HSB 228 (LSB 1218YC (2) 91)

HOUSE FILE _____ 

BY  (PROPOSED COMMITTEE ON WAYS AND MEANS BILL BY CHAIRPERSON KAUFMANN)

A BILL FOR

An Act modifying individual property tax statements mailed to owners and taxpayers.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 24.2A, subsection 2, paragraph b, Code 2025, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (07)  For budgets for fiscal years beginning on or after July 1, 2026, a comparison of the amount of property taxes due on the owner’s or taxpayer’s property for the current fiscal year and the estimate of the proposed amount of property taxes due on the owner’s or taxpayer’s property for the budget year, including the percentage in change in such amounts.
    Sec. 2.  Section 24.2A, subsection 2, Code 2025, is amended by adding the following new paragraph:
   NEW PARAGRAPH.  c.  Notwithstanding deadlines under paragraphs “a” and “b”, if the state percentage of growth for the applicable fiscal year under section 257.8 is enacted after March 1, the deadlines for each political subdivision under paragraphs “a” and “b” shall be extended by fifteen days after enactment of the state percentage of growth. 
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill modifies individual property tax and budget statements mailed to owners and taxpayers under Code section 24.2A.
   For budgets for fiscal years beginning on or after July 1, 2026, the individual property tax statements mailed to owners and taxpayers shall contain a comparison of the amount of property taxes due on the owner’s or taxpayer’s property for the current fiscal year and the estimate of the proposed amount of property taxes due on the owner’s or taxpayer’s property for the budget year, including the percentage change in such amounts.
   If the state percentage of growth for the applicable fiscal year under Code section 257.8 is enacted after March 1, the deadline for each political subdivision to file the report with the department of management containing all necessary information for the individual property tax statements and the deadline for the county auditor to mail such statements are extended by 15 days after the enactment of the state percentage of growth.