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Senate
File
511
-
Introduced
SENATE
FILE
511
BY
COMMITTEE
ON
LOCAL
GOVERNMENT
(SUCCESSOR
TO
SSB
1159)
A
BILL
FOR
An
Act
relating
to
Iowa’s
urban
renewal
law
and
urban
1
revitalization
law
by
establishing
provisions
governing
2
certain
property
used
for
gaming,
and
including
effective
3
date,
applicability,
and
retroactive
applicability
4
provisions.
5
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
6
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511
Section
1.
Section
403.5,
Code
2025,
is
amended
by
adding
1
the
following
new
subsection:
2
NEW
SUBSECTION
.
6A.
An
urban
renewal
plan
adopted
or
3
amended
before,
on,
or
after
the
effective
date
of
this
Act
4
shall
not
include
an
urban
renewal
project
related
to
property
5
owned
and
operated
by
a
licensee
under
chapter
99F
first
issued
6
a
license
on
or
after
January
1,
2025,
property
operated
by
7
a
nonprofit
that
directly
benefits
the
property
of
such
a
8
licensee,
or
commercial
property
that
directly
benefits
such
9
a
licensee.
10
Sec.
2.
Section
403.19,
subsection
2,
paragraph
a,
Code
11
2025,
is
amended
to
read
as
follows:
12
a.
That
portion
of
the
taxes
each
year
in
excess
of
such
13
amount
shall
be
allocated
to
and
when
collected
be
paid
into
a
14
special
fund
of
the
municipality
to
pay
the
principal
of
and
15
interest
on
loans,
moneys
advanced
to,
or
indebtedness,
whether
16
funded,
refunded,
assumed,
or
otherwise,
including
bonds
17
issued
under
the
authority
of
section
403.9,
subsection
1
,
18
incurred
by
the
municipality
to
finance
or
refinance,
in
whole
19
or
in
part,
an
urban
renewal
project
within
the
area,
and
to
20
provide
assistance
for
low
and
moderate
income
family
housing
21
as
provided
in
section
403.22
.
However,
except
as
provided
22
in
paragraph
“b”
,
taxes
for
the
regular
and
voter-approved
23
physical
plant
and
equipment
levy
of
a
school
district
imposed
24
pursuant
to
section
298.2
and
taxes
for
the
instructional
25
support
program
of
a
school
district
imposed
pursuant
to
26
section
257.19
,
taxes
for
the
payment
of
bonds
and
interest
of
27
each
taxing
district,
taxes
levied
against
property
owned
and
28
operated
by
a
licensee
first
issued
a
license
under
chapter
99F
29
on
or
after
January
1,
2025,
property
operated
by
a
nonprofit
30
that
directly
benefits
the
property
of
such
a
licensee,
or
31
commercial
property
that
directly
benefits
such
a
licensee,
32
and
taxes
imposed
under
section
346.27,
subsection
22
,
related
33
to
joint
county-city
buildings
shall
be
collected
against
all
34
taxable
property
within
the
taxing
district
without
limitation
35
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S.F.
511
by
the
provisions
of
this
subsection
.
1
Sec.
3.
Section
404.1,
Code
2025,
is
amended
by
adding
the
2
following
new
subsection:
3
NEW
SUBSECTION
.
6.
An
area
that
does
not
include
property
4
owned
and
operated
by
a
licensee
under
chapter
99F
first
issued
5
a
license
on
or
after
January
1,
2025,
property
operated
by
6
a
nonprofit
that
directly
benefits
the
property
of
such
a
7
licensee,
or
commercial
property
that
directly
benefits
such
8
a
licensee.
9
Sec.
4.
NEW
SECTION
.
404.3E
Exemptions
for
gambling.
10
For
assessment
years
beginning
on
or
after
January
1,
2025,
11
an
exemption
authorized
under
this
chapter
for
revitalization
12
areas
established
under
this
chapter
before,
on,
or
after
the
13
effective
date
of
this
section,
shall
not
apply
to
any
property
14
owned
and
operated
by
a
licensee
under
chapter
99F
first
issued
15
a
license
on
or
after
January
1,
2025,
property
operated
by
16
a
nonprofit
that
directly
benefits
the
property
of
such
a
17
licensee,
or
commercial
property
that
directly
benefits
such
18
a
licensee.
19
Sec.
5.
Section
423B.10,
subsection
2,
Code
2025,
is
amended
20
by
adding
the
following
new
paragraph:
21
NEW
PARAGRAPH
.
c.
Increased
revenues
under
this
section
22
shall
not
be
used
for
any
purpose
related
to
property
owned
and
23
operated
by
a
licensee
under
chapter
99F
first
issued
a
license
24
on
or
after
January
1,
2025,
property
operated
by
a
nonprofit
25
that
directly
benefits
the
property
of
such
a
licensee,
or
26
commercial
property
that
directly
benefits
such
a
licensee.
27
Sec.
6.
EFFECTIVE
DATE.
This
Act,
being
deemed
of
immediate
28
importance,
takes
effect
upon
enactment.
29
Sec.
7.
RETROACTIVE
APPLICABILITY.
The
following
applies
30
retroactively
to
assessment
years
beginning
on
or
after
January
31
1,
2025:
32
The
section
of
this
Act
enacting
section
404.3E.
33
Sec.
8.
APPLICABILITY.
The
following
applies
to
property
34
taxes
due
and
payable
in
fiscal
years
beginning
on
or
after
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511
July
1,
2025:
1
The
section
of
this
Act
amending
section
403.19.
2
EXPLANATION
3
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
4
the
explanation’s
substance
by
the
members
of
the
general
assembly.
5
This
bill
relates
to
Iowa’s
urban
renewal
and
urban
6
revitalization
laws.
7
The
bill
prohibits
an
urban
renewal
plan
adopted
before,
8
on,
or
after
the
effective
date
of
the
bill,
to
include
an
9
urban
renewal
project
related
to
property
owned
and
operated
by
10
a
licensee
under
Code
chapter
99F
(gambling
games
and
sports
11
wagering)
first
issued
a
license
on
or
after
January
1,
2025,
12
or
other
specified
property
that
directly
benefits
such
a
13
licensee.
14
The
bill
excludes
from
the
division
of
revenue
(tax
15
increment
financing)
taxes
levied
against
property
owned
and
16
operated
by
a
licensee
under
Code
chapter
99F
first
issued
a
17
license
on
or
after
January
1,
2025,
or
upon
property
that
18
directly
benefits
such
a
licensee.
19
The
bill
excludes
tax
exemptions
for
urban
revitalization
20
for
property
owned
and
operated
by
a
licensee
under
Code
21
chapter
99F
first
issued
a
license
on
or
after
January
1,
22
2025,
or
property
that
directly
benefits
such
a
licensee,
23
and
prohibits
such
property
from
being
included
in
an
urban
24
revitalization
area.
25
The
bill
excludes
the
funding
of
urban
renewal
projects
26
with
local
option
taxes
for
property
owned
and
operated
by
a
27
licensee
under
Code
chapter
99F
first
issued
a
license
on
or
28
after
January
1,
2025,
or
property
that
directly
benefits
such
29
a
licensee.
30
The
bill
takes
effect
upon
enactment.
The
bill
applies
31
retroactively
to
assessment
years
beginning
on
or
after
32
January
1,
2025,
for
prohibitions
on
urban
revitalization
tax
33
exemptions.
The
section
of
the
bill
amending
Code
section
34
403.19
applies
to
property
tax
due
and
payable
in
fiscal
years
35
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S.F.
511
beginning
on
or
after
July
1,
2025.
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