IowaSF 249291st General Assembly (2025–2026)SenateWALLET

A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions. (Formerly SF 2292, SSB 3105.) Effective date: 07/01/2026. Applicability date: 01/01/2026.

Sponsored By: COMMITTEE ON WAYS AND MEANS

Signed by Governor

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: 131 • No: 0

House vote • 5/2/2026

Passed House

Yes: 85 • No: 0

Senate vote • 4/27/2026

Passed Senate

Yes: 46 • No: 0

Actions Timeline

  1. Signed by Governor.

    5/15/2026Senate
  2. Fiscal note.

    5/14/2026legislature
  3. Reported correctly enrolled, signed by President and Speaker, and sent to Governor.

    5/11/2026Senate
  4. Message from House.

    5/2/2026Senate
  5. Immediate message.

    5/2/2026House
  6. Explanations of votes.

    5/2/2026House
  7. Passed House, yeas 85, nays 0.

    5/2/2026House
  8. Placed on Ways and Means calendar.

    5/1/2026House
  9. Committee vote: Yeas, 24. Nays, 0. Excused, 1.

    5/1/2026House
  10. Committee report, recommending passage.

    5/1/2026House
  11. Subcommittee recommends passage.

    4/30/2026legislature
  12. Subcommittee Meeting: 04/30/2026 8:30AM RM 102.

    4/29/2026legislature
  13. Subcommittee: Behn, Kurth and Siegrist.

    4/29/2026House
  14. Read first time, referred to Ways and Means.

    4/28/2026House
  15. Message from Senate.

    4/27/2026House
  16. Immediate message.

    4/27/2026Senate
  17. Passed Senate, yeas 46, nays 0.

    4/27/2026Senate
  18. Fiscal note.

    4/20/2026legislature
  19. Committee report, approving bill.

    4/15/2026Senate
  20. Introduced, placed on Ways and Means calendar.

    4/15/2026Senate

Bill Text

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