A bill for an act relating to Iowa’s urban renewal law by modifying the division of revenue, and including applicability provisions.

HF 92 modifies Iowa's urban renewal law by changing which property tax revenue funds urban renewal projects. It specifies that taxes for emergency medical services (under Chapter 422D) are excluded from the revenue pool used for urban renewal financing and low/moderate income housing assistance. The bill ensures that only certain property taxes - excluding those for emergency medical services, school levies, and other specific programs - are allocated to the municipality's special fund for urban renewal projects and housing. This change applies to property taxes due in fiscal years starting July 1, 2026.