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IA HF2389
Bill
Status
Introduced
2/10/2026
Primary Sponsor
Gary Mohr
Click for details
AI Summary
- Establishes an Interactive Digital Entertainment Tax Credit Program offering tax credits up to 30% of qualified expenditures (plus 5% bonus for displaying "made in Iowa" logo) for video game developers with Iowa physical presence and minimum $250,000 state payroll.
- Creates a Game Studio Investment Matching Program providing forgivable loans that match private investments dollar-for-dollar in Iowa-based game development companies, capped at $20 million per company per fiscal year.
- Caps the aggregate value of Interactive Digital Entertainment Program tax credits at $20 million per fiscal year.
- Requires qualified developers to maintain physical presence in Iowa and submit documentation of qualified expenditures (labor, goods, services, production costs) to receive tax credit certificates.
- Creates an Interactive Digital Entertainment Program Fund in the state treasury, with unspent moneys rolling over to the succeeding fiscal year rather than reverting.
Legislative Description
A bill for an act relating to the establishment of programs administered by the economic development authority, including the interactive digital entertainment program, game studio investment matching program, game industry fellowship program, and game studio grant program, and making appropriations.
Last Action
Subcommittee Meeting: 02/18/2026 12:00PM RM 103 (Cancelled).
2/17/2026
Committee Referrals
Appropriations2/10/2026
Full Bill Text
No bill text available