HSB 755
Creates EDGE tax credit program and repeals new jobs tax credit
The bill creates a tax credit program for large out-of-state-competing businesses that move or expand corporate headquarters in Iowa, and repeals the older new jobs tax credit. It also creates a training fund for participating businesses and requires utilities to help fund a state electricity demand forecast.
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 including effective date provisions.(See HF 2799.)
Where it stands
- Introduced
- Committee
- House
- Senate
- Governor
Last action, May 2: Committee report approving bill, renumbered as HF 2799.
Votes
On these agendas
- Ways and Means CommitteeMay 1
Jacoby Sub Committee as a whole: HSB 770 SF 469 SF 2497 Consideration of Bills: HSB 755 SF 2492 SF 469 SF 2465 SF 2497 HSB 770 HF 2343 Any other bills at the discretio
- Ways and Means SubcommitteeMar 4
Discuss HSB 755. Discuss HSB 755.
History
- Committee report approving bill, renumbered as HF 2799.House · May 2
- Committee vote: Yeas, 19. Nays, 5. Excused, 1. H.J. 1084.House · May 1
- Committee report, recommending amendment and passage. H.J. 1084.House · May 1
- Subcommittee recommends passage.House · Mar 4
- Subcommittee Meeting: 03/04/2026 8:15AM RM 102.House · Feb 26
- Subcommittee: Lundgren, Hermanson and Wilson. H.J. 435.House · Feb 25
- Introduced, referred to Ways and Means. H.J. 434.House · Feb 25
- By COMMITTEE ON WAYS AND MEANSHouse · Feb 25