Modifying state income tax withholdings for winnings derived from slot machines, and including effective date provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 12, 2026
2. ✓
   Done: SubcommitteeFebruary 12, 2026
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 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 modifies state income tax withholdings for winnings derived from slot machines. Currently, state income tax is required to be withheld from winnings derived from a slot machine in excess of $1,200. The bill strikes the $1,200 threshold requirement, and requires state income tax withholdings only if the slot machine winnings are required to be reported on an information return for federal purposes. An information return is generally a return that sends information to the federal Internal Revenue Service that reports specific transactions but does not calculate the amount of tax owed. The bill takes effect upon enactment.

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. Meeting: Thursday, February 26 · 12:30 PM · House Lounge (Cancelled).

• Rep. Jane Bloomingdale REmail
• Rep. Christian A. Hermanson REmail
• Rep. David Jacoby DEmail

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§422.16

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works