Iowa § 404.3A - 404.3A Residential development area exemption.
Full text of Iowa Iowa Code § 404.3A — 404.3A Residential development area exemption., with citation guidance and answers to common questions.
§ 404.3A. 404.3A Residential development area exemption.
Notwithstanding the schedules provided for in section 404.3, all qualified real estate assessed as residential property, excluding property classified as residential property under section 441.21, subsection 14, paragraph “a”, subparagraph (6), in an area designated under section 404.1, subsection 5, is eligible to receive an exemption from taxation on the first seventy-five thousand dollars of actual value added by the improvements. The exemption is for a period of five years. 97 Acts, ch 214, §11; 2021 Acts, ch 20, §6, 14, 15 Referred to in §404.3, 419.17 2021 amendment applies to assessment years beginning on or after January 1, 2022; 2021 Acts, ch 20, §15 Fri Dec 12 20:13:50 2025 Iowa Code 2026, Section 404.3A (19, 0)
Frequently Asked Questions About Iowa § 404.3A
What does Iowa Code § 404.3A cover?
Section 404.3A ("404.3A Residential development area exemption.") 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 § 404.3A?
A common citation format is "Iowa Code § 404.3A" (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 § 404.3A 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.