Iowa legislation · 91st General Assembly
Iowa HF2342: An Act providing for the future repeal of tax credits
Status: In committee, February 6, 2026
An Act providing for the future repeal of tax credits.
What the bill says
A bill FOR An Act providing for the future repeal of tax credits.
From the introduced text, February 6, 2026:
A BILL FOR An Act providing for the future repeal of tax credits. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 6014YH (4) jm/jh H.F. 2342 DIVISION I FUTURE REPEAL OF EXISTING TAX CREDITS Section 1. Section 15.322, Code 2026, is amended to read as follows: 15.322 Future repeal. Sections 15.315, 15.316, 15.317, 15.318, 15.319, 15.320, 15.321, and this section, are repealed July 1, 2039 January 1, 2032. Sec. 2. Section 15.495, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 4. This section is repealed on January 1, 2031. Sec. 3. Section 15.496, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 3. This section is repealed January 1, 2029. Sec. 4. Section 15.507, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 4. This section is repealed on January 1, 2029. Sec. 5. Section 15.508, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 3. This section is repealed January 1, 2030. Sec. 6. Section 15.524, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 9. This section is repealed January 1, 2031. Sec. 7. Section 15.533, subsection 1, Code 2026, is amended to read as follows: 1. An eligible business that has entered into an agreement pursuant …
Sponsors
- David Sieck (R, 16) · primary sponsor
- Brent Siegrist (R, 19)
- Craig Williams (R, 11)
- Devon Wood (R, 17)
- Craig Johnson (R, 67)
- Daniel Gosa (D, 81)
- David Young (R, 28)
Latest actions
- : Introduced, referred to Ways and Means. H.J. 229 .
Subjects: rights, labor and employment, income taxes, credit, taxation, processing and production, tax credits
Common questions
- What is HF2342?
- HF2342 is a bill in the Iowa Legislature (91st General Assembly): An Act providing for the future repeal of tax credits.
- What does HF2342 do?
- In its own words: A bill FOR An Act providing for the future repeal of tax credits.
- What is the status of HF2342?
- In committee as of February 6, 2026. Latest action: Introduced, referred to Ways and Means. H.J. 229 . (February 6, 2026).
- Who sponsored HF2342?
- David Sieck (R, 16), with 6 co-sponsors.
- Where is the official record for HF2342?
- On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+2342&ga=91
Source: official Iowa record. Tracked by Delilah, AI for legislation across all 50 states and Congress.