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.

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.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written