Relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and eliminating the repeal of the housing renewal pilot program

DIVISION I —— FY 2025-2026 APPROPRIATIONS. This bill appropriates moneys for FY 2025-2026 from the general fund of the state to the economic development authority (IEDA), Iowa finance authority (IFA), department of workforce development (IWD), Iowa state university of science and technology (ISU), state university of Iowa, and university of northern Iowa. The bill appropriates moneys for FY 2025-2026 from the Iowa skilled worker and job creation fund to IEDA, the state board of regents and institutions under the control of the board, and IWD. For FY 2025-2026, the bill limits standing appropriations to IEDA for the world food prize and tourism marketing.7 to IEDA. The bill also appropriates moneys for FY 2025-2026 from the special employment security contingency fund to IWD. The auditor of state is requested to review the audit of IFA performed by the auditor hired by IFA. The bill requires IEDA, the vocational rehabilitation services division, the state board of regents, and ISU to submit various reports to the general assembly. DIVISION II —— FY 2025-2026 CONTINGENT APPROPRIATION. For FY 2025-2026, the bill appropriates moneys from the grow Iowa values fund to IEDA for deposit in the grocer reinvestment and local food processing fund, if enacted by the general assembly. DIVISION III —— HOUSING RENEWAL PILOT PROGRAM. Under current law, the housing renewal pilot program is repealed July 1, 2025. The bill strikes the repeal date and continues the housing renewal pilot program. DIVISION IV —— GAMBLING GAMES TAX RECEIPTS APPROPRIATION. The bill decreases the standing appropriation to IEDA from the tax on adjusted gross receipts from gambling games.