IA
Iowa House Bill HF1040

Iowa 2025-2026 Regular Session

Iowa House Bill HF1040

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, and eliminating the repeal of the housing renewal pilot program.(Formerly HSB 336.)

Impact

This bill is expected to have significant implications for state laws regarding economic assistance and development initiatives. It mandates that businesses receiving financial aid must fill new and retained positions primarily with U.S. citizens or individuals legally authorized to work in the United States. This aligns with a broader state policy directive to prioritize local employment and restricts the hiring of undocumented workers, which could have economic implications depending on the labor market dynamics in Iowa.

Summary

House File 1040 aims to make appropriations for various state economic development agencies, including the Iowa Economic Development Authority (IEDA) and the Iowa Finance Authority (IFA), for the fiscal year 2025-2026. The bill outlines funding distributions to support initiatives focusing on job creation, community development, and enhancing educational programs. Notably, it emphasizes maintaining a thriving entrepreneurial ecosystem within Iowa, targeting efforts towards workforce recruitment, especially focusing on jobs fueled by local citizen participation and legal residents.

Contention

While the bill proposes numerous allocations aimed at stimulating growth, potential points of contention may arise regarding the strict guidelines it enforces related to workforce eligibility. Some critics argue that such stipulations could limit business operations, particularly in sectors reliant on immigrant labor. Additionally, the ongoing housing renewal pilot program, encapsulated in this bill, highlights the dual focus on addressing economic and social welfare through infrastructure improvement, which may draw differing opinions from stakeholders about the level of state intervention necessary.

Latest HF1040 Activity

Companion Bills

IA SF645

Similar To 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 SSB1236

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 the state board of regents and certain regents institutions.(See SF 645.)

IA HSB336

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, and eliminating the repeal of the housing renewal pilot program.(See HF 1040.)

Similar Bills

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 SF2432

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions. (Formerly SSB 3198.) Effective date: 07/01/2024.

IA SSB3192

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

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 SSB1211

A bill for an act making appropriations to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions, and providing for properly related matters.(See SF 559.)

IA SF559

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions, and modifying the housing renewal pilot program and provisions related to regional industry sector partnerships, the apprenticeship training program, and new jobs training agreements. (Formerly SSB 1211.) Effective date: 07/01/2023.

IA HF2697

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions, and providing for properly related matters including membership in councils of governments.

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.)