A bill for an act relating to the military home ownership assistance program, making appropriations, and including effective date provisions.
This bill appropriates $750,000 from Iowa's general fund to the Iowa Finance Authority for fiscal year 2025-2026 to support the Military Home Ownership Assistance Program. It directly assists current and former U.S. military members who qualify under existing law (Iowa Code § 16.54) by supplementing funds for home purchases. The bill ensures unspent funds from this appropriation carry over into the next fiscal year instead of reverting, and it takes effect immediately upon enactment. This is a supplemental funding measure supporting an existing program, not a new policy.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2026
Last action Feb 11, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
1
Committee
1
Feb 11, 2026
Upper · Passed
Subcommittee: Zumbach, Blake, and Kraayenbrink.
upper
Feb 10, 2026
Introduced
Introduced, referred to Appropriations.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Catelin Drey
DDemocratic
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