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IA SF645
Bill
Status
6/11/2025
Primary Sponsor
Appropriations
Click for details
AI Summary
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Appropriates $12,921,510 to the Iowa Economic Development Authority for FY 2025-2026 (112.50 FTEs) for business development, tourism, community programs, and marketing efforts focused on recruiting new businesses and entrepreneurial development
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Allocates funding to the Department of Workforce Development totaling approximately $15.7 million for field operations (167.45 FTEs), vocational rehabilitation services (251 FTEs), offender reentry programs, adult education, and registered apprenticeship development
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Appropriates $29.8 million from the Iowa Skilled Worker and Job Creation Fund for high quality jobs programs ($11.7 million), Board of Regents technology commercialization ($3 million), adult education and literacy programs ($5.5 million), and support for ISU, University of Iowa, and UNI research and economic development initiatives
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Provides $1,423,000 to Iowa Finance Authority for the home and community-based services rent subsidy program ($873,000) and housing renewal pilot program ($550,000), while extending the housing renewal pilot program repeal date from July 1, 2025 to July 1, 2028
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Requires businesses receiving state financial assistance to employ only individuals legally authorized to work in the United States, with recapture provisions for violations, and mandates the Economic Development Authority submit annual reports on all financial assistance awards by county
Legislative Description
A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and the state board of regents and certain regents institutions, and extending the repeal date for the housing renewal pilot program. (Formerly SSB 1236.) Effective date: 07/01/2025.
Last Action
Signed by Governor. S.J. 1053.
6/11/2025