Seal of Iowa Iowa

Iowa has a statutory TEL under Iowa Code Section 8.54. This TEL can be overridden by a simple majority vote.

 
The base year represents the year the hypothetical Taxpayer's Bill of Rights (TABOR) would have been enacted. Selecting a base year changes how the state’s TABOR is calculated because the annual growth rates of inflation and population change depending on when TABOR is enacted.
  • Year Inflation-adjusted Actual Spending
    1992 10,886,368,940
    1993 11,223,959,680
    1994 10,714,386,270
    1995 10,658,732,010
    1996 11,337,210,670
    1997 12,125,263,620
    1998 12,446,180,770
    1999 13,163,533,490
    2000 13,842,322,960
    2001 14,388,564,600
    2002 13,077,981,610
    2003 13,963,461,410
    2004 12,042,192,450
    2005 13,742,431,840
    2006 14,769,185,270
    2007 14,584,587,800
    2008 15,049,026,460
    2009 16,020,262,060
    2010 14,696,069,060
    2011 14,806,113,810
    2012 15,112,002,020
    2013 16,724,168,620
    2014 16,253,162,690
    2015 18,974,856,820
    2016 19,795,307,590
    2017 18,912,574,540
    2018 19,470,241,590
    2019 18,962,362,490
    2020 18,048,249,400
    2021 19,271,350,880
    2022 18,277,000,000
*All spending figures are in inflation-adjusted 2022 dollars.