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IA SF645
IA SF645A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and the state board of regents and certain regents institutions, and extending the repeal date for the housing renewal pilot program. (Formerly SSB 1236.) Effective date: 07/01/2025.
summary
Introduced
04/30/2025
04/30/2025
In Committee
Crossed Over
05/13/2025
05/13/2025
Passed
06/11/2025
06/11/2025
Dead
Signed/Enacted/Adopted
06/11/2025
06/11/2025
Introduced Session
91st General Assembly
Bill Summary
An Act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and the state board of regents and certain regents institutions, and extending the repeal date for the housing renewal pilot program.
AI Summary
This bill is a comprehensive economic development appropriations act for Iowa's fiscal year 2025-2026, allocating funds to several key state agencies and outlining specific economic development goals and strategies. The Economic Development Authority is directed to focus on expanding the state's economy, increasing wealth, and growing population by supporting business development, entrepreneurship, and infrastructure improvements. The bill appropriates approximately $12.9 million to the authority, with specific allocations for programs like tourism, arts and culture, and international trade. The legislation also provides funding for the Iowa Finance Authority's rent subsidy and housing renewal programs, the Department of Workforce Development's various initiatives including offender reentry and vocational rehabilitation services, and the state's Regents institutions. Notably, the bill includes provisions for financial assistance, such as grants for women entrepreneurs and value-added agricultural research, and requires detailed reporting on financial assistance awarded. The bill extends the repeal date for the housing renewal pilot program from 2025 to 2028 and emphasizes job creation, workforce development, and supporting Iowa-based businesses across multiple sectors.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Appropriations (S)
Last Action
Explanations of votes. H.J. 1223. (on 06/27/2025)
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=SF645 |
| Fiscal Note/Analysis - NOBA: Final | https://www.legis.iowa.gov/docs/publications/NOBA/1528880.pdf |
| BillText | https://www.legis.iowa.gov/docs/publications/LGE/91/attachments/SF645.html |
| Fiscal Note/Analysis - NOBA: Senate Floor | https://www.legis.iowa.gov/docs/publications/NOBA/1527488.pdf |
| BillText | https://www.legis.iowa.gov/docs/publications/LGR/91/attachments/SF645.html |
| Fiscal Note/Analysis - NOBA: Senate Full Approps | https://www.legis.iowa.gov/docs/publications/NOBA/1526992.pdf |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/SF645.html |
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