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90th General Assembly · Iowa Funnel one-pager · Monday, November 9, 2026

HSB 622: HSB 622

Became HF 2450 · Its progress continues under the new number.

What it does

_____ This bill relates to economic development and energy shortages under the purview of the economic development authority and governor. DIVISION I —— ECONOMIC DEVELOPMENT PROGRAMS. The bill strikes the specific power of the economic development authority (authority) to charge a business or individual a fee for use of the authority’s federal EB-5 immigrant investor regional center. The bill specifies the circumstances in which the authority may prohibit a person from receiving an award or financial assistance, or from being selected as a vendor to provide goods or services to the authority.

Sponsors

Not listed

Cost

No fiscal note

House subcommittee · named January 29, 2024

  • Rep. Shannon Latham (R) · shannon.latham@legis.iowa.gov
  • Rep. Tom Determann (R) · tom.determann@legis.iowa.gov
  • Rep. Art Staed (D) · art.staed@legis.iowa.gov

Lobbying · 2 for, 1 against

For: Iowa Economic Development Authority; Iowa Finance Authority

Against: Iowa Association of School Boards

In plain words

  1. January 29, 2024Filed in the House and sent to the Economic Growth and Technology committee
  2. January 29, 2024House subcommittee named: Latham, Determann and Staed
  3. January 31, 2024Subcommittee recommended passing it with changes
  4. February 7, 2024Approved by the House committee
  5. February 12, 2024Approved by the House committee, and given a new number: HF 2450

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Monday, November 9, 2026. https://iowafunnel.com/bills/90/HSB622