet 24 the requirements of section 618.14 . Beginning with the annual 25 financial report filed by December 1, 2025, each report shall 26 include a list of bonds, notes, or other obligations issued 27 by the county during the most recently completed fiscal year, 28 and the applicable lists for other fiscal years beginning on 29 or after July 1, 2024, for which obligations remain unpaid, 30 payable from any source, including the amount of the issuance, 31 the project or purpose of the issuance, whether the issuance 32 was approved at election, eligible to be subject to a petition 33 for an election, or was exempt from approval at election as 34 the result of statutory exclusions based on population of 35 -67- HF 718.2144.S (1) 90 mb 67/ 74

the county or amount of the issuance, and identification of 1 issuances from the fiscal year or prior fiscal years related 2 to the same project or purpose. 3 Sec. 141. Section 331.441, subsection 2, paragraph b, 4 subparagraph (5), subparagraph divisions (a), (b), (c), (d), 5 and (e), Code 2023, are amended to read as follows: 6 (a) Six Seven hundred eighty thousand dollars in a county 7 having a population of twenty-five thousand or less. 8 (b) Seven Nine hundred fifty seventy-five thousand dollars 9 in a county having a population of more than twenty-five 10 thousand but not more than fifty thousand. 11 (c) Nine One million one hundred seventy thousand dollars in 12 a county having a population of more than fifty thousand but 13 not more than one hundred thousand. 14 (d) One million two five hundred sixty thousand dollars in 15 a county having a population of more than one hundred thousand 16 but not more than two hundred thousand. 17 (e) One million five nine hundred fifty thousand dollars in 18 a county having a population of more than two hundred thousand. 19 Sec. 142. Section 331.442, subsection 2, paragraph a, Code 20 2023, is amended to read as follows: 21 a. The board shall publish notice of the proposal to issue 22 the bonds, including a statement of the amount and purpose 23 of the bonds , and a statement of the estimated cost of the 24 project for which the bonds are to be issued , and an estimate 25 of the annual increase in property taxes as the result of 26 the bond issuance on a residential property with an actual 27 value of one hundred thousand dollars . The notice shall be 28 published as provided in section 331.305 with the minutes of 29 the meeting at which the board adopts a resolution to call a 30 county special election to vote upon the question of issuing 31 the bonds. The cost of the project, as published in the notice 32 pursuant to this paragraph, is an estimate and is not intended 33 to be binding on the board in later proceedings related to the 34 project. 35 -68- HF 718.2144.S (1) 90 mb 68/ 74

Sec. 143. Section 331.442, subsection 5, paragraph a, 1 unnumbered paragraph 1, Code 2023, is amended to read as 2 follows: 3 Notwithstanding subsection 2 , a board, in lieu of calling 4 an election, may institute proceedings for the issuance of 5 bonds for a general county purpose by causing a notice of the 6 proposal to issue the bonds, including a statement of the 7 amount and purpose of the bonds, and the right to petition for 8 an election, to be published as provided in section 331.305 at 9 least ten days prior to the meeting at which it is proposed 10 to take action for the issuance of the bonds subject to the 11 following population-based limitations , adjusted and published 12 annually in January by the department of management by applying 13 the percentage change in the consumer price index for all 14 urban consumers for the most recent available twelve-month 15 period published in the federal register by the United States 16 department of labor, bureau of labor statistics : 17 Sec. 144. Section 331.442, subsection 5, paragraph a, 18 subparagraphs (1), (2), and (3), Code 2023, are amended to read 19 as follows: 20 (1) In counties having a population of twenty thousand or 21 less, in an amount of not more than one hundred thirty thousand 22 dollars. 23 (2) In counties having a population of over twenty thousand 24 and not over fifty thousand, in an amount of not more than two 25 hundred sixty thousand dollars. 26 (3) In counties having a population of over fifty thousand, 27 in an amount of not more than three hundred ninety thousand 28 dollars. 29 Sec. 145. Section 331.442, subsection 5, Code 2023, is 30 amended by adding the following new paragraph: 31 NEW PARAGRAPH . 0b. Each county’s population used to 32 determine the limitations of paragraph “a” shall be determined 33 by the greater of the county’s population during the most 34 recent federal decennial census or the most recent population 35 -69- HF 718.2144.S (1) 90 mb 69/ 74

estimate produced by the United States census bureau. 1 Sec. 146. Section 331.443, subsection 2, Code 2023, is 2 amended to read as follows: 3 2. Before the board may institute proceedings for the 4 issuance of bonds for an essential county purpose, a notice 5 of the proposed action, including a statement of the amount 6 and purposes of the bonds, an estimate of the annual increase 7 in property taxes as the result of the bond issuance on a 8 residential property with an actual value of one hundred 9 thousand dollars, and the time and place of the meeting at 10 which the board proposes to take action for the issuance of the 11 bonds, shall be published as provided in section 331.305 . At 12 the meeting, the board shall receive oral or written objections 13 from any resident or property owner of the county. After 14 all objections have been received and considered, the board, 15 at that meeting or a date to which it is adjourned, may take 16 additional action for the issuance of the bonds or abandon the 17 proposal to issue the bonds. Any resident or property owner 18 of the county may appeal the decision of the board to take 19 additional action to the district court of the county, within 20 fifteen days after the additional action is taken, but the 21 additional action of the board is final and conclusive unless 22 the court finds that the board exceeded its authority. The 23 provisions of this subsection with respect to notice, hearing, 24 and appeal, are in lieu of any other law. 25 Sec. 147. Section 384.22, subsection 1, Code 2023, is 26 amended to read as follows: 27 1. Not later than December 1 of each year, a city shall 28 publish an annual financial report as provided in section 29 362.3 containing a summary for the preceding fiscal year of 30 all collections and receipts, all accounts due the city, 31 and all expenditures, the current public debt of the city, 32 and the legal debt limit of the city for the current fiscal 33 year. The annual financial report shall be prepared on forms 34 and pursuant to instructions prescribed by the auditor of 35 -70- HF 718.2144.S (1) 90 mb 70/ 74

state. Beginning with the annual financial report published by 1 December 1, 2025, each report shall include a list of bonds, 2 notes, or other obligations issued by the city during the most 3 recently completed fiscal year, and the applicable lists for 4 other fiscal years beginning on or after July 1, 2024, for 5 which obligations remain unpaid, payable from any source, 6 including the amount of the issuance, the project or purpose of 7 the issuance, whether the issuance was approved at election, 8 eligible to be subject to a petition for an election, or was 9 exempt from approval at election as the result of statutory 10 exclusions based on population of the city or amount of the 11 issuance, and identification of issuances from the fiscal year 12 or prior fiscal years related to the same project or purpose. 13 Sec. 148. Section 384.24A, subsection 4, paragraph a, 14 subparagraphs (1), (2), and (3), Code 2023, are amended to read 15 as follows: 16 (1) Four Five hundred twenty thousand dollars in a city 17 having a population of five thousand or less. 18 (2) Seven Nine hundred ten thousand dollars in a city having 19 a population of more than five thousand but not more than 20 seventy-five thousand. 21 (3) One million three hundred thousand dollars in a city 22 having a population of more than seventy-five thousand. 23 Sec. 149. Section 384.25, subsection 2, Code 2023, is 24 amended to read as follows: 25 2. Before the council may institute proceedings for the 26 issuance of bonds for an essential corporate purpose, a notice 27 of the proposed action, including a statement of the amount 28 and purposes of the bonds, and an estimate of the annual 29 increase in property taxes as the result of the bond issuance 30 on a residential property with an actual value of one hundred 31 thousand dollars, and the time and place of the meeting at 32 which the council proposes to take action for the issuance of 33 the bonds, must be published as provided in section 362.3 . 34 At the meeting, the council shall receive oral or written 35 -71- HF 718.2144.S (1) 90 mb 71/ 74

objections from any resident or property owner of the city. 1 After all objections have been received and considered, the 2 council may, at that meeting or any adjournment thereof, take 3 additional action for the issuance of the bonds or abandon the 4 proposal to issue the bonds. Any resident or property owner 5 of the city may appeal the decision of the council to take 6 additional action to the district court of the county in which 7 any part of the city is located, within fifteen days after the 8 additional action is taken, but the additional action of the 9 council is final and conclusive unless the court finds that 10 the council exceeded its authority. The provisions of this 11 subsection with respect to notice, hearing, and appeal, are in 12 lieu of the provisions contained in chapter 73A , or any other 13 law. 14 Sec. 150. Section 384.26, subsection 2, Code 2023, is 15 amended to read as follows: 16 2. a. The board shall publish notice of the proposal 17 to issue the bonds, including a statement of the amount and 18 purpose of the bonds, a statement of the estimated cost of the 19 project for which the bonds are to be issued, and an estimate 20 of the annual increase in property taxes as the result of 21 the bond issuance on a residential property with an actual 22 value of one hundred thousand dollars. The notice shall be 23 published as provided in section 362.3 with the minutes of 24 the meeting at which the council adopts a resolution to call 25 a special election to vote upon the question of issuing the 26 bonds. The cost of the project, as published in the notice 27 pursuant to this paragraph, is an estimate and is not intended 28 to be binding on the board in later proceedings related to the 29 project. 30 b. Before the council may institute proceedings for the 31 issuance of bonds for a general corporate purpose, it shall 32 call a special city election to vote upon the question of 33 issuing the bonds. At the election the proposition must be 34 submitted in the following form: 35 -72- HF 718.2144.S (1) 90 mb 72/ 74

Shall the ............ (insert the name of the city) issue 1 its bonds in an amount not exceeding the amount of $ .... for 2 the purpose of .......... ? 3 Sec. 151. Section 384.26, subsection 5, paragraph a, 4 unnumbered paragraph 1, Code 2023, is amended to read as 5 follows: 6 Notwithstanding the provisions of subsection 2 , a council 7 may, in lieu of calling an election, institute proceedings 8 for the issuance of bonds for a general corporate purpose by 9 causing a notice of the proposal to issue the bonds, including 10 a statement of the amount and purpose of the bonds, together 11 with the maximum rate of interest which the bonds are to bear, 12 and the right to petition for an election, to be published at 13 least once in a newspaper of general circulation within the 14 city at least ten days prior to the meeting at which it is 15 proposed to take action for the issuance of the bonds subject 16 to the following population-based limitations , adjusted and 17 published annually in January by the department of management 18 by applying the percentage change in the consumer price 19 index for all urban consumers for the most recent available 20 twelve-month period published in the federal register by the 21 United States department of labor, bureau of labor statistics : 22 Sec. 152. Section 384.26, subsection 5, paragraph a, 23 subparagraphs (1), (2), and (3), Code 2023, are amended to read 24 as follows: 25 (1) In cities having a population of five thousand or less, 26 in an amount of not more than four five hundred twenty thousand 27 dollars. 28 (2) In cities having a population of more than five thousand 29 and not more than seventy-five thousand, in an amount of not 30 more than seven nine hundred ten thousand dollars. 31 (3) In cities having a population in excess of seventy-five 32 thousand, in an amount of not more than one million three 33 hundred thousand dollars. 34 Sec. 153. Section 384.26, subsection 5, Code 2023, is 35 -73- HF 718.2144.S (1) 90 mb 73/ 74

amended by adding the following new paragraph: 1 NEW PARAGRAPH . 0b. Each city’s population used to determine 2 the limitations of paragraph “a” shall be determined by the 3 greater of the city’s population during the most recent 4 federal decennial census or the most recent population estimate 5 produced by the United States census bureau. 6 Sec. 154. EFFECTIVE DATE. This division of this Act takes 7 effect July 1, 2024. > 8 2. Title page, by striking lines 1 through 5 and inserting 9 < An Act relating to local government property taxes, financial 10 authority, operations, and budgets, modifying certain 11 transit funding, property tax credits and exemptions, and 12 appropriations, requiring certain information related to 13 property taxation to be provided to property owners and 14 taxpayers, modifying provisions relating to fees for driver’s 15 licenses and nonoperator’s identification cards, modifying 16 provisions relating to certain writing fees, modifying certain 17 bonding procedures, making penalties applicable, and including 18 effective date, applicability, and retroactive applicability 19 provisions. > 20 -74- HF 718.2144.S (1) 90 mb 74/ 74