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

SSB 1127: SSB 1127

Became SF 551 · Its progress continues under the new number.

Sponsors

Not listed

Cost

See the fiscal note

The change in the Bill to the amount of depreciation allowed in the year an asset is placed in service is projected to reduce individual income, corporate income, and bank franchise taxes owed to the State and, therefore, reduce State General Fund revenue.

Senate subcommittee · named February 2, 2023

  • Sen. Carrie Koelker (R) · carrie.koelker@legis.iowa.gov
  • Sen. Adrian Dickey (R) · adrian.dickey@legis.iowa.gov
  • Sen. Cindy Winckler (D) · cindy.winckler@legis.iowa.gov

Lobbying · 5 for, 1 against

For: Iowa Association of Business and Industry (ABI); Iowa Farm Bureau Federation; Iowa Taxpayers Association; Lumen; National Federation of Independent Business (NFIB /IA)

Against: Common Good Iowa

In plain words

  1. February 2, 2023Filed in the Senate and sent to the Ways and Means committee
  2. February 2, 2023Senate subcommittee named: Koelker, Dickey and Winckler
  3. March 14, 2023Subcommittee recommended passing it
  4. March 15, 2023Approved by the Senate committee, and given a new number: SF 551

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/SSB1127