HF 975: Relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, arts and culture, and the Iowa reinvestment Act and including applicability and retroactive applicability provisions

What it does

This bill relates to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, and arts and culture. Division I eliminates the requirement that the Iowa innovation council review and make recommendations on all applications received by the Iowa economic development authority (IEDA) for financial assistance under the Iowa strategic infrastructure program, and instead requires a committee appointed by the IEDA director to conduct a review and make recommendations.

House subcommittee · named February 20, 2025

• Rep. Jane Bloomingdale (R) · jane.bloomingdale@legis.iowa.gov
• Rep. Lindsay James (D) · lindsay.james@legis.iowa.gov
• Rep. Derek Wulf (R) · derek.wulf@legis.iowa.gov

Lobbying · 13 for, 0 against

For: Ames Regional Economic Alliance; BLD Connection Iowa; Cedar Rapids Metro Economic Alliance; Council Bluffs Chamber of Commerce; Dubuque Area Chamber of Commerce; Greater Des Moines Partnership; Independent Venue Association of Iowa; Iowa Bicycle Coalition; Iowa Chamber Alliance; Iowa Housing Partnership; Iowa State Bar Association; Marshalltown Area Chamber of Commerce; and 1 more

In plain words

1. February 20, 2025Filed in the House and sent to the Ways and Means committee · as HSB 221
2. February 20, 2025House subcommittee named: Bloomingdale, James and Wulf · as HSB 221
3. March 5, 2025Subcommittee recommended passing it · as HSB 221
4. March 20, 2025Approved by the House committee · as HSB 221
5. March 20, 2025Committee vote: 24–0 · as HSB 221
6. March 24, 2025Filed in the House
7. March 24, 2025Approved by the House committee, and given a new number: HF 975 · as HSB 221
8. April 3, 2025Cost estimate (fiscal note) posted
9. April 21, 2025Passed the House, 83–8
10. May 12, 2025Took the place of SF 642 on the Senate floor (the same legislation)
11. May 12, 2025Passed the Senate, 45–5
12. May 22, 2025Sent to the Governor
13. June 6, 2025Cost estimate (fiscal note) posted
14. June 6, 2025Signed into law