Iowa 91th General Assembly Status: Introduced

SF2085 — 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.

Last action — Introduced, placed on Ways and Means calendar. S.J. 560.

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 21, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Stalled 26% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • Introduced

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

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 Text

We don't have the full text on file for this bill yet.

Read SF2085 on the official Iowa source →

Action History

  1. Subcommittee recommends passage.

  2. Subcommittee Meeting: 04/27/2026 3:00PM House Lounge.

  3. Subcommittee reassigned: Johnson, C., Lundgren and Wessel-Kroeschell. H.J. 997.

  4. Tabled until future meeting.

  5. Subcommittee Meeting: 04/15/2026 12:00PM House Lounge.

  6. Subcommittee: Siegrist, Hora and Wessel-Kroeschell. H.J. 864.

  7. Fiscal note.

  8. Read first time, referred to Ways and Means. H.J. 808.

  9. Message from Senate. H.J. 788.

  10. Immediate message. S.J. 694.

  11. Passed Senate, yeas 45, nays 1. S.J. 694.

  12. Amendment S-5142 filed, adopted. S.J. 694.

  13. Amendment S-5146 filed, withdrawn. S.J. 694.

  14. Fiscal note.

  15. Committee report approving bill, renumbered as SF 2470. S.J. 563.

  16. Committee report, approving bill. S.J. 563.

  17. Introduced, placed on Ways and Means calendar. S.J. 560.

  18. Subcommittee recommends amendment and passage.

  19. Subcommittee Meeting: 03/11/2026 1:00PM Senate Lounge.

  20. Subcommittee: Dawson, Quirmbach, and Taylor. S.J. 133.

  21. Introduced, referred to Ways and Means. S.J. 122.

Sponsors

  • COMMITTEE ON WAYS AND MEANS · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 149 not signed on

Sponsors (1)

  • COMMITTEE ON WAYS AND MEANS

Co-sponsors (0)

None.

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SF2085 do?
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.
Who sponsors SF2085?
SF2085 is sponsored by COMMITTEE ON WAYS AND MEANS.
What is the current status of SF2085?
This bill has been introduced in the Senate. Introduced January 21, 2026. It must pass committee before a floor vote.
Where can I track SF2085?
Track SF2085 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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