SF 2344 creates a $3 million Parkinson’s disease prevention, research, and care fund in Iowa’s state treasury, managed by the Department of Health and Human Services. The fund allocates $1 million each for research grants (prioritizing cure development), caregiver support programs (including respite care and mental health resources), and developing a statewide plan addressing Parkinson’s disease. It requires an advisory council with diverse stakeholders (researchers, patient advocates, caregivers, medical professionals) and annual reports from grantees and the department. The bill mandates a comprehensive state plan covering prevention, diagnosis, care coordination, workforce development, and research priorities, with updates every five years. This legislation directly supports Iowans living with Parkinson’s disease, their caregivers, and research institutions conducting Parkinson’s-related work.
SSB 3100 establishes a 1.75% state percent of growth for school funding starting in the 2026 budget year (July 1, 2026), with a separate 1.75% categorical growth rate for specialized programs like transportation equity aid. It modifies how school districts calculate property tax replacement payments by basing them on weighted student enrollment and a formula comparing current and 2021 per-pupil costs, plus a fixed $153 base amount. This directly affects all Iowa public school districts receiving state funding, as it determines their annual property tax replacement payments. The bill sets the framework for future funding adjustments, requiring annual legislative action to set new growth rates after 2026.
This bill requires Iowa's auditor of state to annually create and update a list of practical, innovative best practices for efficiently using public funds - without needing new laws. The auditor must share these recommendations with all public entities (like cities, schools, and counties) and ask them to report which practices they're implementing. The auditor then compiles an annual report analyzing all responses to track progress on fund efficiency across state entities. It focuses on reporting and transparency, not on changing spending rules or creating new obligations.
SF 2292 updates Iowa's corporate tax code to maintain a deduction for net controlled foreign corporation tested income (NCTI), aligning with recent federal tax law changes. It replaces the outdated reference to "global intangible low-taxed income" (GILTI) with NCTI under federal Section 951A, ensuring Iowa businesses can still claim this deduction. The bill directly affects Iowa corporations with foreign operations that previously relied on this deduction under state law. It applies retroactively to tax years beginning January 1, 2026, to correct a technical gap caused by federal legislation.
This bill establishes new formulas for calculating state funding increases for schools starting in 2026, directly affecting all public school districts. It modifies how property tax replacement payments are handled, changes transportation equity aid funding rules, and sets new methods for adjusting school district budgets based on enrollment changes. The bill also creates a salary supplement for education support personnel and includes funding appropriations to implement these changes. All provisions take effect for the 2026 budget year.
SF 2373 modifies Iowa's MEGA economic development program to allow NFL franchises building a professional sports stadium in the state to qualify for incentives. The bill defines "sports stadium" as a facility hosting NFL games and adds stadium construction projects to the program's eligible business types, expanding beyond its current focus on advanced manufacturing, biosciences, or R&D. Eligible NFL franchises would receive tax incentives like sales tax refunds and investment credits, subject to the program's existing limits of two projects or a 2027 end date. The bill does not change the requirement that businesses must primarily engage in qualifying sectors, though stadium projects are now explicitly included.
SF 2441 requires Iowa cities and counties that impose hotel and motel taxes to spend at least 50% of the revenue on tourism development (such as public attractions or events) and tourism promotion (like advertising to attract visitors traveling more than 50 miles). It defines "tourism development" as creating public experiences for tourists and "tourism promotion" as programs designed to draw visitors. Starting with annual reports due December 1, 2027, local governments must detail how they used these funds. The remaining tax revenue can still be allocated to general city or county operations under existing rules.
HF 2550 establishes Iowa's Small Modular Reactor Committee within the Economic Development Authority to coordinate statewide development of small nuclear reactors. The bill creates financial incentives including a 30% tax credit on qualified capital investments for businesses building reactor projects (like design, manufacturing, power generation, or related supply chains) starting in 2027. It also allows communities to grant property tax exemptions for up to 20 years on improvements directly tied to jobs created by these facilities. The committee will review project applications within 180 days, designate priority development zones, and administer these incentives.
HF 2389 establishes four new programs to support Iowa's game industry through the Economic Development Authority. It creates a tax credit program (up to 30% of development costs for qualifying companies with a $250k+ Iowa payroll), a matching grant program for private investments in Iowa studios (with forgivable loans requiring 75% in-state staff for 5 years), and a fellowship program offering $150k-$200k annual grants to bring industry professionals to Iowa for two years to teach, consult, or build industry infrastructure. The bill caps annual tax credit spending at $20 million and requires all programs to be administered by the Economic Development Authority. These programs directly affect Iowa game developers, investors in the industry, and experienced game industry professionals seeking relocation.
This bill requires retail fuel dealers in Iowa to report total gasoline and diesel gallonage sold during a specific period (determination period) before their tax year ends. Retail dealers who fail to file this report on time lose eligibility for three fuel tax credits: E-85 promotion (422.11O), biodiesel blend (422.11P), and E-15 plus gasoline promotion (422.11Y) for that year and all future years until the report is filed. The report is used to calculate excise taxes on higher-blend fuels like E-15 and B-20. Non-compliance also triggers a $100 civil penalty per occurrence.
