SF 465 Iowa Senate · 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, and arts and culture, and including applicability and retroactive applicability provisions.

This bill amends multiple economic development programs in Iowa, including tax credits for brownfield redevelopment, historic preservation, community tourism, and Vision Iowa. It streamlines application processes by requiring review committees for tourism programs, sets 30-month project completion deadlines for tax credit projects, and mandates independent audits for tax credit claims. The bill repeals outdated sections of law, transfers unspent funds to Vision Iowa, and applies retroactively to past applicants for tourism and redevelopment programs. It directly affects businesses, local governments, and developers seeking tax credits or financial assistance under these programs. The changes aim to clarify administrative procedures without altering the core funding mechanisms.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2025 Last action Apr 14, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
5
Committee
6
Apr 14, 2025
Upper · Passed
Committee report approving bill, renumbered as SF 622.
upper
Mar 27, 2025
Legislature · Passed
Subcommittee recommends passage.
legislature
Mar 24, 2025
Legislature · Passed
Subcommittee Meeting: 03/27/2025 1:00PM Senate Lounge.
legislature
Mar 11, 2025
Upper · Passed
Subcommittee: Dawson, Gruenhagen, and Quirmbach.
upper
Mar 4, 2025
Committee
Referred to Ways and Means.
upper
Feb 27, 2025
Upper · Passed
Committee report, approving bill.
upper
Feb 27, 2025
Introduced
Introduced, placed on calendar.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.