Iowa · 2025-2026 Regular Session · Bill

HF 568: A bill for an act excluding interest income earned from banks and credit unions from the calculations of Iowa net income for purposes of the individual income tax, and including effective date and retroactive applicability provisions.

In committee Last action February 24, 2025: Introduced, referred to Ways and Means.

Plain-language summary

HF 568 is a bill introduced in the Iowa House on February 24, 2025. According to its official title, it concerns: A bill for an act excluding interest income earned from banks and credit unions from the calculations of Iowa net income for purposes of the individual income tax, and including effective date and retroactive applicability provisions. Primary sponsor: Dave Jacoby (Democratic). Most recent recorded action (February 24, 2025): Introduced, referred to Ways and Means.

Sponsors

Primary sponsor: Dave Jacoby (Democratic).