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

SSB 1239: Relating to the elimination of the individual income tax and alternate income tax by creating the taxpayer relief trust fund and income tax elimination board and fund, and making appropriations

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 the elimination of the individual income tax and alternate income tax by creating the taxpayer relief trust fund and income tax elimination board and fund. _____ CREATION OF TAXPAYER RELIEF TRUST FUND, INCOME TAX ELIMINATION FUND, AND BOARD. The bill creates the taxpayer relief trust fund (trust fund) and the income tax elimination fund (ITEF) for the purpose of reducing future individual income tax rates to zero. Under the bill, moneys are transferred through both funds before being used to fund the reduction of the individual income tax rate.

Sponsors

Not listed

Cost

No fiscal note

Senate subcommittee · named May 12, 2025

  • Sen. Dan Dawson (R) · dan.dawson@legis.iowa.gov
  • Sen. Jason Schultz (R) · jason.schultz@legis.iowa.gov
  • Sen. Thomas Townsend (D) · thomas.townsend@legis.iowa.gov

In plain words

  1. May 12, 2025Filed in the Senate and sent to the Ways and Means committee
  2. May 12, 2025Senate subcommittee named: Dawson, Schultz and Townsend

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/SSB1239