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

HF 2168: Creating a state remittance tax and including applicability provisions

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

What it does

This bill creates a remittance transfer tax at a rate of percent on the gross remittance transfer amount made by a sender in this state. §1693o-1(g), which generally defines remittance transfer to mean an electronic transfer of funds by a sender to a recipient, whether or not the sender holds an account with the remittance transfer provider. The bill defines “remittance provider” to mean any person or financial institution that provides remittance transfers for a consumer in the normal course of business, whether or not the consumer holds an account with such a person or financial institution.

Sponsors

Rep. Zach Dieken (R)

Cost

No fiscal note

Lobbying · 0 for, 6 against

Against: Building Bridges; Common Good Iowa; Dubuque For Refugee Children; Iowa Migrant Movement for Justice; Presentation Lantern Center; VALOR Iowa

In plain words

  1. January 27, 2026Filed in the House and sent to the Commerce committee

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/HF2168