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

SF 2440: Relating to the Iowa educational savings plan trust by expanding the plan trust to include career-related programs approved by the Iowa office of apprenticeship for purposes of withdrawals qualifying for an individual income tax deduction, and including retroactive applicability provisions

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 relates to the Iowa educational savings plan trust (529 plan) by expanding the plan trust to include career-related programs approved by the Iowa office of apprenticeship (office) for purposes of withdrawals qualifying for a state individual income tax deduction. The bill defines “career-related programs” to mean a class or a series of classes that do not qualify for college credit but match the needs and career goals of the beneficiary to develop the knowledge and skills necessary to pursue a new future career opportunity in the workplace, but does not include programs to develop knowledge for a current career.

Sponsors

Ways and Means (successor To Ssb 3128) committee

Cost

No fiscal note

Lobbying · 2 for, 0 against

For: Cedar Rapids Metro Economic Alliance; Plumbing Heating & Cooling Contractors of IA

In plain words

  1. April 11, 2024Filed in the Senate
  2. April 11, 2024Approved by the Senate committee
  3. April 19, 2024Passed the Senate, 32–14

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/SF2440