Thursday 18th April 2024

Republicans in the House and Senate have drafted bills they say will “slow down the growth of property taxes.” Six years ago, Iowa lawmakers cut commercial and industrial property taxes by 10 percent. This year, G-O-P Senators have proposed limiting tax increases on all classes of property to no more than three percent.

According to Matt Steinfeldt of the Iowa Farm Bureau, property tax payments in Iowa have doubled since the year 2000.

Critics say the limit will restrict the ability to grow communities to pay for needed infrastructure and services.

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