Iowa · 2025-2026

SF 2470

A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues or amounts traded, making adjustments to individual and corporate income taxes, providing for fees, and including contingent effective date, applicability, and retroactive applicability provisions.

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

Iowa SF 2470 proposes regulating event-driven contracts traded on dedicated contract markets by requiring a business permit and imposing a tax on adjusted revenues or amounts traded. The bill also includes adjustments to individual and corporate income taxes, provisions for fees, and specific effective date, applicability, and retroactive applicability clauses.

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

QuestionChamberResultYeaNayOtherDateSource
Shall the bill pass? upper pass 43 1 4 Mar 31, 2026 Open States bulk CSV (bills/votes) CC0-1.0