What is the status of HF2525?

In committee as of February 16, 2026. Latest action: Introduced, referred to Ways and Means. H.J. 303 . (February 16, 2026).

Where is the official record for HF2525?

On the Iowa Legislature website: https://www.legis.iowa.gov/legislation/BillBook?ba=HF+2525&ga=91

Iowa legislation · 91st General Assembly

Iowa HF2525: A BILL FOR An Act creating tax deductions against the individual income tax for veterinarians by providing a deduction for income resulting from rural veterinarian loan repayments and by allowing a deduction for the amount of interest paid on student loans for attendance at a veterinary school, and including retroactive applicability provisions

Q: What is HF2525?

HF2525 is a bill in the Iowa Legislature (91st General Assembly): A BILL FOR An Act creating tax deductions against the individual income tax for veterinarians by providing a deduction for income resulting from rural veterinarian loan repayments and by allowing a deduction for the amount of interest paid on student loans for attendance at a veterinary school, and including retroactive applicability provisions.

Q: What does HF2525 do?

In its own words: A bill FOR An Act creating tax deductions against the individual income tax for veterinarians by providing a deduction for income resulting from rural veterinarian loan repayments and by allowing a deduction for the amount of interest paid on student loans for attendance at a veterinary school, and including retroactive applicability provisions.

Status: In committee, February 16, 2026

An Act creating tax deductions against the individual income tax for veterinarians by providing a deduction for income resulting from rural veterinarian loan repayments and by allowing a deduction for the amount of interest paid on student loans for attendance at a veterinary school, and including retroactive applicability provisions.

What the bill says

A bill FOR An Act creating tax deductions against the individual income tax for veterinarians by providing a deduction for income resulting from rural veterinarian loan repayments and by allowing a deduction for the amount of interest paid on student loans for attendance at a veterinary school, and including retroactive applicability provisions.

From the introduced text, February 16, 2026:

A BILL FOR An Act creating tax deductions against the individual income tax for veterinarians by providing a deduction for income resulting from rural veterinarian loan repayments and by allowing a deduction for the amount of interest paid on student loans for attendance at a veterinary school, and including retroactive applicability provisions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 5973YH (2) jm/jh H.F. 2525 Section 1. Section 422.7, Code 2026, is amended by adding the following new subsection: NEW SUBSECTION. 46. a. (1) Subtract, to the extent included, income resulting from loan repayments received under a program agreement entered into by a taxpayer who is a loan repayment recipient and the Iowa college student aid commission pursuant to section 256.226, if the taxpayer fulfills the obligation to engage in the practice of veterinary medicine according to terms of that section and the program agreement. (2) The deduction in subparagraph (1) shall not exceed the following limits: (a) For any tax year, fifteen thousand dollars. (b) For the aggregate of all tax years, sixty thousand dollars. (c) In any case, the amount of the outstanding eligible loan. b. (1) Subtract, to the extent not already excluded, the amount of interest paid by a veterinarian during the tax year on a qualified education loan for attendance …

What the bill says

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