Iowa SF436 removes the cap on annual real estate transfer tax receipts for the housing trust fund.
Iowa SF436 eliminates the $7 million annual limit on real estate transfer tax receipts that can be transferred to the housing trust fund. The bill also removes outdated phase-in language. The housing trust fund supports affordable housing for low-income individuals and the Iowa mortgage help initiative.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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