HF872 • 2026

A bill for an act relating to the maximum annual gross income for an enterprise to qualify as a targeted small business. (Formerly HF 112 .)

Small Business Technology

Passed Legislature

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

Sponsor: COMMITTEE ON ECONOMIC GROWTH AND TECHNOLOGY
Last action: 2025-04-02
Official status: Subcommittee recommends passage.
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 the maximum annual gross income for an enterprise to qualify as a targeted small business. (Formerly HF 112 .)

A bill for an act relating to the maximum annual gross income for an enterprise to qualify as a targeted small business.

What This Bill Does

A bill for an act relating to the maximum annual gross income for an enterprise to qualify as a targeted small business.
(Formerly HF 112 .)

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

2025-04-22 Iowa Legislature
Explanation of vote. H.J. 1034 .
2025-04-02 Iowa Legislature
Subcommittee recommends passage.
2025-04-01 Iowa Legislature
Subcommittee Meeting: 04/02/2025 9:30AM Room 217 Conference Room.
2025-03-31 Iowa Legislature
Subcommittee: Koelker, Knox, and Rowley. S.J. 665 .
2025-03-26 Iowa Legislature
Referred to Commerce. S.J. 655 .
2025-03-25 Iowa Legislature
Read first time, passed on file. S.J. 638 .
2025-03-25 Iowa Legislature
Message from House. S.J. 638 .
2025-03-25 Iowa Legislature
Immediate message. H.J. 809 .
2025-03-25 Iowa Legislature
Passed House , yeas 96, nays 1. H.J. 796 .
2025-03-25 Iowa Legislature
Amendment H-1153 adopted, as amended. H.J. 795 .
2025-03-25 Iowa Legislature
Amendment H-1173 to amendment H-1153 filed, adopted. H.J. 795 .
2025-03-24 Iowa Legislature
Amendment H-1153 filed. H.J. 791 .
2025-03-07 Iowa Legislature
Introduced, placed on calendar. H.J. 565 .

Official Summary Text

A bill for an act relating to the maximum annual gross income for an enterprise to qualify as a targeted small business. (Formerly HF 112 .)

Current Bill Text

Read the full stored bill text

House

File

872

-

Reprinted

HOUSE

FILE

872

BY

COMMITTEE

ON

ECONOMIC

GROWTH

AND

TECHNOLOGY

(SUCCESSOR

TO

HF

112)

(As

Amended

and

Passed

by

the

House

March

25,

2025

)

A

BILL

FOR

An

Act

relating

to

the

maximum

annual

gross

income

for

an

1

enterprise

to

qualify

as

a

targeted

small

business.

2

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

3

HF

872

(4)

91

nls/ko/md

H.F.

872

Section

1.

Section

15.102,

subsection

12,

paragraph

a,

Code

1

2025,

is

amended

to

read

as

follows:

2

a.

“Targeted

small

business”

means

a

small

business

any

3

enterprise

which

is

fifty-one

percent

or

more

owned,

operated,

4

and

actively

managed

by

one

or

more

women,

minority

persons,

5

service-disabled

veterans,

or

persons

with

a

disability

6

provided

the

business

enterprise

meets

all

of

the

following

7

requirements:

8

(1)

Is

located

in

this

state.

9

(2)

Is

operated

for

profit

and

under

single

management

.

10

(3)

Has

fewer

than

twenty

employees

and

an

annual

gross

11

income

of

less

than

four

ten

million

dollars

computed

as

an

12

average

of

the

three

preceding

fiscal

years.

13

-1-

HF

872

(4)

91

nls/ko/md

1/

1