ITA Bill Watch - Iowa Taxpayers Association

ITA Bill Watch

Following are the bills ITA is watching

Updated May 14, 2018

Bill Number:  

SF2417

SSB3195 / HSB671

 
Topic Category:   Income Tax  
Summary:  

A bill for an act relating to state and local revenue and finance by modifying the income taxes, the sales and use taxes and local option sales tax, the hotel and motel excise tax, the automobile rental excise tax, the Iowa educational savings plan trust, and the disabilities expenses savings plan trust, making penalties applicable, and including immediate effective date and retroactive and other applicability provisions.

Companion bill - SSB3195

Side by Side Comparison to SF2383

 
Iowa Senate:  

Subcommittee: Feenstra, Dawson, Breitbach, Jochum and Bolkcom

Floor Manager: Feenstra

Floor Passed: 28-20

Iowa House:  

Subcommittee: Cownie, Windschitl, Pettengill, Prichard and Forbes

Floor Manager: Cownie

Committee Passed 13-10-2

Floor Passed 54-32

 
Governor:   Awaiting signature  
Position:   Undecided: The bill is a good start and has a baseline to work from. However, will continue to work to include corporate taxes, lower rates, conformity, etc.  
       
       
Bill Number:   HF2478  
Topic Category:   Sales Tax  
Summary:   A bill for an act amending the sales tax imposed on certain machinery, equipment, attachments and replacement parts used in construction.  
Iowa Senate:  

Floor Manager: Feenstra

Floor Passed 47-0

 
Iowa House:  

Subcommittee:  Hein, Sieck and Bennett

Floor Manager: Hein

Committee Passed 18-5-2

Floor Passed 98-0

 
Position:   ITA did not register on this bill  
       
       
Bill Number:   SF2383 - reprinted  
Topic Category:   Income and Sales/Use  
Summary:  

This is the Senate Tax Reform bill that makes numerous changes to the income tax chapter, sales/use tax and many other changes. (This was SSB 3197)

Side by Side Comparison to HSB671

 
Iowa Senate:  

Subcommittee: Feenstra, Dawson, Breitbach, Jochum and Bolkcom; Passed 3-2
Floor Manager: Feenstra
Committee: Passed 9-6

Senate: Passed 29-21

 
Iowa House:   Subcommittee: No action in House  
Governor:      
Position:   Undecided: The bill makes many changes to Iowa tax law. There is a lot to like in this bill, lots of questions to be answered, and some things not to like. Will continue to work to improve where needed.  
       
       
Bill Number:   HF2063  
Topic Category:   Property Tax  
Summary:   Imposes duration limits on certain urban renewal areas, better defines blighted area, includes school foundation levy to be excluded from the division of taxes, does not allow for any monies to be used for relocation within 2 miles, and does not allow revenue from the division of taxes for public buildings.  
Iowa Senate:      
Iowa House:   Subcommittee: Mohr, Windschitl and Isenhart
Floor Manager: Mohr
 
Governor:      
Position:   For: Most of the bill falls in line with ITA Policy and Initiatives. Working with floor manager and improve the bill.  
       
       
Bill Number:   HSB684  
Topic Category:   Iowa Spending Limitation  
Summary:   This bill lowers the current spending limitation from 99% down to 98%. The bill also establishes a new fund "revenue estimating stabilization fund".
Iowa Senate:      
Iowa House:  

Subcommittee Members: Hinson, Rogers and Hall
Action: Passed 2-1
Floor Manager: Hinson

 
Governor:      
Position:   ITA has not registered on this bill but will monitor as it is important to the ITA Committee on Accountable Government  
       
       
Bill Number:   HSB678  
Topic Category:   Property Tax  
Summary:   Currently the State of Iowa sends out $152.1 million as property tax replacement dollars to local governments. This bill lowers the capped amount down to $25 million by fiscal year 2022.  
Iowa Senate:      
Iowa House:   Subcommittee Members: Hinson, Rogers and Hall
Action: Passed 2-1
Floor Manager: Grassley
 
Governor:      
Position:   ITA has not registered on this bill, but will monitor has it is important and addresses ITA policy.  
       
       
Bill Number:   HF2046  
Topic Category:   Sales/Use  
Summary:   A bill for an act relating to the collection of sales and use taxes by certain out-of-state retailers, and including effective date provisions.  
Iowa Senate:      
Iowa House:      
Governor:      
Position:      
 
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