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Iowa · 2025-2026

SF 2085

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, making adjustments to individual and corporate income taxes, providing for fees, and including retroactive applicability provisions.

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

Summary AI-generated

Iowa SF 2085 proposes legislation relating to event-driven contracts traded on dedicated contract markets. The bill requires a permit to conduct such business in the state and imposes a tax on adjusted revenues. Additionally, it makes adjustments to individual and corporate income taxes, provides for fees, and includes retroactive applicability provisions.

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

Economy & Taxes 95% Banking & Finance 85% Government Operations & Budget 75%

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

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