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Iowa Senate Bill SF2485
Iowa 2025-2026 Regular Session
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Iowa 2025-2026 Regular Session

Iowa Senate Bill SF2485

Caption

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 state board of regents and certain regents institutions.(Formerly SSB 3188.)

Impact

This bill is designed to stimulate the Iowa economy by prioritizing the expansion of the workforce and supporting new and existing businesses. By allocating $12,903,510 to the Economic Development Authority, the bill emphasizes job creation, business development, and community assistance. Additionally, it calls for partnerships with educational institutions, such as Iowa State University, to develop innovative solutions that address industry needs while also enhancing the educational landscape in Iowa. The continuation of funding for initiatives like the registered apprenticeship programs will also serve to provide more tailored pathways into the workforce for Iowans.

Summary

Senate File 2485 addresses economic development in Iowa through a series of appropriations and program enhancements for the fiscal year 2026-2027. The bill allocates funds to various state agencies, including the Economic Development Authority and Department of Workforce Development, aimed at fostering growth in Iowa's economy. Notably, the legislation seeks to enhance workforce development initiatives and educational programs that target skills training and entrepreneurship. Appropriations include funds for small business development centers and adult education programs, reflecting a commitment to improving livelihood opportunities for Iowans.

Contention

While the bill promotes extensive support for workforce and economic development, there may be concerns regarding its structural allocation of funds and the implementation of the respective programs. Potential contention could arise over whether the allocated funds will adequately meet regional needs, especially in underserved areas. There is also the lingering concern about possible bureaucratic inefficiencies in the application process for grants, which could hinder small businesses' access to much-needed resources. Thus, while the bill holds promise for economic growth, scrutiny over its practical application will be crucial.

Companion Bills

IA SSB3188

Related 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 state board of regents and certain regents institutions.(See SF 2485.)

Previously Filed As

IA SSB1223

A bill for an act relating to and making appropriations for the economic development of the state, including the economic development authority, Iowa finance authority, department of workforce development, and certain state board of regents institutions.

IA SSB1236

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.(See SF 645.)

IA SSB3188

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 state board of regents and certain regents institutions.(See SF 2485.)

IA HF1040

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 state board of regents and certain regents institutions, and eliminating the repeal of the housing renewal pilot program.(Formerly HSB 336.)

IA HF2772

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 state board of regents and certain regents institutions, and codifying the housing renewal program. (Formerly HSB 773.) Effective date: 07/01/2026

IA HSB773

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 state board of regents and certain regents institutions, and codifying the housing renewal program.(See HF 2772.)

IA SF645

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.

IA HSB336

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 state board of regents and certain regents institutions, and eliminating the repeal of the housing renewal pilot program.(See HF 1040.)

IA HF2783

A bill for an act relating to and making appropriations to the education system, including the funding and operation of the department for the blind, department of education, state board of regents, department of workforce development, and Iowa special education council. (Formerly HSB 778.) Effective date: 07/01/2026

IA SF2482

A bill for an act relating to and making appropriations to the education system, including the funding and operation of the department for the blind, department of education, and state board of regents.(Formerly SSB 3191.)

Similar Bills

No similar bills found.