HF2755 • 2026

A bill for an act relating to state participation in the federal tax credit program for individual contributions to scholarship granting organizations.(Formerly HF 2308 .)

Taxes

Passed Legislature

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

Sponsor: COMMITTEE ON WAYS AND MEANS
Last action: 2026-04-20
Official status: Subcommittee: Green, Dickey, and Winckler. S.J. 841 .
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.(Formerly HF 2308 .)

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.(Formerly HF 2308 .)

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

2026-04-20 Iowa Legislature
Subcommittee: Green, Dickey, and Winckler. S.J. 841 .
2026-04-13 Iowa Legislature
Referred to Ways and Means. S.J. 775 .
2026-04-09 Iowa Legislature
Read first time, passed on file. S.J. 764 .
2026-04-09 Iowa Legislature
Message from House. S.J. 764 .
2026-04-08 Iowa Legislature
Immediate message. H.J. 863 .
2026-04-08 Iowa Legislature
Passed House , yeas 89, nays 3. H.J. 854 .
2026-04-06 Iowa Legislature
Introduced, placed on Ways and Means calendar. H.J. 808 .

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.(Formerly HF 2308 .)

Current Bill Text

Read the full stored bill text

House

File

2755

-

Introduced

HOUSE

FILE

2755

BY

COMMITTEE

ON

WAYS

AND

MEANS

(SUCCESSOR

TO

HF

2308)

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

TLSB

6112HV

(3)

91

jm/jh

H.F.

2755

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

credit

16

program

for

individual

contributions

to

scholarship

granting

17

organizations.

A

scholarship

granting

organization

is

a

18

nonprofit

entity

that

provides

scholarships

to

pay

qualified

19

elementary

or

secondary

expenses

of

eligible

students

attending

20

elementary

or

secondary

school.

Eligible

expenses

include

21

tuition,

fees,

tutoring,

and

other

educational

supports

for

22

students

attending

public

or

private

schools.

A

scholarship

23

granting

organization

may

provide

scholarships

to

eligible

24

students

in

an

amount

not

to

exceed

$1,700

per

year.

25

The

bill

requires

the

governor

to

elect

to

participate

26

in

the

federal

tax

credit

established

by

section

25F

of

the

27

Internal

Revenue

Code

(IRC).

The

bill

requires

the

department

28

of

revenue

and

the

department

of

education

follow

all

federal

29

laws

and

regulations

to

administer

the

federal

tax

credit

30

established

by

section

25F

of

the

IRC

to

ensure

the

state

is

31

eligible

to

participate

in

tax

years

beginning

on

or

after

32

January

1,

2027,

and

shall

annually

submit

all

required

33

information

to

the

secretary

of

the

treasury

of

the

United

34

States

for

participation.

35

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