Iowa legislation · 91st General Assembly
Iowa HF601: A BILL FOR An Act relating to fees for wire transmissions, and related income tax credits
Status: In committee, March 30, 2026
An Act relating to fees for wire transmissions, and related income tax credits.
What the bill says
A bill FOR An Act relating to fees for wire transmissions, and related income tax credits.
From the introduced text, February 25, 2025:
A BILL FOR An Act relating to fees for wire transmissions, and related income tax credits. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 2765YH (3) nls/ko H.F. Section 1. NEW SECTION. 533C.1004 Wire transmission fees. 1. For purposes of this section, "wire transmission" means money transmission by wire including transmission within this country or to or from locations abroad. 2. In addition to any other fee required by law for a wire transmission, a licensee or the licensee's authorized delegate shall collect from a customer a fee of five dollars for each wire transmission equal to or less than five hundred dollars, and in addition to such fee, if applicable, an amount equal to two percent of the amount of the wire transmission in excess of five hundred dollars. 3. The fees collected under subsection 2 shall be remitted quarterly by the licensee or the licensee's authorized delegate to the department of revenue in the form and manner prescribed by the department of revenue, in consultation with the department of public safety. All required forms and remittances shall be filed with the department of revenue no later than the fifteenth day of the month following the close of each calendar quarter. 4. The department of revenue shall account for all fees remitted under subsection …
Sponsors
- Mark Thompson (R, 56) · primary sponsor
Latest actions
- : Withdrawn. H.J. 870 .
- : Committee report approving bill, renumbered as HF 2750 .
- : Committee vote: Yeas, 18. Nays, 4. Excused, 3. H.J. 761 .
- : Committee report, recommending amendment and passage. H.J. 761 .
- : Subcommittee recommends passage.
- : Subcommittee Meeting: 02/26/2026 8:00AM RM 304.
- : Subcommittee: Vondran, Meggers and Wichtendahl. H.J. 177 .
- : * * * * * END OF 2025 ACTIONS * * * * *
- : Subcommittee recommends amendment and passage.
- : Subcommittee Meeting: 03/25/2025 12:00PM RM 304.
Votes
- Committee report, recommending amendment and passage. H.J. 761 . (March 25, 2026): 18 yea, 4 nay, passed
Subjects: financial institutions, income taxes, money, tax credits
Common questions
- What is HF601?
- HF601 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act relating to fees for wire transmissions, and related income tax credits.
- What does HF601 do?
- In its own words: A bill FOR An Act relating to fees for wire transmissions, and related income tax credits.
- What is the status of HF601?
- In committee as of March 30, 2026. Latest action: Withdrawn. H.J. 870 . (April 9, 2026).
- Who sponsored HF601?
- Mark Thompson (R, 56).
- Where is the official record for HF601?
- On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+0601&ga=91
Source: official Iowa record. Tracked by Delilah, AI for legislation across all 50 states and Congress.