Iowa § 386.9 - 386.9 Capital improvement tax.
Full text of Iowa Iowa Code § 386.9 — 386.9 Capital improvement tax., with citation guidance and answers to common questions.
§ 386.9. 386.9 Capital improvement tax.
A city may establish a capital improvement fund for a district and may certify taxes, not to exceed the rate established by the ordinance creating the district, or any subsequent amendment thereto, each year to be levied for the fund against all of the property in the district, for the purpose of accumulating moneys for the financing or payment of a part or all of the costs of any improvement or self-liquidating improvement. However, parcels of property which are assessed as residential property for property tax purposes are exempt from the tax levied under this section except residential properties within a duly designated historic district or property classified as residential property under section 441.21, subsection 14, paragraph “a”, subparagraph (6). A tax levied under this section is not subject to the levy limitations in section 384.1 or 384.7. [C77, 79, 81, §386.9] 85 Acts, ch 113, §3; 2021 Acts, ch 20, §2, 14, 15 Referred to in §386.12 2021 amendment applies to assessment years beginning on or after January 1, 2022; 2021 Acts, ch 20, §15 Fri Dec 12 20:12:33 2025 Iowa Code 2026, Section 386.9 (18, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 386.9
What does Iowa Code § 386.9 cover?
Section 386.9 ("386.9 Capital improvement tax.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 386.9?
A common citation format is "Iowa Code § 386.9" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 386.9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.