HF2791

A bill for an act permitting an exchange of the cash reserve levy for another local levy within the school budget for certain school districts to correct for an extreme circumstance and including effective date provisions.(Formerly HSB 781.)

Chamber Passed·5/2/26
Introduced Text

Iowa HF2791 allows certain school districts to adjust their cash reserve levy and other property tax levies for the 2026-2027 school budget year.

Iowa HF2791 permits school districts to adjust their cash reserve levy and other property tax levies for the 2026-2027 school budget year. This adjustment is allowed if the taxable value used to calculate school district property taxes for the 2025-2026 school budget year was reduced by $100 million or more due to a correction to the taxable value of a single property. The bill requires that the total property tax dollars for all levies do not exceed the combined amount determined under Code section 24.2A.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Last
Passed the House · 85–0 · May 2
Current
Ways and Means Committee
Next
Senate floor vote

Sponsors

0
0
Democratic CaucusRepublican Caucus

Roll Call Votes

Shall the bill pass?

85 Yea

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0 Nay

15 Absent

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History

May 2

House

Passed House, yeas 85, nays 0. H.J. 1096.

May 2

House

Explanation of vote. H.J. 1159.

May 2

House

Immediate message. H.J. 1110.