This bill establishes a process for volunteer emergency services providers in Iowa to petition for the abatement of property taxes on their homesteads. To qualify, a provider must have served for at least five years, earn less than $5,000 annually from their volunteer service, and maintain good standing with their volunteer agency. The petition must be filed with the county board of supervisors by October 31, and it requires certification from the chief officer of the volunteer agency. If the board determines that the criteria are met, the abatement will apply to all applicable taxes and special assessments, except for those that have received objections from taxing authorities.

The bill outlines specific limits on the amount of tax abatement that can be granted. For providers with less than ten years of service, the abatement is capped at 10% of the taxes due, not exceeding $500. For those with ten or more years of service, the abatement can continue for the remainder of their life, also capped at $500 per year, provided their homestead remains in the local service area. The bill takes effect immediately upon enactment and applies to property taxes due in fiscal years starting on or after July 1, 2026.