Iowa legislators stick to a schedule in order to help give new legislation a fair shot at being heard while making sure that ideas that aren’t well-supported don’t live on forever. This schedule is important because bills that don’t make it through the “funnel” are most likely dead for the legislative session. The following are key dates [...]
Today (January 9) marks the start of the 2012 Iowa Legislative Session. As we have reported previously, property tax reform promises to be one of several key issues discussed during this year’s session. Governor Branstad has publicly stated his intention to make property tax reform a key piece of legislation this year, and the governor’s [...]
The 2012 legislative session is just a few weeks away, but already proposals on how to best modify Iowa’s current property tax structure are starting to take shape. The focus has been on providing commericial property tax relief, which legislators say will make Iowa a more attractive place to do business, thereby helping businesses to add [...]
The 2011 Iowa Legislative Session ended on Thursday, June 30, 2011. Legislators failed to come to an agreement on changing Iowa’s property tax structure, but vowed to make property tax reform a key issue in the 2012 session. View a list of session accomplishments by party priority from the Des Moines Register Commentary on property [...]
Iowa Legislators in the House and Senate have reached a tentative deal that may bring an end to the 2011 legislative session. The proposed deal includes additional spending for public safety programs, reconfiguration of the Iowa Department of Economic Development, and regulation of so-called “bath salt” drugs. However, at this point there has been no [...]
The Iowa property tax is primarily a tax on “real property,” which is mostly land, buildings, structures, and other improvements that are constructed on or in the land, attached to the land, or placed upon a foundation. The following five classes of real property are evaluated: residential, agricultural, commercial, industrial, and utilities/railroad. All real property [...]
Legislators in the Iowa House and Senate are still in disagreement as to what should be done to reduce commercial property taxes. Republicans in the House have suggested that commercial property taxes be cut by 40% over the next 5 years, while limiting the amount of lost revenue from property taxes that cities and counties [...]
The Des Moines Register published a lengthy blog post on its website today providing an overview of bills that have been introduced in the Iowa Legislature this year. According to the Register’s blog post, the following bills specific to property owners are still “alive” and active for debate in the legislature: Tax breaks for businesses [...]
There is approximately 1 month left of the Iowa 2011 legislative session. The associated press reports that thus far the following bills have been signed by Governor Branstad: A supplemental spending bill Two technical measures dealing with corporate regulations A resolution calling for a statute honoring Norman Borlaug A measure legalizing the hunting of mourning [...]
We had a question recently from a visitor to the IPOA website who asked about how renting a townhouse affects the property values of other units. We were unable to find specific numbers that provided evidence of a reduction in property values when some of the owners in a condo or townhouse complex rent their [...]
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