89th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026
SSB 1268: SSB 1268
Became SF 608 · Its progress continues under the new number.
What it does
_____ provisions. DIVISION I.27 (penalties) to enhance the readability of the Code section.27. The bill modifies the penalty for the failure of a person to file a return from percent of the tax shown due or required to be shown due to percent of the unpaid tax. Currently, if a business fails to file a return, the business pays a penalty of $200 or an amount equal to percent of the imputed Iowa liability, not to exceed $25,000, whichever is greater. The bill modifies the penalty provision to specify the business pays a penalty of $200 or an amount equal to percent of the imputed Iowa liability, not to exceed $25,000, whichever is greater.
Sponsors
Not listed
Cost
See the fiscal note
0% have a potential direct impact on State revenue or expenditures. 0% penalties for failure to pay tax in a timely manner are not currently assessed together, and this position is confirmed in current DOR tax penalty rules. 0%, the Bill also allows the two pe…
Senate subcommittee · named April 19, 2021
- Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
- Sen. Tim Goodwin (R)
- Sen. Pam Jochum (D)
Lobbying · 7 for, 3 against
For: Affirm, Inc.; Americans For Prosperity; Department of Revenue; Hubbell Realty Company; Iowa Taxpayers Association; Iowans for Tax Relief; Metropolitan Coalition
Against: Iowa Attorney General Dept. of Justice; One Main Holdings, Inc.; Town Financial
In plain words
- April 19, 2021Filed in the Senate and sent to the Ways and Means committee
- April 19, 2021Senate subcommittee named: Dawson, Goodwin and Jochum
- April 22, 2021Approved by the Senate committee, and given a new number: SF 608
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/89/SSB1268