Bills › 91st General Assembly
Modifying the major economic growth attraction program to include incentivizing the building of a professional sports stadium by a national football league franchise in the state
Sponsored by the Senate Local Government Committee, Sen. Mike Bousselot (R), Sen. Dan Dawson (R), Sen. Dawn Driscoll (R), Sen. Kerry Gruenhagen (R), Sen. Carrie Koelker (R), Sen. Scott Webster (R), Sen. Cherielynn Westrich (R)
Topics:Taxes
Same legislation: SF 2252
Progress
- IntroducedFebruary 18, 2026
- Subcommittee—
- CommitteeFebruary 18, 2026
- Passed Senate—
- Passed House—
- Signed—
Died at end of session The General Assembly adjourned on May 3, 2026. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill modifies the major economic growth attraction (MEGA) program to include incentivizing the building of a professional sports stadium by a national football league franchise in the state. Currently, the MEGA program provides economic development incentives designed to attract capital investments from businesses who invest at least $1 billion in the state and who are primarily engaged in advanced manufacturing, biosciences, or research and development. The bill expands the MEGA program to provide economic development incentives to a national football league franchise building a professional sports stadium in the state.
Read the full explanation
The business incentives include sales and use tax refunds, qualifying investment tax credits, withholding tax credits, and other state tax incentives if authorized by the economic development authority. The bill defines “sports stadium” to mean a facility, stadium, arena, or other structure where national football league games are held. Currently, tax incentives under the MEGA program may not be awarded for more than two eligible businesses or after January 1, 2027, whichever comes first.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
History
Meetings
- Tuesday, February 17 · 1:00 PMLocal Government committee · RM 116Official meeting page
- Thursday, February 12 · 3:00 PMLocal Government subcommittee · Room 315Official meeting page
Votes
No recorded votes yet.
Lobbyist declarations
- City of BettendorfFor
- Kurtis BowerFor
- Ames Regional Economic AllianceUndecided
- Cedar Rapids Metro Economic AllianceUndecided
- Dubuque Area Chamber of CommerceUndecided
- Iowa Chamber AllianceUndecided
- Iowa Economic Development AuthorityUndecided
- Iowa Travel Industry PartnersUndecided
- Metropolitan CoalitionUndecided
- Professional Developers of Iowa (PDI)Undecided
Grouped by organization. Lobbying overview →