Bills › 91st General Assembly

HF 208Died when the session ended · February 24, 2025

Relating to the allocation of workforce housing tax incentives available against the individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax

Sponsored by Rep. Brett Barker (R), Rep. Jacob Bossman (R), Rep. Bob Henderson (R), Rep. Heather Hora (R), Rep. Shannon Lundgren (R), Rep. Gary M. Mohr (R), Rep. Brent Siegrist (R), Rep. Jennifer J. Smith (R), Rep. Mike Vondran (R), Rep. Derek Wulf (R)

Topics:Housing & propertyTaxesHousing supply & costsTax credits & incentives

Where it is now

  1. Done: IntroducedFebruary 5, 2025
  2. Done: SubcommitteeFebruary 20, 2025
  3. Stopped: House committeeDied when the General Assembly ended
  4. Next: Passes the House
  5. Next: Senate committeeFunnel: by March 20, 2026
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

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. What’s a funnel?

What’s in it

AI summary This bill changes how money is shared for workforce housing tax credits. It limits how much of the leftover funding can be set aside for housing projects in Iowa's two largest counties. These new rules would apply to projects registered on or after July 1, 2025.1

Read the official explanation

Currently, certain economic development tax credit amounts are capped at $170 million in the aggregate per fiscal year under Code section 15.119. In allocating the tax credits pursuant to Code section 15.119, the workforce housing tax incentive program limit is $35 million in most instances, and of that amount allocated to workforce housing tax incentives, $17.5 million is reserved for projects in small cities. Of the remaining moneys not allocated to small cities, this bill specifies that no more than one-third of the remaining moneys shall be reserved for qualified housing projects wholly located in the two most populous counties in the state, that are registered on or after July 1, 2025.

Full bill text2

House subcommittee

Named February 20, 2025. On February 24, 2025 it recommended passage.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§15.119

How the Code works3

Lobbying

8 for · 1 against · 10 undecided · Who →

Family tree

91st General Assembly

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None got through a chamber.

  • HF 2149 Relating to the allocation of workforce housing tax incentives available against the indiv…
    90th General Assembly · Subcommittee recommends passage · same title
    Cleared committee

Matched by wording or an identical title.