89th General Assembly · Funnel one-pager · Monday, November 9, 2026
HF 2550: Relating to the production, processing, distribution, and marketing of agricultural products, including by providing tax credits and making appropriations
Died when the session ended · The General Assembly adjourned on May 24, 2022. Bills that didn’t pass both chambers died.
What it does
DIVISION I —— BEGINNING FARMER TAX CREDIT PROGRAM. This bill amends the beginning farmer tax credit program which awards a tax credit to a taxpayer who transfers agricultural assets to a beginning farmer by an agricultural lease agreement. The transferred agricultural assets include agricultural land and improvements, as well as depreciable agricultural property. If the taxpayer and beginning farmer enter into an agreement on a fixed cash rent basis, the amount of the tax credit equals percent of the amount of the fixed cash rent payment for each year of years that the taxpayer is eligible to participate in the program.
Sponsors
Not listed
Cost
No fiscal note
Lobbying · 1 for, 0 against
For: Iowa Farmers Union
In plain words
- March 4, 2022Filed in the House and sent to the Agriculture committee
From public records at legis.iowa.gov, compiled by Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/89/HF2550