Iowa Education Legislative Watch
StateOther education

HF 2799

Creates corporate headquarters tax credit and repeals new jobs tax credit

Creates a tax credit for large out-of-state-competing companies that expand or keep corporate headquarters in Iowa, and ends the old new jobs tax credit and major growth program. It also changes how community colleges fund job training and requires a study of the new jobs training program.

Official title

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.

Signed5 of 5

Where it stands

  1. Introduced
  2. Committee
  3. House
  4. Senate
  5. Governor

Last action, Jun 2: Signed by Governor. H.J. 1170.

Votes

History

  • Signed by Governor. H.J. 1170.House · Jun 2
  • Fiscal note.House · May 19
  • Reported correctly enrolled, signed by Speaker and President, and sent to Governor. H.J. 1164.House · May 13
  • Message from Senate. H.J. 1139.House · May 2
  • Immediate message. S.J. 1009.Senate · May 3
  • Passed Senate, yeas 41, nays 0. S.J. 1008.Senate · May 3
  • Substituted for SF 2506. S.J. 1008.Senate · May 3
  • Read first time, attached to SF 2506. S.J. 1002.Senate · May 3
  • Message from House. S.J. 1002.Senate · May 3
  • Immediate message. H.J. 1138.House · May 2
  • Passed House, yeas 78, nays 7. H.J. 1136.House · May 2
  • Amendment H-8480 filed, adopted. H.J. 1136.House · May 2
  • Fiscal note.House · May 2
  • Introduced, placed on Ways and Means calendar. H.J. 1087.House · May 2