This bill proposes various modifications to Iowa's tax administration laws, focusing on personal income, property, sales and use, motor fuel, and inheritance taxes. Key provisions include allowing the Department of Revenue to disclose state tax information to law enforcement in cases of tax evasion or criminal activity, as well as updating confidentiality language for tax returns. The bill also introduces tax expenditure reviews, adjusts filing deadlines for electric fuel tax, and clarifies inheritance tax provisions, particularly for educational savings plans. Significant amendments include the removal of certain subsections and the insertion of new language regarding sales tax treatment for building materials and tax refund conditions.

Additionally, the bill establishes new regulations for data center businesses and animal care organizations, including annual reporting requirements and tax exemption processes. It creates an "Animal Care Organization Fund" to support no-kill shelters, funded through income tax checkoffs. The bill also revises property tax and sales tax regulations, eliminating the annual reporting requirement for taxpayer noncompliance and modifying eligibility for property tax refunds. Notably, it repeals the inheritance tax for estates of decedents dying on or after January 1, 2025, and raises the estimated tax payment threshold. Overall, the bill aims to enhance tax administration efficiency, compliance, and support for animal care initiatives.

Statutes affected:
Introduced: 421.19, 422.20, 8G.4, 422.75, 421.60, 445.60, 422.7, 422.25C, 422.25, 423.36, 452A.3, 452A.33, 452A.15, 452A.41, 452A.44, 12D.9, 450.4, 321.47, 321.20, 331.756, 421.27, 422.14, 496C.14, 524.805, 541A.2, 633.21, 633.31, 450.22, 633.356, 633.361, 633.365, 633.399, 633.477, 633.479, 633.481, 654.16, 450.24, 422.16, 2.48, 476.46A, 423.3, 423.4, 423.43, 423.5