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Iowa Legislature Begins 2026 Session with Focus on Property Taxes

Republicans aim to cut taxable home values by half and add an inflation-tied tax cap while restricting eminent domain for carbon capture pipelines, officials said.

  • On Monday, Jan. 12, 2026, the Iowa Legislature opened with a heavy focus on property taxes and eminent domain as Senate Republicans rolled out a property tax proposal.
  • Because of unfinished 2025 work, leaders say Senate Republicans act early this year to reform property taxes and narrow eminent-domain rules after pipeline fights and Governor Kim Reynolds's veto.
  • Sen. Dan Dawson highlighted that the bill replaces the rollback with a 50% exemption and counts only half of a home's value for taxes.
  • With roughly 100 days to deliver, Iowa lawmakers face a billion-dollar revenue drop while Republican leaders promise an early eminent-domain debate and plan to use leftover tax-relief funds for shortfalls.
  • Ahead of the June 2 primary, Kaufmann promised a `neutral party organization` and urged unity after the primaries, when five Republican gubernatorial candidates compete.
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Southernminn.com broke the news in on Monday, January 12, 2026.
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