This bill establishes regulations regarding storm water drainage system service charges imposed by counties, cities, and intergovernmental entities in Iowa. It sets a maximum allowable increase for these rates at either 102% of the previous year's rates or the percentage increase in the consumer price index for the Midwest region, whichever is lower. Additionally, any planned increases for debt repayment incurred before July 1, 2025, are excluded from these limits. If the proposed rate increases exceed the established limits, they must be approved by voters in a general election, and any excess charges collected prior to the election must be refunded if the increase is not approved.

Furthermore, the bill introduces exemptions from storm water drainage service charges for properties that retain at least 1.5 inches of standing water during a billing cycle or contain a retention pond that meets specific environmental standards. These provisions aim to alleviate financial burdens on property owners affected by storm water issues while ensuring that rate increases remain manageable and subject to public approval.

Statutes affected:
Introduced: 331.465, 331.461, 358C.15, 384.84