Overview
- The governor, who announced last spring she will not run again, delivered her final Condition of the State from the Iowa House chamber in Des Moines.
- Her proposal would cap how much local governments can raise property‑tax revenue at 2% per year and reduce how often assessments occur.
- She said property taxes have increased more than 10% over the past two years, framing the growth as unacceptable.
- Senate Republican Dan Dawson introduced a separate plan that lowers rates as inflation rises and provides a 50% homestead discount on taxable value.
- With Republicans controlling both chambers, lawmakers begin a roughly 100‑day window to assess budget tradeoffs for cities, counties and schools and to revisit eminent domain issues tied to a proposed carbon‑capture pipeline.