Bills › 91st General Assembly

SF 2137Signed by Governor · April 9, 2026

Relating to the definition of qualified education expenses

Sponsored by the Senate State Government Committee

Proposed by the Treasurer of State · all agency proposals

Topics:K–12 education

Same legislation: SSB 3027

Where it is now

  1. Done: IntroducedJanuary 14, 2026
  2. Done: SubcommitteeJanuary 14, 2026
  3. Done: Senate committeeJanuary 28, 2026
  4. Done: Passes the SenateMarch 3, 202644–0
  5. Done: House committeeMarch 18, 2026
  6. Done: Passes the HouseMarch 24, 202695–0
  7. Done: To the GovernorApril 9, 2026
  8. Done: Signed into lawApril 9, 2026

Signed into law What’s a funnel?

What’s in it

AI summary This bill removes a specific mention of a tax law update from the definition of what counts as a qualified education expense. It changes how the Iowa educational savings plan trust describes these expenses without changing the actual rules for what you can buy.1

Read the official explanation

For purposes of the Iowa educational savings plan trust (Code chapter 12D), this bill strikes an unnecessary reference to a specific amendment to the Internal Revenue Code in the definition of “qualified education expenses”. “Internal Revenue Code” is defined in Code chapter 12D to mean the Internal Revenue Code of 1986, as amended, and regulations promulgated thereunder (see Code section 12I.1).

Why it matters. People participating in the Iowa educational savings plan would see a change in how qualified education expenses are defined. This update removes a specific reference to an amendment in the Internal Revenue Code to simplify the existing definition.2

Full bill text · What changed before it passed3

House subcommittee

Named March 5, 2026. On March 10, 2026 it recommended passage.

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§12D.1

How the Code works4

Lobbying

1 for · 0 against · 2 undecided · Who →

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91st General Assembly