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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

  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 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

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. Signed by Governor.
  2. Fiscal note.
  3. Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
  4. Message from House.
  5. Immediate message.
  6. Explanations of votes.
  7. Passed House, yeas 85, nays 0.
  8. Placed on Ways and Means calendar.
  9. Committee vote: Yeas, 24. Nays, 0. Excused, 1.
  10. Committee report, recommending passage.
  11. Subcommittee recommends passage.
  12. Subcommittee Meeting: 04/30/2026 8:30AM RM 102.

Showing 12 most recent of 20 actions. Full history

Sources

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