Search Form
First, enter a politician or zip code
Now, choose a category

Key Votes

SF 522 - Establishing a Property Tax Credit - Key Vote

Iowa Key Votes

Jack Drake voted Yea (Passage With Amendment) on this Legislation.

Read statements Jack Drake made in this general time period.




Stage Details

Legislation - Bill Passed With Amendment (House) (58-40) - (Key vote)

Title: Establishing a Property Tax Credit

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that establishes a business property tax credit beginning July 1, 2012.

  • Establishes a tax credit for property units classified as one of the following, as well as a formula, based on the value of the improvements to the property, to be used to determine the amount of the tax credit (Sec. 6):
    • Commercial property;
    • Industrial property; or
    • Railway property.
  • Prohibits a person from claiming or receiving more than 1 credit per property unit (Sec. 6).
  • Appropriates $50 million for the fiscal year beginning July 1, 2012, and increasing subsequent years up to a maximum of $200 million, to be used for the tax credit (Sec. 4).
Legislation - Bill Passed (Senate) (-) -
Legislation - Introduced (Senate) -

Title: Establishing a Property Tax Credit

Committee Sponsors

Skip to top

Help us stay free for all your Fellow Americans

Just $5 from everyone reading this would do it.

Back to top