Bill Text: IA HF598 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to the production, processing, distribution, and marketing of agricultural products, including by providing tax credits and making appropriations.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-03 - Introduced, referred to Agriculture. H.J. 491. [HF598 Detail]
Download: Iowa-2023-HF598-Introduced.html
House
File
598
-
Introduced
HOUSE
FILE
598
BY
ISENHART
A
BILL
FOR
An
Act
relating
to
the
production,
processing,
distribution,
1
and
marketing
of
agricultural
products,
including
by
2
providing
tax
credits
and
making
appropriations.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
TLSB
1664HH
(2)
90
da/ns
H.F.
598
DIVISION
I
1
IOWA-GROWN
FOOD
TAX
CREDIT
2
Section
1.
NEW
SECTION
.
137F.21
Iowa-grown
food
tax
credit.
3
1.
As
used
in
this
section:
4
a.
“Food”
means
raw,
cooked,
or
a
processed
edible
substance
5
intended
in
whole
or
in
part
for
human
consumption,
that
6
is
grown
or
processed
in
this
state.
“Food”
may
include
7
non-nutritional
ingredients
incapable
of
being
grown
or
8
processed
in
this
state.
9
b.
“Food
establishment”
means
a
grocery
store,
restaurant,
10
or
other
entity
that
sells
food
to
the
public
and
is
licensed
11
in
this
state.
12
c.
“Nonprofit
organization”
means
public
or
nonpublic
13
schools,
hospitals,
religious
institutions,
dependent
care
14
facilities,
child
care
facilities,
and
any
other
nonprofit
15
organization
in
this
state.
16
d.
“Wholesaler”
means
a
wholesale
food
business
licensed
in
17
this
state.
18
2.
a.
An
Iowa-grown
food
tax
credit
may
be
claimed
by
a
19
food
establishment
to
reduce
the
taxes
imposed
under
chapter
20
422,
subchapters
II
and
III,
that
is
equal
to
one
percent
of
21
the
sales
price
of
food
sold
by
the
food
establishment
in
this
22
state.
23
b.
An
Iowa-grown
food
tax
credit
may
be
claimed
by
a
24
wholesaler
to
reduce
the
taxes
imposed
under
chapter
422,
25
subchapters
II
and
III,
that
is
equal
to
one
percent
of
the
26
sales
price
of
food
sold
by
the
wholesaler
to
a
nonprofit
27
organization
in
this
state.
28
Sec.
2.
NEW
SECTION
.
422.12P
Iowa-grown
food
tax
credit.
29
The
taxes
imposed
under
this
subchapter,
less
the
credits
30
allowed
under
section
422.12,
shall
be
reduced
by
an
Iowa-grown
31
food
tax
credit
authorized
pursuant
to
section
137F.21.
32
Sec.
3.
Section
422.33,
Code
2023,
is
amended
by
adding
the
33
following
new
subsection:
34
NEW
SUBSECTION
.
33.
The
taxes
imposed
under
this
subchapter
35
-1-
LSB
1664HH
(2)
90
da/ns
1/
4
H.F.
598
shall
be
reduced
by
an
Iowa-grown
food
tax
credit
under
section
1
137F.21.
2
DIVISION
II
3
SPECIALTY
CROPS
——
APPROPRIATIONS
4
Sec.
4.
SPECIALTY
CROPS
——
FISCAL
YEAR
2023-2024.
5
1.
Notwithstanding
section
8.57G,
subsection
2,
there
is
6
appropriated
from
the
Iowa
coronavirus
fiscal
recovery
fund
7
to
the
economic
development
authority
for
the
fiscal
year
8
beginning
July
1,
2023,
and
ending
June
30,
2024,
the
following
9
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
10
purposes
designated:
11
For
awarding
grants
to
support
persons
engaged
in
12
community-based
initiatives
to
expand
the
capacity
of
13
operations
engaged
in
processing,
distributing,
and
marketing
14
specialty
crops:
15
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
10,000,000
16
2.
The
economic
development
authority
shall
provide
a
17
preference
to
applicants
who
are
beginning
farmers
or
ranchers
18
or
socially
disadvantaged
farmers
or
ranchers
as
defined
in
7
19
U.S.C.
§2279.
20
3.
The
economic
development
authority
shall
provide
a
21
preference
to
applicants
who
have
been
awarded
matching
moneys
22
from
entities
other
than
state
agencies
receiving
funding
under
23
the
American
Rescue
Plan
Act
of
2021,
Pub.
L.
No.
117-2.
24
4.
In
establishing
criteria
to
award
grants
and
in
selecting
25
applicants
to
receive
grants
under
this
section,
the
economic
26
development
authority
shall
cooperate
with
the
department
of
27
agriculture
and
land
stewardship.
28
5.
a.
As
used
in
this
section,
“specialty
crop”
means
a
29
plant
or
part
of
a
plant
having
commercial
value
and
intended
30
to
be
marketed
or
used
for
human
consumption.
31
b.
“Specialty
crop”
does
not
include
corn,
grain
sorghum,
32
oats,
soybeans,
or
wheat.
33
Sec.
5.
SPECIALTY
CROPS
——
FISCAL
YEAR
2024-2025.
34
1.
Notwithstanding
section
8.57G,
subsection
2,
there
is
35
-2-
LSB
1664HH
(2)
90
da/ns
2/
4
H.F.
598
appropriated
from
the
Iowa
coronavirus
fiscal
recovery
fund
1
to
the
economic
development
authority
for
the
fiscal
year
2
beginning
July
1,
2024,
and
ending
June
30,
2025,
the
following
3
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
4
purposes
designated:
5
For
awarding
grants
to
support
persons
engaged
in
6
community-based
initiatives
to
expand
the
capacity
of
7
operations
engaged
in
processing,
distributing,
and
marketing
8
specialty
crops:
9
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
10,000,000
10
2.
The
economic
development
authority
shall
provide
a
11
preference
to
applicants
who
are
beginning
farmers
or
ranchers
12
or
socially
disadvantaged
farmers
or
ranchers
as
defined
in
7
13
U.S.C.
§2279.
14
3.
The
economic
development
authority
shall
provide
a
15
preference
to
applicants
who
have
been
awarded
matching
moneys
16
from
entities
other
than
state
agencies
receiving
funding
under
17
the
American
Rescue
Plan
Act
of
2021,
Pub.
L.
No.
117-2.
18
4.
In
establishing
criteria
to
award
grants
and
in
selecting
19
applicants
to
receive
grants
under
this
section,
the
economic
20
development
authority
shall
cooperate
with
the
department
of
21
agriculture
and
land
stewardship.
22
5.
a.
As
used
in
this
section,
“specialty
crop”
means
a
23
plant
or
part
of
a
plant
having
commercial
value
and
intended
24
to
be
marketed
or
used
for
human
consumption.
25
b.
“Specialty
crop”
does
not
include
corn,
grain
sorghum,
26
oats,
soybeans,
or
wheat.
27
EXPLANATION
28
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
29
the
explanation’s
substance
by
the
members
of
the
general
assembly.
30
DIVISION
I
——
IOWA-GROWN
FOOD
TAX
CREDIT.
This
bill
creates
31
an
Iowa-grown
food
tax
credit
that
may
be
claimed
by
a
food
32
establishment
(e.g.,
a
grocery
store)
equal
to
1
percent
of
the
33
sales
price
of
food
sold.
The
tax
credit
may
also
be
claimed
34
by
a
wholesaler
equal
to
1
percent
of
the
sales
price
sold
to
a
35
-3-
LSB
1664HH
(2)
90
da/ns
3/
4
H.F.
598
nonprofit
corporation.
1
DIVISION
II
——
SPECIALTY
CROPS
——
APPROPRIATIONS.
The
bill
2
appropriates
moneys
from
the
Iowa
coronavirus
fiscal
recovery
3
fund
to
the
economic
development
authority
(authority)
for
4
fiscal
years
2023-2024
and
2024-2025
for
purposes
of
supporting
5
persons
engaged
in
community-based
initiatives
to
expand
the
6
capacity
of
operations
engaged
in
processing,
distributing,
and
7
marketing
a
specialty
crop.
A
specialty
crop
includes
a
plant
8
or
part
of
a
plant
having
commercial
value
which
is
intended
9
for
human
use
but
does
not
include
corn,
grain
sorghum,
oats,
10
soybeans,
or
wheat.
In
awarding
moneys
to
an
applicant,
the
11
authority
must
provide
a
preference
to
a
beginning
farmer
or
12
rancher
or
socially
disadvantaged
farmer
or
rancher.
The
13
authority
must
also
provide
a
preference
to
an
applicant
who
14
has
been
awarded
matching
moneys
from
an
entity
other
than
15
a
state
agency
receiving
funding
under
the
federal
American
16
Rescue
Plan
Act.
In
establishing
criteria
to
award
grants
17
and
in
selecting
applicants
to
receive
grants,
the
authority
18
must
cooperate
with
the
department
of
agriculture
and
land
19
stewardship.
20
-4-
LSB
1664HH
(2)
90
da/ns
4/
4
