IowaSF 247091st General Assembly (2025–2026)Senate

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.)

Sponsored By: COMMITTEE ON WAYS AND MEANS

Passed

ways and means

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • COMMITTEE ON WAYS AND MEANS

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 45 • No: 1

Senate vote 3/31/2026

Passed Senate

Yes: 45 • No: 1

Actions Timeline

  1. Subcommittee recommends passage.

    4/27/2026legislature
  2. Subcommittee Meeting: 04/27/2026 3:00PM House Lounge.

    4/23/2026House
  3. Subcommittee reassigned: Johnson, C., Lundgren and Wessel-Kroeschell.

    4/23/2026legislature
  4. Tabled until future meeting.

    4/15/2026legislature
  5. Subcommittee Meeting: 04/15/2026 12:00PM House Lounge.

    4/14/2026House
  6. Subcommittee: Siegrist, Hora and Wessel-Kroeschell.

    4/8/2026legislature
  7. Fiscal note.

    4/7/2026legislature
  8. Read first time, referred to Ways and Means.

    4/6/2026legislature
  9. Message from Senate.

    4/1/2026Senate
  10. Immediate message.

    3/31/2026legislature
  11. Passed Senate, yeas 45, nays 1.

    3/31/2026Senate
  12. Amendment S-5142 filed, adopted.

    3/31/2026legislature
  13. Amendment S-5146 filed, withdrawn.

    3/31/2026legislature
  14. Fiscal note.

    3/18/2026legislature
  15. Committee report, approving bill.

    3/12/2026legislature
  16. Introduced, placed on Ways and Means calendar.

    3/12/2026legislature

Bill Text

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