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

Where it is now

1. ✓
   Done: IntroducedFebruary 12, 2026
2. ✓
   Done: SubcommitteeFebruary 18, 2026
3. ✓
   Done: Senate committeeFebruary 12, 2026
4. ✓
   Done: Passes the SenateMay 3, 202641–0
5. –
   Skipped: House committeeSkipped
6. ✓
   Done: Passes the HouseMay 2, 202678–7
7. ✓
   Done: To the GovernorMay 13, 2026
8. ✓
   Done: Signed into lawJune 2, 2026

HF 2799 became law → The same legislation passed as HF 2799, so this version was set aside. Go to HF 2799 What’s a funnel?

Amendments · 2

2 adopted · 0 failed. Newest first.

• S-5259Strike everything · filed May 3, 2026 by Sen. Mike Bousselot (R)

  AI summary This amendment replaces the entire bill with a new version that focuses only on creating the Headquarters Expansion and Development for Growth and Employment Program. This new program provides tax incentives to businesses that expand their corporate headquarters and create new, permanent jobs in Iowa. Its wording →

  Amends this SF 2506 to CONFORM to HF 2799
  Adopted
  May 3, 2026
• H-8480 · filed May 3, 2026 by

  AI summary This amendment redefines a "new job" as a permanent, full-time position added to an employer's payroll at the project location that exceeds their base employment level. It requires the department of revenue to share agreements between employers and community colleges with the department of workforce development for review and limits community college bonds to 70 percent of total training costs. Additionally, it excludes projects for professional degrees or basic computer skills from program costs and adds new members and evaluation tasks to the interim study committee. Its wording →
  Adopted
  May 2, 2026