Statewide Iowa (RI) — Republican lawmakers have yet to strike a deal that would revamp Iowa’s property tax system, but Governor Reynolds says she’s confident an agreement will be reached.
There have been discussions among legislators for the past couple of years on a variety of options, but for the first time, Reynolds unveiled her own plan in January.
She met privately this week with House Speaker Pat Grassley and Senate Republican Leader Mike Klimesh to discuss what’s next.
It appears GOP lawmakers are prepared to pass a limit on property tax revenue growth and provide some sort of reduction in property taxes paid by older Iowans.
The outlier in discussions appears to be a proposed gas tax increase outlined in the plan from Senate Republicans. Reynolds says she’s in the middle of negotiations, and she’s not going to say whether she supports or opposes that.
Reynolds did offer some of the reasoning behind the idea of raising the state gas tax, which hasn’t been raised for over a decade.
Reynolds made her comments during a news conference at the statehouse.
KIWA Staff Photo
