A bill for an act relating to and making appropriations for the economic development of the state, including the economic development authority, Iowa finance authority, department of workforce development, and certain state board of regents institutions.

SSB 1223 is an appropriations bill allocating $12.99 million for Iowa's Economic Development Authority (EDA) for fiscal year 2025-2026. It directs the EDA to focus on statewide economic growth through business development, workforce recruitment, tourism marketing, and support for women entrepreneurs and value-added agriculture projects. The bill requires businesses receiving funds to hire only U.S. citizens or legally authorized workers, with penalties for noncompliance, and prohibits funding for geothermal snow-melting systems. Additional funding includes $1 million for the World Food Prize and $1.1 million for tourism advertising. This bill primarily affects state agencies, businesses receiving EDA support, and Iowa residents through economic development initiatives.