Property Tax Movement in the Senate

Good news for Iowa homeowners: this week, the Iowa Senate took a step in the direction toward property tax reform and bringing relief to homeowners across Iowa.

What SF 2472 Aims to Do

SF 2472 is a wide-ranging and ambitious bill that aims to overhaul the state’s property tax system. It touches on local revenue growth, public school funding, homestead exemptions, seniors, and more. 

It’s important to note that while this is a positive step forward, this is not the final product. The House is running a separate bill that includes elements from the governor’s initial proposal. The Senate and House will need to negotiate a compromise between the two pieces of legislation. But this is progress. 

Keeping the Focus on Homeowners

This is not a perfect bill, but it does prioritize homeowners over corporations. We will continue to work with the majority party to ensure that any reform is targeted toward the middle class and Iowans on fixed income, while allowing our communities to continue providing the essential services on which Iowans rely.

SF 2472 passed the Senate by a vote of 41-4.