IA SF2470 | 2025-2026 | 91st General Assembly

Status

Sponsorship: Committee Bill
Status: Engrossed on March 31 2026 - 50% progression
Action: 2026-04-27 - Subcommittee recommends passage.
Text: Latest bill text (Amended) [HTML]

Summary

A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions. (Formerly SF 2085.)

Tracking Information

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Title

A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions. (Formerly SF 2085.)

Sponsors


Roll Calls

2026-03-31 - Senate - Shall the bill pass? (Y: 45 N: 1 NV: 0 Abs: 4) [PASS]
2026-03-12 - Senate - Senate Ways And Means Report (Y: 16 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2026-04-27HouseSubcommittee recommends passage.
2026-04-23HouseSubcommittee Meeting: 04/27/2026 3:00PM House Lounge.
2026-04-23HouseSubcommittee reassigned: Johnson, C., Lundgren and Wessel-Kroeschell. H.J. 997.
2026-04-15HouseTabled until future meeting.
2026-04-14HouseSubcommittee Meeting: 04/15/2026 12:00PM House Lounge.
2026-04-08HouseSubcommittee: Siegrist, Hora and Wessel-Kroeschell. H.J. 864.
2026-04-07HouseFiscal note.
2026-04-06HouseRead first time, referred to Ways and Means. H.J. 808.
2026-04-01HouseMessage from Senate. H.J. 788.
2026-03-31SenateImmediate message. S.J. 694.
2026-03-31SenatePassed Senate, yeas 45, nays 1. S.J. 694.
2026-03-31SenateAmendment S-5142 filed, adopted. S.J. 694.
2026-03-31SenateAmendment S-5146 filed, withdrawn. S.J. 694.
2026-03-18SenateFiscal note.
2026-03-12SenateCommittee report, approving bill. S.J. 563.
2026-03-12SenateIntroduced, placed on Ways and Means calendar. S.J. 560.

Same As/Similar To

SF2085 (Similar To) 2026-03-12 - Committee report approving bill, renumbered as SF 2470. S.J. 563.

Iowa State Sources


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