Skip to content

Iowa Legislative Victories In 2023

Iowa Legislative Victories In 2023

May 30, 2023

Property Tax Reduction, Tort Reform Major Victories

Iowa Legislative Victories In 2023

Small business owners saw major victories during Iowa’s 2023 legislative session. State Director Matt Everson has been your voice at the state Capitol. Here are the victories NFIB fought for and small business owners will see as a result:   Property Tax ReformHF 718 NFIB was instrumental in helping pass historical property tax reform that will provide a minimum of $100 million in relief and is the first step in reigning in out-of-control property taxes in Iowa. The legislation also simplifies and consolidates 15 levies into one general levy, automatically reduces tax rates when assessments rise, caps growth of property taxes per year by limiting city and county spending and make the process of raising property taxes more transparent to the property owner/taxpayer. Gov. Reynolds signed the bill into law on May 4, 2023.   Government ReorganizationSF 514 NFIB was supportive of Governor Reynolds’ plan to reorganize and make more efficient state government for the first time in several decades.  This legislation will centralize similar programs into single agencies to achieve best outcomes for Iowans while saving nearly $18 Million dollars per year. It will also consolidate common technologies to improve operations, saving Iowans over $214 million over the next 4 years. Finally, it will reduce agency heads (Cabinet positions) that report to the Governor from 37 to 16 and eliminate 513 current vacant positions within government. Gov. Reynolds signed the bill into law on April 4, 2023.   Medical Malpractice ReformHF 161 NFIB was helpful in passing medical malpractice reform that will set a cap on noneconomic damages of $1 million for individual doctors and clinics and will set a cap on noneconomic damages of $2 million for hospitals. These measures, which were long overdue in Iowa, will stabilize insurance rates for small businesses, while also helping to revitalize a struggling healthcare system that has seen an influx of outrageously high medical malpractice lawsuits over the past few years. Gov. Reynolds signed the bill into law on February 16, 2023.   Commercial Trucking Liability ReformSF 228 NFIB made it a priority to begin the process of reforming commercial trucking liability.  This legislation was a good start as it will limit noneconomic damages to $5 Million per plaintiff, will broaden the list of exceptions to limit noneconomic damages and will Narrow the conditions under which there is no civil liability against an employer. Gov. Reynolds signed the bill into law on May 12, 2023.   Youth Employment OpportunitiesSF 542 NFIB helped update decades old laws as it pertained to youth employment opportunities (operating a microwave is one example). Although this legislation made a lot of noise in the media, this bill was about expanding the hours that minors may work with parental consent, adds many parental guardrails that will allow more youth opportunities in various new and exciting industries (work to learn) and provide Iowa’s youth a much safer and more modernized  work environment with the benefit to earn a little more money. Gov. Reynolds signed the bill into law on May 26, 2023.    
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

April 18, 2025
LISTEN: NFIB Iowa Joins the Simon Conway Show
NFIB Iowa State Director Matt Everson highlights latest NFIB report outlini…
Read More
Small Business Owner Calculates Taxes Finance Expensive Inventory Inflation Cost
April 15, 2025
How a Potential Small Business Tax Hike Will Impact Minnesota
NFIB Releases Report Detailing Benefits of 20% Small Business Tax Deduction…
Read More
April 15, 2025
How a Potential Small Business Tax Hike Will Impact Iowa
NFIB Releases Report Detailing Benefits of 20% Small Business Tax Deduction…
Read More
Rhode Island capitol building
April 14, 2025
Rhode Island Capitol Update
NFIB State Director Christopher Carlozzi testified before the House Committ…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility