A bill for an act relating to the establishment of programs administered by the economic development authority, including the interactive digital entertainment program, game studio investment matching program, game industry fellowship program, and game studio grant program, and making appropriations.

HF 2389 establishes four new programs to support Iowa's game industry through the Economic Development Authority. It creates a tax credit program (up to 30% of development costs for qualifying companies with a $250k+ Iowa payroll), a matching grant program for private investments in Iowa studios (with forgivable loans requiring 75% in-state staff for 5 years), and a fellowship program offering $150k-$200k annual grants to bring industry professionals to Iowa for two years to teach, consult, or build industry infrastructure. The bill caps annual tax credit spending at $20 million and requires all programs to be administered by the Economic Development Authority. These programs directly affect Iowa game developers, investors in the industry, and experienced game industry professionals seeking relocation.