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

HSB 755: Relating to matters under the purview of the economic development authority, the utilities commission, and the department of education, including creation of the headquarters expansion and development for growth and employment program, and the business incentives for growth program training fund; repeal of the new jobs tax credit program; the major economic growth attraction program; load forecasting and analysis of electric transmission system expansion plans; creation of the electric transmission system expansion planning and analysis and load forecasting fund; the industrial new jobs training program; and including effective date provisions

Became HF 2799 · Its progress continues under the new number.

What it does

This bill relates to economic development authority programs and tax credits; load forecasting and the state electric transmission system expansion plans; and the industrial new jobs training program. DIVISION I —— HEADQUARTERS EXPANSION AND DEVELOPMENT FOR GROWTH AND EMPLOYMENT PROGRAM. The bill creates a headquarters expansion and development for growth and employment program (EDGE program) to provide tax incentives to eligible businesses. The qualifications for an eligible business, and the factors the economic development authority (authority) shall consider in determining if a business is eligible to participate in the EDGE program are provided in the bill.

Sponsors

Not listed

Cost

See the fiscal note

1 million Division II — Major Economic Growth Attraction Program Description Division II of the Bill extends the end date of the Major Economic Growth Attraction (MEGA) Program from January 1, 2027, to January 1, 2030. 000 billion in the State. The business mu…

House subcommittee · named February 25, 2026

  • Rep. Shannon Lundgren (R) · shannon.lundgren@legis.iowa.gov
  • Rep. Christian A. Hermanson (R) · christian.hermanson@legis.iowa.gov
  • Rep. Elizabeth Wilson (D) · elizabeth.wilson@legis.iowa.gov

Lobbying · 11 for, 6 against

For: AARP Iowa; AMVC Management Services; Cargill; Iowa Business Energy Coalition (IBEC); Iowa Business for Clean Energy; Iowa Economic Alliance; Iowa Economic Development Authority; Iowa Finance Authority; Iowa Workforce Development; National Federation of Independent Business (NFIB /IA); Wellmark, Inc.

Against: Iowa Association of Community College Trustees; Iowa Association of Electric Cooperatives; Iowa Association of Municipal Utilities; Iowa Central Community College; Magna Servies of America, Inc.; Missouri River Energy Services

In plain words

  1. February 25, 2026Filed in the House and sent to the Ways and Means committee
  2. February 25, 2026House subcommittee named: Lundgren, Hermanson and Wilson
  3. March 4, 2026Subcommittee recommended passing it
  4. May 1, 2026Approved by the House committee
  5. May 1, 2026Committee vote: 19–5
  6. May 2, 2026Approved by the House committee, and given a new number: HF 2799

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/HSB755