90th General Assembly · Funnel one-pager · Monday, November 9, 2026
SF 2417: Establishing an excise tax on the sales price of consumable hemp products sold or purchased at bars or restaurants
Died when the session ended · The General Assembly adjourned on April 19, 2024. Bills that didn’t pass both chambers died.
What it does
This bill establishes an excise tax on the sales price of consumable hemp products sold or purchased at bars and restaurants in this state. The bill imposes an excise tax of percent on the sales price of consumable hemp products sold at a bar or restaurant, but exempts the sales price of such consumable hemp products from the sales tax. The bill defines “bar” and “restaurant”. The department of revenue (DOR) is required to administer the excise tax. The bill requires DOR to administer the excise tax as nearly as possible in conjunction with the administration of the state sales and use tax laws. The moneys collected from the excise tax imposed in the bill are deposited into the general fund of the state.
Sponsors
Ways and Means committee
Cost
See the fiscal note
Senate File 2417 is estimated to impact annual revenues to the General Fund, the SAVE Fund, and the LOST by the amounts in Figure 1.
Lobbying · 1 for, 1 against
For: Iowa Distillers Alliance
Against: Iowa Restaurant Association
In plain words
- March 21, 2024Filed in the Senate
- March 21, 2024Approved by the Senate committee
- March 26, 2024Cost estimate (fiscal note) posted
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/90/SF2417