This bill amends current Iowa law to prohibit both cities and counties from assessing or collecting franchise fees starting July 1, 2025. Specifically, it introduces a new subsection to Section 331.301 that explicitly states counties shall not impose franchise fees. Additionally, it modifies Section 364.2 to indicate that cities will also be barred from assessing any franchise fees related to franchises granted by the city after the specified date.

Furthermore, the bill amends Section 480A.6 to clarify that for fiscal years beginning before July 1, 2025, cities that collect franchise fees under existing or future franchises cannot also collect fees under a different section. Overall, the legislation aims to eliminate the financial burden of franchise fees on both residents and businesses within cities and counties in Iowa.

Statutes affected:
Introduced: 331.301, 364.2, 480A.6