Bill Text: IA HF235 | 2025-2026 | 91st General Assembly | Introduced
Bill Title: A bill for an act modifying the general and rural county services levy rate limitation for fiscal years beginning on or after July 1, 2026.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-02-06 - Introduced, referred to Ways and Means. H.J. 257. [HF235 Detail]
Download: Iowa-2025-HF235-Introduced.html
House
File
235
-
Introduced
HOUSE
FILE
235
BY
STONE
A
BILL
FOR
An
Act
modifying
the
general
and
rural
county
services
levy
1
rate
limitation
for
fiscal
years
beginning
on
or
after
July
2
1,
2026.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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235
Section
1.
Section
331.423,
subsection
1,
Code
2025,
is
1
amended
by
adding
the
following
new
paragraph:
2
NEW
PARAGRAPH
.
d.
(1)
Notwithstanding
the
limitations
3
under
paragraphs
“b”
and
“c”
,
for
fiscal
years
beginning
4
on
or
after
July
1,
2026,
if
the
total
assessed
value
used
5
to
calculate
taxes
for
general
county
services
under
this
6
subsection
for
the
budget
year
is
equal
to
or
less
than
7
one
hundred
one
percent
of
the
total
assessed
value
used
to
8
calculate
taxes
for
general
county
services
for
the
current
9
fiscal
year,
the
levy
rate
under
this
subsection
may
be
10
increased
up
to
a
rate
per
thousand
dollars
of
assessed
11
value
used
to
calculate
taxes
that
is
equal
to
one
thousand
12
multiplied
by
the
quotient
of
one
hundred
three
percent
of
the
13
current
fiscal
year’s
actual
property
tax
dollars
certified
14
for
levy
under
this
subsection
1
divided
by
the
total
assessed
15
value
used
to
calculate
such
taxes
for
the
budget
year.
16
(2)
A
general
county
basic
levy
rate
shall
only
be
adjusted
17
under
this
paragraph
one
time
for
one
fiscal
year
for
each
18
county.
19
Sec.
2.
Section
331.423,
subsection
2,
Code
2025,
is
amended
20
by
adding
the
following
new
paragraph:
21
NEW
PARAGRAPH
.
d.
(1)
Notwithstanding
the
limitations
22
under
paragraphs
“b”
and
“c”
,
for
fiscal
years
beginning
on
23
or
after
July
1,
2026,
if
the
total
assessed
value
used
to
24
calculate
taxes
for
rural
county
services
under
this
subsection
25
for
the
budget
year
is
equal
to
or
less
than
one
hundred
one
26
percent
of
the
total
assessed
value
used
to
calculate
taxes
27
for
rural
county
services
for
the
current
fiscal
year,
the
28
levy
rate
under
this
subsection
may
be
increased
up
to
a
rate
29
per
thousand
dollars
of
assessed
value
used
to
calculate
taxes
30
that
is
equal
to
one
thousand
multiplied
by
the
quotient
of
31
one
hundred
three
percent
of
the
current
fiscal
year’s
actual
32
property
tax
dollars
certified
for
levy
under
this
subsection
33
2
divided
by
the
total
assessed
value
used
to
calculate
such
34
taxes
for
the
budget
year.
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(2)
A
rural
county
basic
levy
rate
shall
only
be
adjusted
1
under
this
paragraph
one
time
for
one
fiscal
year
for
each
2
county.
3
EXPLANATION
4
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
5
the
explanation’s
substance
by
the
members
of
the
general
assembly.
6
This
bill
modifies
the
general
and
rural
county
services
7
levy
rate
limitation
for
fiscal
years
beginning
on
or
after
8
July
1,
2026.
9
Under
the
bill,
the
general
county
services
levy
rate
may
10
be
increased
if
the
total
assessed
value
for
the
budget
year
11
is
equal
to
or
less
than
101
percent
of
the
total
assessed
12
value
use
to
calculate
taxes
for
the
current
fiscal
year.
The
13
general
county
services
rate
may
be
increased
up
to
a
rate
per
14
$1,000
of
assessed
value
that
is
equal
to
1,000
multiplied
by
15
the
quotient
of
103
percent
of
the
current
fiscal
year’s
actual
16
property
tax
dollars
certified
for
levy
divided
by
the
total
17
assessed
value
used
to
calculate
such
taxes
for
the
budget
18
year.
19
The
rural
county
basic
levy
rate
may
be
similarly
adjusted
20
under
the
bill.
21
The
bill
specifies
a
general
or
rural
county
services
levy
22
rate
may
only
be
adjusted
one
time
for
one
fiscal
year.
23
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