Bills › 91st General Assembly
Relating to state banks’ purchase of certain federal tax credits
Topics:Business & economyTaxesTax credits & incentives
Same legislation: HSB 312
Where it is now
- Done: IntroducedMarch 31, 2025
- Done: SubcommitteeApril 1, 2025
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: House committeeFunnel: by March 20, 2026
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Iowa state banks would be allowed to buy as many federal tax credits as they want for their own use. These credits are specifically related to certain federal energy programs.1
Read the official explanation
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.
Senate subcommittee
Named April 1, 2025. On April 16, 2025 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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91st General Assembly