This bill allocates state funds from the Rebuild Iowa Infrastructure Fund and Technology Reinvestment Fund for fiscal year 2026-2027 to various departments and agencies. The appropriations include money for water quality demonstration projects on agricultural land, facility repairs at the Department for the Blind building, air conditioning installation at two correctional facilities, and grants for tourism, sports venues, and community development projects. The bill also designates specific amounts for updating agricultural nitrogen modeling systems and supports education and outreach programs related to environmental conservation practices.
This bill modifies Iowa's education savings account program by expanding eligibility for nonpublic school students based on household income levels over a three-year period. Starting in 2027, families earning up to 400% of the federal poverty guidelines qualify for the program, with eligibility tightening to 300% of the poverty threshold by 2028. The legislation also adjusts how school districts calculate funding costs for various teacher and professional development supplements by including ESA payments in enrollment counts. The education savings account program is scheduled to be completely repealed on July 1, 2029, with related funding calculations taking effect in 2030.
This bill establishes a regulatory and tax framework for event-driven contracts traded on digital markets within Iowa. It requires any company operating such markets in the state to obtain a permit from the Department of Revenue, with an initial fee of $20 million and annual renewal fees of $100,000. The law imposes a 20% tax on adjusted revenues from these contracts, which are defined as financial derivatives with fixed payouts based on specific outcomes like sports events, elections, or economic indicators. Money earned by traders from these contracts is treated as Iowa earned income subject to state and federal income tax withholding. All tax revenues collected under this program go to the state's general fund.
This Iowa bill requires state agencies to regularly review and evaluate their buildings to identify underutilized properties, defined as those with occupancy rates below 50% or where operating costs exceed market value. Agencies must begin disposing of identified underutilized buildings within 60 days unless they submit a written justification to the legislative council explaining mission necessity and demonstrating that retention costs are lower than leasing alternatives. The legislative council can reject retention requests by majority vote, and any net proceeds from selling these properties will be split equally between the state's general fund and a dedicated infrastructure rebuilding fund.
This bill establishes a new property tax framework for Iowa counties that takes effect between 2024 and 2028, setting minimum tax rates for both general and rural county services. The legislation requires counties to collect at least 101.5% of current property tax revenue for budget years starting in 2028, while also allowing adjustments based on changes in the consumer price index to account for inflation. Counties must choose between meeting a fixed dollar amount per thousand dollars of assessed value or maintaining a specific percentage increase in tax revenue, whichever is greater. The bill also includes provisions that limit tax rate increases if property assessments rise significantly, ensuring that tax burdens do not grow faster than property values.
This bill creates a new state tax on health maintenance organizations in Iowa, requiring them to pay a percentage of their taxable funds to a newly established Medicaid managed care organization premiums health care tax fund. The tax rate starts at 3.5% for the first nine months of 2026, then drops to 0.95% for the remainder of that year and all subsequent years. Organizations must make prepayments based on prior year earnings and face potential license suspension for non-payment. The bill also allows insurers to offset certain assessments against this new tax liability and includes provisions for tax refunds and examination periods.
This Iowa bill modifies property tax rules and budget limits for state and local governments, affecting cities, counties, and other public entities that levy property taxes. It establishes a new cap on general fund reserves, limiting unassigned funds to 35% of prior year expenditures starting in fiscal year 2027, and creates a new property tax levy limit that allows annual increases of up to 102% for existing property valuations. The legislation also updates audit requirements for local governments, clarifies how unliquidated obligations are recorded, and excludes school districts from certain reserve and levy limitation provisions.
This bill appropriates state funds to the Iowa Department of Agriculture and Land Stewardship for the 2026-2027 fiscal year to support its administrative operations, regulatory programs, and specific initiatives. The legislation allocates money for various programs including dairy regulation, local food and farm support, agricultural education, foreign animal disease preparedness, and assistance for farmers with disabilities. It also establishes reporting requirements for fund expenditures and creates cost-sharing agreements with Iowa State University of Science and Technology for certain programs. The bill designates specific funding sources for different purposes, such as unclaimed pari-mutuel wagering winnings for horse and dog racing enforcement and renewable fuel infrastructure funds for motor fuel inspection.
This bill creates a new health care-related tax on health maintenance organizations operating in Iowa, directing the collected funds to a new Medicaid managed care organization premiums health care tax fund. The tax rate starts at 3.5% for the first nine months of 2026 before dropping to 0.95% for the remainder of that year and continuing at that lower rate in subsequent years. Health maintenance organizations must pay the tax annually by March 1 and can make prepayments throughout the year to offset their liability. The legislation also includes provisions for tax refunds, penalties for late payments, and allows insurers to offset certain assessments against their tax liability.
This bill allocates state funding to the Iowa Department of Justice and related agencies for the 2026-2027 fiscal year, primarily supporting the attorney general's office, victim assistance programs, legal services for low-income individuals, and correctional facilities. Key provisions include specific funding amounts for victim compensation grants, cybersecurity improvements, and the hiring of additional staff such as program planners and human trafficking training instructors. The legislation also requires the department to report on non-state funding sources and mandates reimbursement for law enforcement academy training costs. Additionally, it directs unappropriated antitrust and consumer education funds to the department of justice for operational expenses.
