Iowa HF 2223: A bill for an act limiting political contributions from out-of-state sources, and making penalties applicable.

Bill Text

House
File
2223
-
Introduced

HOUSE
FILE
2223

BY
JACOBY
,
B.
MEYER
,
LEVIN
,

WILBURN
,
WICHTENDAHL
,

McBURNEY
,
BAGNIEWSKI
,

MATSON
,
OLSON
,
GOSA
,

BROWN-POWERS
,
EHLERT
,

COOLING
,
GAINES
,
WILSON
,

KRESSIG
,
and
GJERDE

A
BILL
FOR

An
Act
relating
to
local
and
state
government
finances
by
1

modifying
provisions
relating
to
homestead
property
tax
2

credits,
providing
a
residential
property
tax
rebate,
3

modifying
provisions
relating
to
retirement
systems,
making
4

appropriations,
and
including
applicability
provisions.
5

BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
6

TLSB
5443YH
(10)
91

md/jh

H.F.
2223

DIVISION
I
1

ADDITIONAL
HOMESTEAD
PROPERTY
TAX
CREDIT
2

Section
1.
Section
425.17,
subsection
2,
paragraph
a,
Code
3

2026,
is
amended
by
adding
the
following
new
subparagraph:
4

NEW
SUBPARAGRAPH
.
(4)
A
person
filing
a
claim
for
credit
5

under
this
subchapter
who
has
attained
the
age
of
eighteen
6

years
on
or
before
December
31
of
the
base
year,
is
domiciled
7

in
this
state
at
the
time
the
claim
is
filed
or
at
the
time
8

of
the
person’s
death
in
the
case
of
a
claim
filed
by
the
9

executor
or
administrator
of
the
claimant’s
estate,
and
10

if
the
homestead’s
actual
value
did
not
increase
for
the
11

applicable
assessment
year
as
the
result
of
new
construction,
12

improvements,
or
renovations
to
the
property,
beyond
necessary
13

repairs.
14

Sec.
2.
Section
425.23,
subsection
1,
Code
2026,
is
amended
15

by
adding
the
following
new
paragraph:
16

NEW
PARAGRAPH

.
d.
The
tentative
credit
for
a
claimant
17

described
in
section
425.17,
subsection
2,
paragraph
“a”
,
18

subparagraph
(4),
shall
be
the
difference
between
the
actual
19

amount
of
property
taxes
due
on
the
homestead
during
the
20

fiscal
year
next
following
the
base
year
minus
one
hundred
21

four
percent
of
the
actual
amount
of
property
taxes
due
on
the
22

homestead
during
the
fiscal
year
immediately
preceding
such
23

fiscal
year,
but
not
less
than
zero,
if
the
property
taxes
due
24

on
the
homestead
for
both
such
fiscal
years
were
calculated
on
25

an
assessed
valuation
that
was
not
a
partial
assessment.
26

Sec.
3.
IMPLEMENTATION
OF
ACT.
Section
25B.7
shall
not
27

apply
to
this
division
of
this
Act.
28

Sec.
4.
APPLICABILITY.
This
division
of
this
Act
applies
29

to
property
taxes
due
and
payable
in
fiscal
years
beginning
on
30

or
after
July
1,
2027.
31

DIVISION
II

32

HOMESTEAD
CREDIT
AMOUNT

33

Sec.
5.
Section
425.1,
subsection
2,
Code
2026,
is
amended

34

to
read
as
follows:
35

-1-

LSB
5443YH
(10)
91

md/jh

1/
12

H.F.
2223

2.
The
homestead
credit
fund
shall
be
apportioned
each
1

year
so
as
to
give
a
credit
against
the
tax
on
each
eligible
2

homestead
in
the
state
in
an
amount
equal
to
the
actual
levy
on
3

the
first
four
thousand
eight
hundred
fifty

fourteen
thousand
4

five
hundred
fifty

dollars
of
actual
value
for
each
homestead.
5

Sec.
6.
APPLICABILITY.
This
division
of
this
Act
applies
6

to
property
taxes
due
and
payable
in
fiscal
years
beginning
on
7

or
after
July
1,
2027.
8

DIVISION
III
9

ELDERLY
ADDITIONAL
HOMESTEAD
PROPERTY
TAX
CREDIT
10

Sec.
7.
Section
25B.7,
subsection
2,
paragraph
b,
Code
2026,
11

is
amended
to
read
as
follows:
12

b.
Low-income
property
tax
credit
and
elderly
and
disabled
13

property
tax
credit
pursuant
to
sections
425.16
through
425.40
,

14

subject
to
the
limitation
of
section
425.39,
subsection
1
,
15

paragraph
“b”
.
16

Sec.
8.
Section
425.17,
subsection
2,
paragraph
a,
Code
17

2026,
is
amended
to
read
as
follows:
18

a.
“Claimant”
means
any
of
the
following:
19

(1)
A
person
filing
a
claim
for
credit
under

this
subchapter
20

who
has
attained
the
age
of
sixty-five
years
but
who
has

21

not
attained
the
age
of
seventy
years
on
or
before
December
22

31
of
the
base
year,
a

person
filing
a
claim
for
credit
or
23

reimbursement
under
this
subchapter
who
is
totally
disabled
24

and
was
totally
disabled
on
or
before
December
31
of
the
base
25

year,
or
a
person
filing
a
claim
for
reimbursement
under
this
26

subchapter
who
has
attained
the
age
of
sixty-five
years
on
or
27

before
December
31
of
the
base
year
and
who
is
domiciled
in
28

this
state
at
the
time
the
claim
is
filed
or
at
the
time
of
the
29

person’s
death
in
the
case
of
a
claim
filed
by
the
executor
or
30

administrator
of
the
claimant’s
estate.
31

(2)
A
person
filing
a
claim
for
credit
or
reimbursement
32

under
this
subchapter
who
has
attained
the
age
of
twenty-three
33

years
on
or
before
December
31
of
the
base
year
or
was
a
head
34

of
household
on
December
31
of
the
base
year,
as
defined
in
35

-2-

LSB
5443YH
(10)
91

md/jh

2/
12

H.F.
2223

the
Internal
Revenue
Code,
but
has
not
attained
the
age
or
1

disability
status
described
in
subparagraph
(1)
or
the
age
2

status
and
eligibility
criteria

of
subparagraph
(3),
and
is
3

domiciled
in
this
state
at
the
time
the
claim
is
filed
or
at
the
4

time
of
the
person’s
death
in
the
case
of
a
claim
filed
by
the
5

executor
or
admi