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SF2301

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.(Formerly SSB 3103; See SF 2506.)

Introduced·2/12/26
Introduced Text

Iowa SF2301 creates the Headquarters Expansion and Development for Growth and Employment Program, establishes a Business Incentives for Growth.

Iowa SF2301 introduces the Headquarters Expansion and Development for Growth and Employment Program (EDGE Program) to provide tax incentives for eligible businesses. To qualify, businesses must meet criteria such as having a global presence, significant market share, or national recognition in their industry. The EDGE Program requires businesses to enter into agreements with the economic development authority, specifying criteria for successful completion of program requirements.

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

Senate Commerce Report

14 Yea

RRRRRDRRRRRDRR

2 Nay

DD

3 Absent

DRD

History

May 1

Senate

Committee report approving bill, renumbered as SF 2506. S.J. 960.

Feb 18

Senate

Subcommittee: Dawson, Gruenhagen, and Quirmbach. S.J. 314.

Feb 16

Senate

Referred to Ways and Means. S.J. 289.