Iowa · 2025-2026 Regular Session · Proposed Bill

HSB 687: A bill for an act relating to medical cannabidiol by providing deductions from the individual and corporate income taxes for expenses incurred by medical cannabidiol manufacturers and dispensaries, and including retroactive applicability provisions.

In committee Last action March 10, 2026: Subcommittee recommends passage.

Plain-language summary

HSB 687 is a proposed bill introduced in the Iowa House on February 5, 2026. According to its official title, it concerns: A bill for an act relating to medical cannabidiol by providing deductions from the individual and corporate income taxes for expenses incurred by medical cannabidiol manufacturers and dispensaries, and including retroactive applicability provisions. Primary sponsor: COMMITTEE ON WAYS AND MEANS. Most recent recorded action (March 10, 2026): Subcommittee recommends passage.

Sponsors

Primary sponsor: COMMITTEE ON WAYS AND MEANS.