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91st General Assembly · Funnel one-pager · Monday, November 9, 2026

HF 1054: Relating to matters under the purview of the Iowa economic development authority and the department of workforce development, including tax credit limits, the major economic growth attraction program, layoffs and facility closures, the brownfield redevelopment fund, and the Iowa economic emergency fund; creation of the business incentives for growth program, the seed investor tax credit program, the Iowa film production incentive program, the research and development tax credit program, and the sustainable aviation fuel production tax credit program; elimination of the high quality jobs program, the investments in qualifying businesses tax credit, employer child care tax credits, assistive device tax credits, endow Iowa tax credits, and research activities tax credits; and including effective date provisions and criminal penalties

Died when the session ended · The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.

Sponsors

Ways and Means committee

Cost

Cost: up to $7,000

3 million The increase in investment tax credits is projected to decrease the statewide local option income surtax for schools by the following amounts: • FY 2026 = $3,000 • FY 2027 = $7,000 4 • FY 2028 = $5,000 • FY 2029 = $2,000 Division III — Business Incen…

House subcommittee · named March 6, 2025

  • Rep. Bobby Kaufmann (R) · bobby.kaufmann@legis.iowa.gov
  • Rep. Larry McBurney (D) · larry.mcburney@legis.iowa.gov
  • Rep. Carter F. Nordman (R) · carter.nordman@legis.iowa.gov
  • Rep. Elizabeth Wilson (D) · elizabeth.wilson@legis.iowa.gov
  • Rep. Derek Wulf (R) · derek.wulf@legis.iowa.gov

Lobbying · 28 for, 2 against

For: AMVC Management Services; Ames Regional Economic Alliance; Arconic (Formerly Alcoa); Cedar Rapids Metro Economic Alliance; City of Bettendorf; Gevo; Greater Des Moines Partnership; Greater Fort Dodge Growth Alliance; Iowa Association of Business and Industry (ABI); Iowa Biotechnology Association; Iowa Business Council; Iowa Chamber Alliance; and 16 more

Against: Coalition for Iowa Woodlands and Trees; Common Good Iowa

In plain words

  1. March 6, 2025Filed in the House and sent to the Ways and Means committee · as HSB 305
  2. March 6, 2025House subcommittee named: Kaufmann, McBurney, Nordman, Wilson and Wulf · as HSB 305
  3. March 27, 2025Subcommittee recommended passing it · as HSB 305
  4. May 12, 2025Approved by the House committee · as HSB 305
  5. May 12, 2025Committee vote: 17–5 · as HSB 305
  6. May 13, 2025Filed in the House
  7. May 13, 2025Cost estimate (fiscal note) posted
  8. May 13, 2025Approved by the House committee, and given a new number: HF 1054 · as HSB 305
  9. May 14, 2025Withdrawn

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/91/HF1054