A bill for an act relating to state and local government taxes, fees, financial authority, and budgets, modifying divisions of revenue, modifying appropriations, and including effective date, applicability, and retroactive applicability provisions.

SSB 3001 modifies Iowa county property tax rates for general and rural services. It sets a base rate of $3.50 per $1,000 assessed value for general county services (effective 2024-2027) and $3.95 for rural services, with adjustments tied to inflation using the Consumer Price Index (CPI). The bill requires counties to maintain tax revenue at 101.5% of the prior year's actual levy, while allowing rates to adjust if assessed property values grow by over 2% annually. This directly affects all Iowa counties collecting property taxes for local services, with changes applying to fiscal years starting July 1, 2024, through 2028.