
The claim
“Iowa lawmakers agreed a property tax cut of about $4 billion over six years.”
Lawmakers describing the property tax compromise at the end of the session.
Our verdict
True
House lawmakers said the compromise gives more than $4 billion in property tax relief over six years.
What we found
The deal caps local revenue growth at 2% and replaces the homestead credit with a 10% exemption. The $4 billion figure is lawmakers' own estimate, accurately reported.
The evidence
- Supports the claim
House lawmakers say the deal provides more than $4 billion in property tax relief over six years. [1]
How we checked
We checked the claim against KCRG. We reviewed 1 relevant source.
Sources
- [1]KCRG · Iowa lawmakers officially end legislative session; what does that mean for your property taxes?
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