89th General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 2556: Relating to the solar energy system tax credit, and including effective date and retroactive applicability provisions

Died when the session ended · The General Assembly adjourned on May 24, 2022. Bills that didn’t pass both chambers died.

What it does

This bill relates to the solar energy system tax credit available against the individual and corporate income tax, the franchise tax, and the moneys and credits tax. BACKGROUND. Currently, the solar energy system tax credit expired for residential installations completed after December 31, 2021, due to conforming with a version of federal law that no longer applies. Additionally, a maximum of $5 million of both residential and commercial solar energy system credits may be annually claimed in the aggregate, and a wait list exists for installations completed on or prior to December 31, 2021.

Cost

See the fiscal note

3 million each fiscal year There is no projected fiscal impact beyond FY 2030. Source Department of Revenue /s/ Holly M. Lyons March 17, 2022 Doc ID 1288581 The fiscal note for this Bill was prepared pursuant to Joint Rule 17 and the Iowa Code. Data used in de…

Senate subcommittee · named April 4, 2022

Sen. Tim Goodwin (R)
Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
Sen. T. Taylor

Lobbying · 9 for, 0 against

For: Center for Rural Affairs; Environmental Law and Policy Center; Iowa Annual Conference of United Methodist Church; Iowa Chapter of Sierra Club; Iowa Conservative Energy Forum; Iowa Environmental Council; Iowa Interfaith Power & Light; Iowa Solar Energy Trade Association; The Nature Conservancy

In plain words

March 14, 2022Filed in the House
March 17, 2022Cost estimate (fiscal note) posted
March 30, 2022Passed the House, 94–0
March 31, 2022Arrived in the Senate
April 4, 2022Senate subcommittee named: Goodwin, Dawson and T. Taylor