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Iowa · 2025-2026 Regular Session · Bill

SF 2470: A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions.

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SF 2470 is a bill introduced in the Iowa Senate on March 12, 2026. According to its official title, it concerns: A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions. Primary sponsor: COMMITTEE ON WAYS AND MEANS. Most recent recorded action (April 27, 2026): Subcommittee recommends passage.

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

Sponsors

NameRolePartyChamberDistrict
COMMITTEE ON WAYS AND MEANSPrimary sponsorNot applicable (committee)——

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Subcommittee recommends passage.
  2. Subcommittee Meeting: 04/27/2026 3:00PM House Lounge.
  3. Subcommittee reassigned: Johnson, C., Lundgren and Wessel-Kroeschell.
  4. Tabled until future meeting.
  5. Subcommittee Meeting: 04/15/2026 12:00PM House Lounge.
  6. Subcommittee: Siegrist, Hora and Wessel-Kroeschell.
  7. Fiscal note.
  8. Read first time, referred to Ways and Means.
  9. Message from Senate.
  10. Immediate message.
  11. Passed Senate, yeas 45, nays 1.
  12. Amendment S-5142 filed, adopted.

Showing 12 most recent of 16 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source