Iowa legislation · 91st General Assembly
Iowa HF2017: A BILL FOR An Act creating a state work opportunity tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions
Status: In committee, January 22, 2026
An Act creating a state work opportunity tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions.
What the bill says
A bill FOR An Act creating a state work opportunity tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions.
From the introduced text, January 13, 2026:
A BILL FOR An Act creating a state work opportunity tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 5223YH (3) jm/jh H.F. 2017 Section 1. NEW SECTION. 422.12R Work opportunity tax credit. 1. The taxes imposed under this subchapter less the credits allowed under section 422.12 shall be reduced by a work opportunity tax credit for tax years beginning on or after January 1, 2026, that is equal to one hundred percent of the federal work opportunity tax credit provided in section 51 of the Internal Revenue Code. 2. Any credit in excess of tax liability is not refundable but the excess for the tax year may be credited to the tax liability for the following tax year. Sec. 2. Section 422.33, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 4. a. The taxes imposed under this subchapter shall be reduced by a work opportunity tax credit for tax years beginning on or after January 1, 2026, that is equal to one hundred percent of the federal work opportunity tax credit provided in section 51 of the Internal Revenue Code. b. The taxpayer may claim the credit pursuant to this subsection according to the same requirements, …
Sponsors
- Chad Ingels (R, 68) · primary sponsor
Latest actions
- : Subcommittee recommends passage.
- : Subcommittee Meeting: 01/20/2026 12:00PM RM 19.
- : Subcommittee: Ingels, McBurney and Weldon. H.J. 97 .
- : Introduced, referred to Labor and Workforce. H.J. 43 .
Subjects: labor and employment, income taxes, corporate taxes, tax credits
Common questions
- What is HF2017?
- HF2017 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act creating a state work opportunity tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions.
- What does HF2017 do?
- In its own words: A bill FOR An Act creating a state work opportunity tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions.
- What is the status of HF2017?
- In committee as of January 22, 2026. Latest action: Subcommittee recommends passage. (January 22, 2026).
- Who sponsored HF2017?
- Chad Ingels (R, 68).
- Where is the official record for HF2017?
- On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+2017&ga=91
Source: official Iowa record. Tracked by Delilah, AI for legislation across all 50 states and Congress.