HF 2224 — A bill for an act relating to property assessment standards and litigation.

Bill Text

• Introduced View text Current pdf

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill modifies property assessment standards and litigation procedures, including adopting specific standards for assessments and altering how property owners can appeal assessments.

• Section 421.17, subsection 6, paragraph b

  the. → The information for the preceding year shall be available for public inspection by May 1, and shall be available on the department’s internet website for a minimum of twenty years from the date of publication.

  Adds a requirement for annual summaries of assessment records to be publicly accessible.

• Section 421.17, subsection 17

  d. When preparing the state appraisal manual, the director shall adopt standards for assessing property developed and published by the international association of assessing officers. Such standards must include all of the following: (1) Use of a coefficient of dispersion analysis in determining whether properties are equitably assessed. Assessments shall maintain a coefficient of dispersion less than fifteen and ninety-nine hundredths percent unless there is good cause for a variance. (2) Use of a price-related differential analysis in determining whether properties are equitably assessed. Assessments shall maintain a price-related differential between ninety-eight hundredths and one and three hundredths unless there is good cause for a variance.

  Establishes new standards for property assessments based on national guidelines.

• Section 441.21, subsection 1

  NEW PARAGRAPH . 0i. The coefficient of dispersion and price-related differentials of a class of property shall be calculated based on comparisons of the actual value of property in the same class within the state.

  Requires calculation of assessment ratios based specifically on class comparisons.

• Section 441.37, subsection 1, paragraph a, subparagraph (1)

  that said assessment is not equitable as compared with assessments of other like property in the taxing district. → That said assessment is not equitable as compared with assessments of other like property in the taxing district.

  Clarifies the grounds for disputing assessments.

• Section 441.37, subsection 1, paragraph a

  NEW SUBPARAGRAPH . (04) For purposes of this section, “like property” means all property within a given class of property.

  Defines 'like property' to clarify assessment disputes.

• Section 441.41, subsection 1

  Subject → In cases where the opposing party is a legal business entity, including nonprofit entities, and subject to review and prior approval by either the city legal department in the case of a city or the county attorney in the case of a county, the conference board may employ special counsel to assist the city legal department or county attorney as the case may be.

  Restricts the hiring of special counsel in assessment litigation to specific cases.

• Section 441.42, subsection 1A

  A property owner may appeal the assessment of any property to the board of review or a court with jurisdiction over the assessed property provided that the assessed property is located in a taxing district to which the property owner appealing the assessment owns property of the same class. Appeals made pursuant to this subsection shall be made in accordance with section 441.37.

  Allows property owners to appeal assessments under specified conditions.

Action History

1. January 30, 2026

   Introduced, referred to Ways and Means.

Sponsors

• David Sieck · Primary

Subjects