Iowa Governor Kim Reynolds signed a bill implementing a 2% cap on property taxes and creating financial assistance for first-time homebuyers, with the property tax provisions taking effect in fiscal year 2028.
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Iowa Gov. Kim Reynolds signs property tax billHinzugefügt:
Iowa Governor Kim Reynolds today signed a bill that changes how property taxes and government funding work together in the state. This new law puts a 2% cap on property taxes. It also creates financial help for first-time homebuyers. The property tax changes will not take effect until fiscal year 2028.
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