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IA HF2661
Bill
Status
2/23/2026
Primary Sponsor
Economic Growth And Technology
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AI Summary
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Creates an Interactive Digital Entertainment Tax Credit Program offering tax credits up to 30% of qualified expenditures for video game developers with a physical presence in Iowa and minimum payroll of $250,000, with an additional 5% credit for displaying a "made in Iowa" logo
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Establishes 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
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Creates a Game Industry Fellowship Program to support workforce development in the video game industry through partnerships with educational institutions and game studios
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Establishes a Game Studio Grant Program to provide direct financial assistance to qualifying game development companies operating in Iowa
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Caps total tax credits under the Interactive Digital Entertainment Program at $20 million per fiscal year, with unused funds rolling over to the following year
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.(Formerly HSB 728.)
Last Action
Subcommittee recommends passage.
3/4/2026