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88th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026

SSB 3196: SSB 3196

Died when the session ended · The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.

What it does

This bill relates to certain tax credits awarded by the economic development authority for equity investments in a qualifying business or innovation fund. The bill directs the economic development authority to determine on or before June of each year the amount of tax credits that will be issued for the following fiscal year S.F. _____ for equity investments in qualifying businesses pursuant to Code section 15E.43 and in innovation funds pursuant to Code section 15E.52. The bill caps the aggregate amount of these tax credits at $10 million. The bill takes effect upon enactment.

Sponsors

Not listed

Cost

No fiscal note

Senate subcommittee · named March 5, 2020

  • Sen. Jake Chapman (R)
  • Sen. William A. Dotzler Jr. (D) · bill.dotzler@legis.iowa.gov
  • Sen. Roby Smith (R)

Lobbying · 3 for, 0 against

For: Iowa Biotechnology Association; Professional Developers of Iowa (PDI); Technology Association of Iowa

In plain words

  1. March 5, 2020Filed in the Senate and sent to the Ways and Means committee
  2. March 5, 2020Senate subcommittee named: Chapman, Dotzler, Smith and R
  3. March 11, 2020Subcommittee recommended passing it with changes

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Tuesday, November 10, 2026. https://iowafunnel.com/bills/88/SSB3196