Iowa · 2025-2026 Regular Session · Bill

SF 2492: A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions.

Enacted Last action May 15, 2026: Signed by Governor.

Plain-language summary

SF 2492 is a bill introduced in the Iowa Senate on April 15, 2026. According to its official title, it concerns: A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions. Primary sponsor: COMMITTEE ON WAYS AND MEANS. Most recent recorded action (May 15, 2026): Signed by Governor.

Sponsors

Primary sponsor: COMMITTEE ON WAYS AND MEANS.