---
type: "Bill"
title: "A bill for an act relating to taking a capital gain deduction for the sale of real property used in a farming business. (Formerly HSB 188.) Effective 7-1-19."
description: "A bill for an act relating to taking a capital gain deduction for the sale of real property used in a farming business. (Formerly HSB 188.) Effective 7-1-19."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2019-2020"
identifier: "HF 778"
citation: "Iowa HF 778 (2019-2020)"
classification: ["bill"]
subjects: ["agricultural land", "agriculture", "capital gains", "farming", "income taxes", "real property", "tax exemptions", "taxation"]
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 12
vote_count: 2
first_action: "2019-04-18"
last_action: "2019-05-21"
source: "openstates"
source_identifier: "ocd-bill/96ae0123-9b9c-4070-bb50-e1c81c4becc2"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=HF 778&ga=88"
source_hash: "1cbcd7347787c511b2cc7fe9869b9dd935f73d154e550b1496a67cc43da05d2e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ia"]
---

# Iowa HF 778 (2019-2020) — A bill for an act relating to taking a capital gain deduction for the sale of real property used in a farming business. (Formerly HSB 188.) Effective 7-1-19.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://www.legis.iowa.gov/docs/publications/LGI/88/attachments/HF778.html)
2. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/88/attachments/HF778.html)

## Votes

- Shall the bill pass? — **49–0** (pass) · upper
- Shall the bill pass? — **68–32** (pass) · lower

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-04-18** Introduced, placed on Ways and Means calendar. `introduction`
- **2019-04-23** Fiscal note.
- **2019-04-24** Passed House, yeas 68 nays 32. `passage`
- **2019-04-24** Immediate message.
- **2019-04-24** Message from House.
- **2019-04-24** Read first time and attached to companion SF 627. `reading-1`
- **2019-04-25** Substituted for SF 627.
- **2019-04-25** Passed Senate, yeas 49, nays 0. `passage`
- **2019-04-25** Immediate message.
- **2019-04-25** Message from Senate.
- **2019-04-29** Reported correctly enrolled, signed by Speaker and President, and sent to Governor.
- **2019-05-21** Signed by Governor. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/96ae0123-9b9c-4070-bb50-e1c81c4becc2`. Confidence: reported (aggregated from official Iowa legislature records).