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HF2799

A bill for an act relating to matters under the purview of the economic development authority, the utilities commission, and the department of education, including creation of the headquarters expansion and development for growth and employment program, and the business incentives for growth program training fund; repeal of the new jobs tax credit program; the major economic growth attraction program; load forecasting and analysis of electric transmission system expansion plans; creation of the electric transmission system expansion planning and analysis and load forecasting fund; the industrial new jobs training program; and establishing the new jobs training program interim study committee; and including effective date provisions. (Formerly HSB 755.) Effective date: 06/02/2026, 07/01/2026.

Complete·6/2/26

Iowa HF2799 creates the headquarters expansion and development for growth and employment program, establishes a business incentives for growth.

Iowa HF2799 creates the headquarters expansion and development for growth and employment program (EDGE program) to provide tax incentives to eligible businesses. Eligible businesses must meet criteria such as having a global presence, significant market share, or national recognition in their industry. The economic development authority (authority) considers factors like the business's economic impact on the state and its potential to create jobs. The bill also establishes a business incentives for growth program training fund to reimburse training expenses for eligible businesses.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

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Democratic CaucusRepublican Caucus

Roll Call Votes

78 Yea

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7 Nay

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15 Absent

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History

Jun 2

House

Signed by Governor. H.J. 06/02.

May 19

House

Fiscal note.

May 13

House

Reported correctly enrolled, signed by Speaker and President, and sent to Governor. H.J. 05/13.