HF 975 Iowa House · 2025-2026 Regular Session

A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, arts and culture, and the Iowa reinvestment Act and including applicability and retroactive applicability provisions.

HF 975 amends multiple economic development and community programs in Iowa, affecting local governments, businesses, and residents participating in initiatives like brownfield redevelopment, historic preservation, tourism marketing, and homelessness services. It modifies tax credit programs for brownfields, grayfields, and historic preservation, adjusts funding for tourism and community attraction, and updates the Iowa Reinvestment Act. The bill also clarifies applicability and retroactive provisions for these programs. Signed into law by the Governor on June 6, 2025, it updates existing frameworks rather than creating new programs.
Bill status signed all 5 stages cleared
Introduction
Mar 2025
Committee Review
House Passage
Apr 2025
Senate Passage
May 2025
Signed into Law
Jun 2025
Introduced Mar 24, 2025 Signed Jun 6, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Enrolled Enrolled with Governor's Action · 7 edits · Jun 6, 2025
MODERATE
This bill updates Iowa's economic development and tax credit programs by establishing a new review committee for the Strategic Infrastructure Program, modifying brownfield redevelopment tax credit rules to include competitive scoring and federal funding coordination, and adding new requirements for historic preservation tax credits regarding single-family dwelling units and project timelines.
Scope change
The bill expands applicability to include retroactive provisions for community attraction and tourism programs, and adds new review committee requirements for sports tourism marketing and infrastructure programs.
REQUIREMENT

Created a new review committee for the Strategic Infrastructure Program to evaluate financial assistance applications and make recommendations to the board.

Added competitive scoring requirements for brownfield redevelopment tax credit applications, requiring the council and board authority to review and score applications based on financial need, quality, and feasibility.

Added new requirements for audit and verification processes for registered redevelopment projects, including submission of examination reports and statements of qualifying investment.

Established new review committees for community attraction and tourism programs and sports tourism marketing and infrastructure programs, each composed of five board members with relevant expertise.

FISCAL

Added provisions requiring coordination between the authority, council, and board when applicants seek additional financial assistance from federal or state sources to prevent duplicate funding.

ELIGIBILITY

Modified historic preservation tax credit eligibility to exclude single-family dwelling units unless the project creates two or more new units that were not previously available for occupancy.

TIMELINE

Extended project completion timelines for historic preservation projects, allowing extensions of up to 12 consecutive months upon application for extenuating circumstances.

Floor votes · Senate May 12, 2025 · House Apr 21, 2025

How they voted

445
Passed
Total votes 49
May 12, 2025
D Democratic16
11 Yea 5 Nay
68% Yea
R Republican33
33 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
15
Key actions
3
Committee
0
Amendments
1
Jun 6, 2025
Signed into law
Signed by Governor.
lower
May 12, 2025
Upper · Passed
Passed Senate, yeas 45, nays 5.
upper
May 12, 2025
Introduced
Amendment S-3161 filed, lost.
upper
Apr 21, 2025
Lower · Passed
Passed House, yeas 83, nays 8.
lower
Mar 24, 2025
Introduced
Introduced, placed on Ways and Means calendar.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.