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HSB755

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 including effective date provisions.(See HF 2799.)

Introduced·2/25/26
Introduced Text

Iowa HSB755 creates the EDGE program for tax incentives, establishes a training fund, and repeals the new jobs tax credit program.

Iowa HSB755 creates the headquarters expansion and development for growth and employment program (EDGE program) to provide tax incentives to eligible businesses. The economic development authority (authority) determines eligibility based on factors like the project's economic impact and the business's global presence. 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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Where it stands

Current
In committee
Next
Committee decision

Sponsors

0
0
Democratic CaucusRepublican Caucus

Roll Call Votes

House Committee On Ways And Means Report

19 Yea

RRRRRRRRRDRRRRDRRRR

5 Nay

DDDDD

1 Absent

D

Calendar

Mar 4

8:15 AM

House Ways and Means Subcommittee

History

May 2

House

Committee report approving bill, renumbered as HF 2799.

May 1

House

Committee report, recommending amendment and passage. H.J. 1084.

May 1

House

Committee vote: Yeas, 19. Nays, 5. Excused, 1. H.J. 1084.