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

SSB 1205: Relating to matters under the purview of the Iowa economic development authority, including tax credit limits, targeted jobs tax credits, and the major economic growth attraction program; creation of the business incentives for growth program, the seed investor tax credit program, the Iowa film production incentive program, the research and development tax credit program, and the sustainable aviation fuel production tax credit program; elimination of the high quality jobs program, the investments in qualifying businesses tax credit, employer child care tax credits, assistive device tax credits, endow Iowa tax credits, and research activities tax credits; and including effective date provisions and criminal penalties

Became SF 657 · Its progress continues under the new number.

What it does

_____ business incentives for growth program, the seed investor tax credit program, the Iowa film production incentive program, the research and development tax credit program, and the sustainable aviation fuel production tax credit program; elimination of the high quality jobs program, the investments in qualifying businesses tax credit, employer child care tax credits, assistive device tax credits, endow Iowa tax credits, and research activities tax credits; and makes conforming changes. DIVISION I —— ECONOMIC DEVELOPMENT PROGRAMS —— TAX CREDIT LIMITS.

Sponsors

Not listed

Cost

See the fiscal note

3 million The increase in investment tax credits is projected to decrease the statewide local option income surtax for schools by the following amounts: • FY 2026 = $3,000 • FY 2027 = $7,000 4 • FY 2028 = $5,000 • FY 2029 = $2,000 Division III — Business Incen…

Senate subcommittee · named March 5, 2025

  • Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
  • Sen. William A. Dotzler Jr. (D) · bill.dotzler@legis.iowa.gov
  • Sen. Mike Klimesh (R) · mike.klimesh@legis.iowa.gov

Lobbying · 28 for, 2 against

For: AMVC Management Services; Ames Regional Economic Alliance; Arconic (Formerly Alcoa); Cedar Rapids Metro Economic Alliance; City of Bettendorf; Gevo; Greater Des Moines Partnership; Greater Fort Dodge Growth Alliance; Iowa Association of Business and Industry (ABI); Iowa Biotechnology Association; Iowa Business Council; Iowa Chamber Alliance; and 16 more

Against: Coalition for Iowa Woodlands and Trees; Common Good Iowa

In plain words

  1. March 4, 2025Filed in the Senate and sent to the Ways and Means committee
  2. March 5, 2025Senate subcommittee named: Dawson, Dotzler and Klimesh
  3. May 12, 2025Approved by the Senate committee, and given a new number: SF 657

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/SSB1205