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HF 872 Iowa House · 2025-2026 Regular Session

A bill for an act relating to the maximum annual gross income for an enterprise to qualify as a targeted small business.

HF 872 proposes to amend the criteria for an enterprise to qualify as a "targeted small business" in Iowa. The bill directly affects small businesses that are majority-owned and operated by women, minority persons, service-disabled veterans, or persons with a disability. It increases the maximum annual gross income threshold for these businesses to qualify, raising it from less than $4 million to less than $10 million, averaged over the three preceding fiscal years. This change would allow more businesses to be recognized under the "targeted small business" designation.
Issues: ✓ Budget & TaxesSupports Budget & TaxesIncreases income threshold for targeted small business tax benefits, expanding eligibility for tax relief to more qualifying businesses.85% confidence ✓ VeteransSupports VeteransBill explicitly includes service-disabled veterans in targeted small business criteria, raising income thresholds to support their business eligibility and access to benefits.85% confidence
Bill status passed 3 of 5 stages cleared
Introduction
Mar 2025
Committee Review
Apr 2025
House Passage
Mar 2025
Senate Passage
Governor
Introduced Mar 7, 2025 Last action Apr 22, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Reprinted · 3 edits
MINOR
This bill was reprinted with updated formatting and metadata to reflect its current status as a House-filed bill. The substantive policy content remains unchanged from the original version, including the definition of a targeted small business and the income threshold requirements. The main differences are administrative updates showing the bill was passed by the House on March 25, 2025, and improved formatting for clarity.
TECHNICAL

Added status information indicating the bill was passed by the House on March 25, 2025, and updated document formatting with proper headers and page numbering.

Included successor information noting this bill succeeds HF 112 in the legislative tracking system.

Improved layout and spacing of the bill text for better readability and professional presentation.

Floor votes · House Mar 25, 2025

How they voted

97–1
Passed · 3 other
Total votes 101
Mar 25, 2025
D Democratic33
32 Yea 1
96% Yea
R Republican68
65 Yea 1 Nay 2
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
13
Key actions
5
Committee
4
Amendments
3
Apr 2, 2025
Legislature · Passed
Subcommittee recommends passage.
legislature
Apr 1, 2025
Legislature · Passed
Subcommittee Meeting: 04/02/2025 9:30AM Room 217 Conference Room.
legislature
Mar 31, 2025
Upper · Passed
Subcommittee: Koelker, Knox, and Rowley.
upper
Mar 26, 2025
Committee
Referred to Commerce.
upper
Mar 25, 2025
Lower · Passed
Passed House, yeas 96, nays 1.
lower
Mar 25, 2025
Lower · Passed
Amendment H-1153 adopted, as amended.
lower
Mar 25, 2025
Introduced
Amendment H-1173 to amendment H-1153 filed, adopted.
lower
Mar 24, 2025
Introduced
Amendment H-1153 filed.
lower
Mar 7, 2025
Introduced
Introduced, placed on calendar.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.