2025-2026 Regular Session • Iowa Legislature
HF568
Legislative Summary
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.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
2/24/2025
Introduced, referred to Ways and Means. H.J. 415.
House of Representatives
Status Information
Current Status
Introduced(2/24/2025)
Chamber
House of Representatives
Committee
Ways and Means(House of Representatives)
Sponsors
Democrat: 1
Primary Sponsor
Dave Jacoby
Democrat