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

Where it is now

1. ✓
   Done: IntroducedMarch 6, 2025
2. ✓
   Done: SubcommitteeMarch 6, 2025
3. ✓
   Done: House committeeMay 12, 2025
4. ✓
   Done: Passes the HouseMay 14, 202584–3
5. –
   Skipped: Senate committeeSkipped
6. ✓
   Done: Passes the SenateMay 13, 202544–1
7. ✓
   Done: To the GovernorMay 23, 2025
8. ✓
   Done: Signed into lawJune 6, 2025

SF 657 became law → The same legislation passed as SF 657, so this version was set aside. Go to SF 657 What’s a funnel?

Amendments · 3

2 adopted · 1 failed. Newest first.

• H-1351 · filed May 14, 2025 by

  AI summary This amendment removes a specific section of the bill. It does not provide details on what that specific section contained. Its wording →
  Failed
  29–58
  May 14, 2025
• H-1350Strike everything · filed May 14, 2025 by

  AI summary This amendment replaces the entire bill with a new version that focuses on setting limits and rules for various economic development tax credit programs. It establishes a total annual tax credit limit of 170 million dollars and specifies how much money is allocated to different programs, such as workforce housing and research and development. Its wording →

  Amends this HF 1054 to CONFORM to SF 657
  Adopted
  May 14, 2025
• S-3175 · filed May 13, 2025 by Sen. Dan Dawson (R)

  AI summary This amendment makes several changes to the bill, including lowering certain funding amounts and adding new rules for how tax credits are allocated and scored. It defines new terms like "retained job" and "program support," clarifies how businesses can claim refunds or credits, and establishes specific rules for housing projects and rural counties. Additionally, it modifies how the state handles the repayment or recapture of tax credits if a business defaults. Its wording →
  Adopted
  May 13, 2025