Bill
Bill > HF2442
summary
Introduced
02/12/2024
02/12/2024
In Committee
02/12/2024
02/12/2024
Crossed Over
Passed
Dead
04/16/2024
04/16/2024
Introduced Session
90th General Assembly
Bill Summary
2023 Iowa Acts, chapter 71 (HF 718), amended Code section 384.12 (additional taxes) to eliminate several taxes a city may levy subject to voter approval at an election. In lieu thereof, HF 718 enacted Code section 384.1(3)(b)(2), which allows cities to levy the same amounts the eliminated taxes could have levied as a part of the cities’ general fund levy. One levy that was eliminated by HF 718 was a levy to support a public library up to a maximum amount of 27 cents per $1,000 of assessed value. This bill allows cities to impose a tax for the support of a public library in an amount not to exceed the amount levied by the city in FY 2022-2023 for the same purpose. The bill requires, prior to imposing a tax for the support of a public library, for a city council to submit the question to voters at a regular city election of whether to impose the tax, and a majority of voters approve the levy. The bill limits the validity of a tax in support of a public library to a period of 10 years from the date the tax is approved by voters at a regular city election. The tax may be extended for additional 10-year periods if reauthorized by the voters at election. A city council may discontinue the tax by a majority vote of the city council.
AI Summary
This bill allows cities to impose a tax to fund a public library, subject to voter approval at a regular city election. The tax is limited to the amount the city levied for this purpose in the 2022-2023 fiscal year. The tax is valid for 10 years but can be reauthorized by voters for additional 10-year periods. The city council can also discontinue the tax by a majority vote.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Subcommittee recommends indefinite postponement. Vote Total: 2-0. (on 02/27/2024)
Bill Topics
Local Government
- ‐ General Local Government
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.legis.iowa.gov/legislation/BillBook?ga=90&ba=HF2442 | 02/12/2024 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/90/attachments/HF2442.html | 02/12/2024 |
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