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

SF 2506: 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; establishing the new jobs training program interim study committee; the research activities credit; and including effective date provisions

Died when the session ended · The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died.

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

Ways and Means (successor To Ssb 3103) committee

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…

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. May 1, 2026Filed in the Senate
  2. May 1, 2026Approved by the Senate committee
  3. May 2, 2026Cost estimate (fiscal note) posted
  4. May 3, 2026Withdrawn

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/SF2506