Iowa Down Ballot with Dave Price 4/18/26
Speaker Pat Grassley dropped a new property tax proposal this week — and we’ll be honest, it’s a lot. The three-pager is dense, and we’re still not sure we can answer the question every homeowner is actually asking: will my taxes go down, or just up more slowly?
House bill
Triples the homestead exemption for all residential owners. Hard 2% cap on local government revenue. No gas tax, no age-based carve-outs.
Senate bill
Blows up the rollback system entirely. Raises the gas tax, gives local governments inflation flexibility, and heavily favors homeowners 65+.
Bottom line
These two chambers are…
The skinny
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