IA HF975

Bill

A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, arts and culture, and the Iowa reinvestment Act and including applicability and retroactive applicability provisions. (For

Introduced
03/24/2025

In Committee

Crossed Over
04/21/2025

Passed
06/06/2025

Dead

Signed/Enacted/Adopted
06/06/2025

Introduced Session

91st General Assembly

Bill Summary

AN ACT RELATING TO MATTERS UNDER THE PURVIEW OF THE ECONOMIC DEVELOPMENT AUTHORITY AND THE IOWA FINANCE AUTHORITY INCLUDING THE STRATEGIC INFRASTRUCTURE PROGRAM, BROWNFIELD, GRAYFIELD, AND REDEVELOPMENT TAX CREDITS, COMMUNITY ATTRACTION AND TOURISM, VISION IOWA, SPORTS TOURISM MARKETING, THE HISTORIC PRESERVATION TAX CREDIT, HOMELESSNESS, THE TITLE GUARANTY BOARD, ARTS AND CULTURE, AND THE IOWA REINVESTMENT ACT AND INCLUDING APPLICABILITY AND RETROACTIVE APPLICABILITY PROVISIONS.

AI Summary

This bill makes numerous changes to various economic development, housing, and cultural programs in Iowa. It modifies provisions related to the economic development authority, brownfield and grayfield redevelopment tax credits, community attraction and tourism programs, historic preservation tax credits, homelessness initiatives, the title guaranty board, and arts and culture funding. Key changes include expanding the area size for certain economic development districts from 75 to 125 acres, modifying review processes for tax credit applications, removing some existing councils and committees, and consolidating arts and culture funding into a new enhancement fund. The bill eliminates several existing programs like the Iowa Cultural Trust and Iowa Great Places Program, and transfers their remaining funds to the new arts and culture enhancement fund. It also gives more flexibility to the economic development authority and Iowa finance authority in administering various programs, such as removing mandatory rule-making requirements for homelessness initiatives and changing the governance structure of the title guaranty division. The bill aims to streamline administrative processes, provide more discretion to state agencies, and consolidate various economic and cultural development programs.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means (House)

Last Action

Signed by Governor. H.J. 1228. (on 06/06/2025)

Official Document

https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF975

(5 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF975
Final Fiscal Note — Economic Development Authority and Finance Authority, Programs and Duties	https://www.legis.iowa.gov/docs/publications/FN/1527457.pdf
BillText	https://www.legis.iowa.gov/docs/publications/LGE/91/attachments/HF975.html
Fiscal Note - Economic Development Authority and Finance Authority, Programs and Duties	https://www.legis.iowa.gov/docs/publications/FN/1525085.pdf
BillText	https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/HF975.html

Bill	Bill Name	Last Action	Type
HSB221	A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, and arts and culture, and including applicability and retroactive applicability provisions.(See HF 975.)	Committee report approving bill, renumbered as HF 975.	Related
SF465	A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, and arts and culture, and including applicability and retroactive applicability provisions.(Formerly SSB 1106; See SF 622,	Committee report approving bill, renumbered as SF 622. S.J. 781.	Similar To
SF622	A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, arts and culture, and the Iowa reinvestment Act and including applicability and retroactive applicability provisions.(Form	Committee report approving bill, renumbered as SF 642. S.J. 882.	Similar To
SF642	A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, arts and culture, and the Iowa reinvestment Act and including applicability and retroactive applicability provisions.(Form	Withdrawn. S.J. 960.	Similar To
SSB1106	A bill for an act relating to matters under the purview of the economic development authority and the Iowa finance authority including the strategic infrastructure program, brownfield, grayfield, and redevelopment tax credits, community attraction and tourism, vision Iowa, sports tourism marketing, the historic preservation tax credit, homelessness, the title guaranty board, and arts and culture, and including applicability and retroactive applicability provisions.(See SF 465, SF 622, SF 642.)	Committee report approving bill, renumbered as SF 465.	Related

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Introduced Session

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Committee Categories

Sponsors (0)

Other Sponsors (1)

Last Action

Official Document

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