US EditionIowa Republicans have 3 plans to cut property taxes. How they compare:
The proposal caps local government property tax revenue growth at 2%, exempts the first $25,000 of home value, and requires 60% bond approval to provide homeowner relief, lawmakers say.
- On WEDNESDAY, Iowa House Republicans unveiled House Study Bill 596, which exempts the first $25,000 of assessed value for every residential property, with State Rep. Carter Nordman saying it delivers immediate tax relief.
- Governor Kim Reynolds outlined reforms EARLIER THIS MONTH, while Senate Republicans and House Democrats also released separate property-tax proposals during the legislative session.
- The proposal would cap revenue growth at 2% for local governments, exempt schools and the debt levy, require 60% approval for bond referendums payable with property taxes, and mandate Councils of Governments to cut waste while revamping informational mailers and adjusting property assessments.
- Rep. Dave Jacoby cautioned this proposal would reduce local revenue, warning it could harm local governments and delay EMS emergency services response times.
- Passage remains uncertain because the Iowa Senate and the Iowa House historically disagree on tax bills, even as lawmakers say property-tax reform was a top priority this legislative session.
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15 Articles
Iowa Capital Dispatch
Southernminn.comHouse GOP property tax bill released with 2% revenue cap
Iowa House Speaker Pat Grassley and Rep. Carter Nordman, chair of the House Ways and Means Committee, held a news conference Jan. 21, 2026 unveiling House Republicans' property tax proposal. (Photo by Robin Opsahl/Iowa Capital Dispatch)House Republicans released their property tax plan Wednesday, starting down the path toward finding a compromise with the governor and the GOP Senate majority on one of their top session priorities. House Speaker …
Iowa House Republicans' property tax plan limits growth to 2%
House Republicans have released a property tax plan that includes the main element of the plan Governor Reynolds proposed a week ago — a 2% limit on property tax revenue growth. During a news conference this morning, House Speaker Pat Grassley said that will provide certainty for the taxpayers. “If you set that number so high, […]
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