Bills › 91st General Assembly
Relating to rehabilitation projects and tax incentives under the workforce housing tax incentives program
Where it is now
- Done: IntroducedFebruary 12, 2026
- Done: SubcommitteeFebruary 12, 2026
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill relates to rehabilitation projects and tax incentives issued under the workforce housing tax incentives program. The bill defines a “rehabilitation project” as a proposed housing project eligible to receive workforce housing tax incentives that includes at least four or more single-family dwelling units, except for a project located in a small city, then two or more single-family dwelling units; consists of the rehabilitation, repair, or redevelopment of dilapidated dwelling units; and the single-family dwelling units resulting from the proposed housing project are intended for resale to buyers who will occupy the units as a primary residence.
Read the full explanation
5 million. For FY 2027-2028, and for each fiscal year thereafter, the authority shall not award an amount of tax incentives in excess of $35 million. Under the bill, for FY 2026-2027, and for each fiscal year thereafter, the authority shall not award an amount of tax incentives in excess of $40 million. Of the $40 million, percent ($20 million) shall be reserved for allocation to qualified housing projects in small cities. Additionally, under the bill, of the $40 million, $5 million shall be reserved to award tax incentives to rehabilitation projects.5 million) shall be reserved for allocation to rehabilitation projects in small cities. _____ projects located in small cities, the authority may award the remaining amount of tax incentives to other rehabilitation projects during that same fiscal year. The maximum aggregate amount of tax incentives that may be awarded and issued to a housing business for a housing project or a rehabilitation project shall not exceed $1 million. The bill eliminates the requirement that the authority issue tax incentives under the program on a first-come, first-served basis.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
House subcommittee
Named February 12, 2026. It hasn’t reported yet.
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
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
1 for · 0 against · 5 undecided · Who →