SSB1205Introduced in the Senate
A bill for an act 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.(See SF 657.)
Introduced by Ways & Means
What does this bill do?
Plain-English breakdown
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Official description
A bill for an act 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.(See SF 657.)
Where it stands
Committee report approving bill, renumbered as SF 657.
May 12, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
By COMMITTEE ON WAYS AND MEANS
Introduced, referred to Ways and Means.
Subcommittee: Dawson, Dotzler, and Klimesh.
Subcommittee Meeting: 03/27/2025 12:00PM Senate Lounge.
Committee report approving bill, renumbered as SF 657.
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