Iowa HF2746 directs the Department of Revenue to study the feasibility of a reciprocal tax agreement with Wisconsin.

Iowa HF2746 mandates the Department of Revenue to investigate the viability of a reciprocal tax agreement with Wisconsin. This study aims to determine if such an agreement would benefit both states, particularly given the significant number of residents working across state lines. If the agreement is deemed feasible, the Department of Revenue must submit a proposed agreement to the legislative services agency before the 2027 regular session for authorization. The bill takes effect immediately upon enactment.

Iowa HF2746 directs the Department of Revenue to study the feasibility of a reciprocal tax agreement with Wisconsin.

Iowa HF2746 mandates the Department of Revenue to investigate the viability of a reciprocal tax agreement with Wisconsin. This study aims to determine if such an agreement would benefit both states, particularly given the significant number of residents working across state lines. If the agreement is deemed feasible, the Department of Revenue must submit a proposed agreement to the legislative services agency before the 2027 regular session for authorization. The bill takes effect immediately upon enactment.