Bill
Bill > SSB1215
IA SSB1215
A bill for an act relating to state banks' purchase of certain federal tax credits.
summary
Introduced
03/31/2025
03/31/2025
In Committee
03/31/2025
03/31/2025
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
This bill relates to state banks’ purchase of federal tax credits. Under the bill, a state bank may invest without limitation for its own account in federal tax credits authorized pursuant to 26 U.S.C. §45 and 26 U.S.C. §48.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Ways & Means (S)
Last Action
Subcommittee recommends passage. (on 04/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SSB1215 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/SSB1215.html |
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