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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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.
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
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| COMMITTEE ON WAYS AND MEANS | Primary sponsor | Not 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
- Signed by Governor.
- Fiscal note.
- Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
- Message from House.
- Immediate message.
- Explanations of votes.
- Passed House, yeas 85, nays 0.
- Placed on Ways and Means calendar.
- Committee vote: Yeas, 24. Nays, 0. Excused, 1.
- Committee report, recommending passage.
- Subcommittee recommends passage.
- Subcommittee Meeting: 04/30/2026 8:30AM RM 102.
Showing 12 most recent of 20 actions. Full history