HF2308 • 2026

A bill for an act relating to state participation in the federal tax credit program for individual contributions to scholarship granting organizations.(See HF 2755 .)

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: FETT
Last action: 2026-04-09
Official status: Withdrawn. H.J. 870 .
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

A bill for an act relating to state participation in the federal tax credit program for individual contributions to scholarship granting organizations.(See HF 2755 .)

What This Bill Does

A bill for an act relating to state participation in the federal tax credit program for individual contributions to scholarship granting organizations.(See HF 2755 .)

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-04-09 Iowa Legislature
Withdrawn. H.J. 870 .
2026-04-06 Iowa Legislature
Committee report approving bill, renumbered as HF 2755 .
2026-04-01 Iowa Legislature
Committee vote: Yeas, 24. Nays, 1. H.J. 803 .
2026-04-01 Iowa Legislature
Committee report, recommending passage. H.J. 803 .
2026-03-31 Iowa Legislature
Subcommittee Meeting: 04/01/2026 12:00PM RM 304 (Cancelled).
2026-03-26 Iowa Legislature
Subcommittee reassigned: Wills, J., Gustoff and Wessel-Kroeschell. H.J. 761 .
2026-03-10 Iowa Legislature
Subcommittee recommends passage.
2026-03-04 Iowa Legislature
Subcommittee Meeting: 03/10/2026 12:00PM RM 304.
2026-02-12 Iowa Legislature
Subcommittee: Windschitl, Wessel-Kroeschell and Wills, J. H.J. 278 .
2026-02-06 Iowa Legislature
Introduced, referred to Ways and Means. H.J. 224 .

Official Summary Text

A bill for an act relating to state participation in the federal tax credit program for individual contributions to scholarship granting organizations.(See HF 2755 .)

Current Bill Text

Read the full stored bill text

House

File

2308

-

Introduced

HOUSE

FILE

2308

BY

FETT

A

BILL

FOR

An

Act

relating

to

state

participation

in

the

federal

tax

1

credit

program

for

individual

contributions

to

scholarship

2

granting

organizations.

3

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

4

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6112YH

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91

jm/jh

H.F.

2308

Section

1.

SCHOLARSHIP

GRANTING

PROGRAM.

1

1.

The

governor

shall

elect

to

participate

in

the

federal

2

tax

credit

established

by

section

25F

of

the

Internal

Revenue

3

Code

for

individuals

who

make

qualified

contributions

to

4

scholarship

granting

organizations.

5

2.

The

department

of

revenue

and

the

department

of

education

6

shall

follow

all

federal

laws

and

regulations

to

administer

the

7

federal

tax

credit

established

by

section

25F

of

the

Internal

8

Revenue

Code

to

ensure

the

state

is

eligible

to

participate

9

in

tax

years

beginning

on

or

after

January

1,

2027,

and

shall

10

annually

submit

all

required

information

to

the

secretary

of

11

the

treasury

of

the

United

States

for

participation.

12

EXPLANATION

13

The

inclusion

of

this

explanation

does

not

constitute

agreement

with

14

the

explanation’s

substance

by

the

members

of

the

general

assembly.

15

This

bill

relates

to

participation

in

the

federal

tax

16

credit

program

for

individual

contributions

to

scholarship

17

granting

organizations.

A

scholarship

granting

organization

18

is

a

nonprofit

entity

that

provides

scholarships

to

eligible

19

elementary

and

secondary

school

children

attending

a

nonpublic

20

school.

21

The

bill

requires

the

governor

to

elect

to

participate

22

in

the

federal

tax

credit

established

by

section

25F

of

the

23

Internal

Revenue

Code

(IRC).

The

bill

requires

the

department

24

of

revenue

and

the

department

of

education

follow

all

federal

25

laws

and

regulations

to

administer

the

federal

tax

credit

26

established

by

section

25F

of

the

IRC

to

ensure

the

state

is

27

eligible

to

participate

in

tax

years

beginning

on

or

after

28

January

1,

2027,

and

shall

annually

submit

all

required

29

information

to

the

secretary

of

the

treasury

of

the

United

30

States

for

participation.

31

A

scholarship

granting

organization

may

provide

scholarships

32

to

eligible

students

in

the

amount

of

$1,700

per

year

for

any

33

qualified

elementary

or

secondary

school

expenses

to

the

extent

34

allowed

by

federal

law.

35

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