A bill for an act relating to the application for and acceptance of certain federal grants by state agencies.

This bill requires Iowa state agencies to obtain approval from the General Assembly before applying for or accepting certain large federal grants. It defines high-impact grants as those exceeding five million dollars, requiring state matching funds, or mandating new state legislation. State departments must submit detailed reports to the Legislative Services Agency outlining grant amounts, conditions, matching fund requirements, and plans for if funding is reduced or eliminated. The bill also mandates that agencies report any federal guidance documents they receive and allows the public to access these reports and guidance documents online through the General Assembly's website.