This bill amends the individual property tax statements that are mailed to property owners and taxpayers in Iowa. Starting with budgets for fiscal years beginning on or after July 1, 2026, the property tax statements will include a new comparison of the current fiscal year's property taxes due and the estimated property taxes due for the upcoming budget year, along with the percentage change between these amounts.
Additionally, the bill introduces a provision that extends the deadlines for political subdivisions to file necessary reports and for county auditors to mail property tax statements by 15 days if the state percentage of growth for the applicable fiscal year is enacted after March 1. This aims to ensure that property tax statements reflect the most current information available.
Statutes affected: Introduced: 24.2A