A bill for an act relating to the sale of bonds by limiting the amount offered for sale.

HF 101 limits bond issuance for certain public projects in Iowa. For projects where voters approved bond sales after July 1, 2025, the bill restricts bond amounts to no more than 80% of the project’s total cost. The remaining 20% must be funded through non-bond sources, such as general tax revenue or other existing funds. This applies specifically to projects with bond propositions approved in elections held after the specified date, directly affecting local governments and school districts seeking to finance large capital projects.