Iowa · 2025-2026

SF 2492

A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions.

Bill record: Open States bulk CSV (bills/votes) ocd-bill/41188fba-ba3e-4f52-8e1a-cd01caa95632 CC0-1.0

Summary AI-generated

Iowa Senate File 2492 proposes creating a state corporate income tax deduction for net controlled foreign corporation tested income. The bill also includes provisions for retroactive applicability.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Roll-call votes on this bill

Motion / questionChamberStageRollOutcomeYeaNayOtherDateSource
Shall the bill pass? upper a3972a6f-e464-4466-8c6e-99b7c7f77947 pass 44 0 4 Apr 27, 2026 Open States bulk CSV (bills/votes) ocd-vote/a3972a6f-e464-4466-8c6e-99b7c7f77947 CC0-1.0