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Branstad praises Iowa House Republicans for passage of property tax reform

(DES MOINES) – Gov. Terry E. Branstad today praised Republicans in the Iowa House of Representatives for taking a bold step on behalf of Iowa homeowners, small business owners and working families.

“The House Republicans today took a significant step to reduce property taxes in Iowa, and I congratulate them for taking this historic step,” said Gov. Branstad. “Their actions will prevent the looming, $2 billion property tax increase Iowans face over the next 8 years. For decades, the Legislature has attempted to address the flaws in this system, but the sheer complexity has prevented meaningful action. As I stated in my state of the state address, any reform must be permanent, and must actually help small business owners. The House plan, put forward by Republicans, is the only property tax proposal that offers permanent, meaningful relief. I hope the Senate will join the House in passing this property tax relief proposal that offers permanent assurance to Iowans.”

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