HF435 • 2026

A bill for an act creating a deduction available against the individual income tax for gross rent paid by a taxpayer, and including applicability provisions.

Housing Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: TUREK
Last action: 2025-02-17
Official status: Introduced, referred to Ways and Means. H.J. 337 .
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

A bill for an act creating a deduction available against the individual income tax for gross rent paid by a taxpayer, and including applicability provisions.

What This Bill Does

A bill for an act creating a deduction available against the individual income tax for gross rent paid by a taxpayer, and including applicability provisions.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-02-17 Iowa Legislature
Introduced, referred to Ways and Means. H.J. 337 .

Official Summary Text

A bill for an act creating a deduction available against the individual income tax for gross rent paid by a taxpayer, and including applicability provisions.

Current Bill Text

Read the full stored bill text

House

File

435

-

Introduced

HOUSE

FILE

435

BY

TUREK

A

BILL

FOR

An

Act

creating

a

deduction

available

against

the

individual

1

income

tax

for

gross

rent

paid

by

a

taxpayer,

and

including

2

applicability

provisions.

3

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

4

TLSB

2076YH

(2)

91

jm/jh

H.F.

435

Section

1.

Section

422.7,

Code

2025,

is

amended

by

adding

1

the

following

new

subsection:

2

NEW

SUBSECTION

.

45.

a.

Subtract

the

gross

rent

paid

at

3

arm’s

length

by

a

taxpayer,

for

the

right

of

occupancy

of

a

4

homestead

or

manufactured

or

mobile

home,

including

the

rent

5

for

land

occupied

by

the

manufactured

or

mobile

home

not

to

6

exceed

one

acre.

7

b.

As

used

in

this

subsection,

“homestead”

means

a

dwelling

8

in

this

state

rented

and

actually

used

as

the

primary

home

by

9

the

taxpayer

including

part

of

a

multidwelling.

10

Sec.

2.

APPLICABILITY.

This

Act

applies

to

tax

years

11

beginning

on

or

after

January

1,

2026.

12

EXPLANATION

13

The

inclusion

of

this

explanation

does

not

constitute

agreement

with

14

the

explanation’s

substance

by

the

members

of

the

general

assembly.

15

This

bill

creates

a

deduction

available

against

the

16

individual

income

tax

for

gross

rent

paid

at

arm’s

length

17

by

a

taxpayer

for

the

right

of

occupancy

of

a

homestead

or

18

manufactured

or

mobile

home,

including

the

rent

for

land

19

occupied

by

the

manufactured

or

mobile

home

not

to

exceed

one

20

acre.

21

The

bill

applies

to

tax

years

beginning

on

or

after

January

22

1,

2026.

23

-1-

LSB

2076YH

(2)

91

jm/jh

1/

1