Iowa SSB3136 prohibits using school district property tax revenue for urban renewal projects involving stadiums or arenas for professional sports.
Iowa SSB3136 amends the permissible uses of school district property tax revenue, specifically prohibiting its use for urban renewal projects that include stadiums or arenas for professional sports teams. This restriction applies to projects approved on or after January 1, 2025. The bill takes effect immediately upon enactment.
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