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IA SF2246
Bill
Status
2/10/2026
Primary Sponsor
Catelin Drey
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AI Summary
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Appropriates $750,000 from the state general fund to the Iowa Finance Authority for fiscal year 2025-2026 to support the military home ownership assistance program
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Supplements an existing $2.2 million appropriation for the program, bringing total funding to approximately $2.95 million for the fiscal year
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Program provides financial assistance to current and former members of the United States armed forces for purchasing homes under Iowa Code section 16.54
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Unspent funds at the end of the fiscal year do not revert to the general fund but remain available for the program through the following fiscal year
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Takes effect immediately upon enactment due to being deemed of immediate importance
Legislative Description
A bill for an act relating to the military home ownership assistance program, making appropriations, and including effective date provisions.
Last Action
Subcommittee: Zumbach, Blake, and Kraayenbrink. S.J. 256.
2/11/2026