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

SSB 1215: Relating to state banks’ purchase of certain federal tax credits

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 state banks’ purchase of federal tax credits. Under the bill, a state bank may invest without limitation for its own account in federal tax credits authorized pursuant to U.S.C. §45 and U.S.C. §48.

Sponsors

Not listed

Cost

No fiscal note

Senate subcommittee · named April 1, 2025

  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov
  • Sen. Tony Bisignano (D) · tony.bisignano@legis.iowa.gov
  • Sen. Dawn Driscoll (R) · dawn.driscoll@legis.iowa.gov

Lobbying · 2 for, 0 against

For: Iowa Bankers Association; Quad Cities Chamber of Commerce

In plain words

  1. March 31, 2025Filed in the Senate and sent to the Ways and Means committee
  2. April 1, 2025Senate subcommittee named: Schultz, Bisignano and Dawson
  3. April 1, 2025Senate subcommittee named: Schultz, Bisignano and Driscoll
  4. April 16, 2025Subcommittee recommended passing it

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/SSB1215