SF 2442 Iowa Senate · 2023-2024 Regular Session

A bill for an act relating to state and local finances by modifying individual and alternate income tax rates, withholding credits, franchise tax deductions, methodologies for determining property taxes, and property tax assessment limitations, changing methods of determining compensation of county officials, making contingent transfers from the taxpayer relief fund, and making corrections, and including effective date and applicability provisions.

SB 2442 modifies how the state calculates individual and alternate income taxes, adjusts withholding credits, and changes deductions for franchise taxes. It also updates the methods used to determine property tax values and assessment limits while altering how county officials are compensated. The legislation includes specific financial transfers from a taxpayer relief fund and establishes the effective dates for these changes.
Bill status signed all 5 stages cleared
Introduction
Apr 2024
Committee Review
Apr 2024
Senate Passage
Apr 2024
House Passage
Apr 2024
Signed into Law
May 2024
Introduced Apr 18, 2024 Signed May 1, 2024
Floor votes · Senate Apr 19, 2024 · House Apr 19, 2024

How they voted

397
Passed · 4 other
Total votes 50
Apr 19, 2024
D Democratic16
7 Yea 7 Nay 2
43% Nay
R Republican34
32 Yea 2
94% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
18
Key actions
4
Committee
1
Amendments
3
May 1, 2024
Signed into law
Signed by Governor.
upper
Apr 19, 2024
Lower · Passed
Passed House, yeas 68, nays 24.
lower
Apr 19, 2024
Introduced
Motion to suspend rules for immediate consideration of amendment H-8390, yeas 35, nays 57.
lower
Apr 19, 2024
Introduced
Point of order raised on amendment H-8390, ruled not germane.
lower
Apr 19, 2024
Introduced
Amendment H-8390 filed.
lower
Apr 19, 2024
Upper · Passed
Passed Senate, yeas 39, nays 7.
upper
Apr 18, 2024
Upper · Passed
Committee report, approving bill.
upper
Apr 18, 2024
Introduced
Introduced, placed on Ways and Means calendar.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.