Vol. 2026 · Bill Detail · Special Edition
CivicRadar.Wednesday, September 2, 2026
Free · Stays on your device
A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions. (Formerly SF 2292, SSB 3105.) Effective date: 07/01/2026. Applicability date: 01/01/2026.
Became law
This already passed. Here's what you can still do.
1. Push for repeal or amendment
Legislative staff still count constituent contacts on enacted laws. A steady mail stream is what gets a bill onto the next session's repeal docket. Pick “Oppose” below and the message will frame the ask around repeal, amendment, or enforcement relief.
→ Write to your rep3. Tell people the bill affects
Most people don't hear about a state-level bill until enforcement starts. A short note now (not a thread, just a link) gives the people most affected time to plan.
This bill allows Iowa businesses to deduct net controlled foreign corporation tested income (NCTI) from their state corporate income taxes. This change updates state tax law to match recent federal changes that replaced a similar deduction for global intangible low-taxed income (GILTI) with NCTI. The change applies to tax years starting on or after January 1, 2026.
No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text
- · PrimeWays & Means
Want updates?
Get notified when IA SF2492 moves stage
Pick a channel below. Every option is opt-in, and we tell you exactly what we store.
We store your email address and the bill ID. We'll send a confirmation link first; alerts only start after you click it. Every email has a one-click unsubscribe.
Coming soon
- RSS feed· Atom 1.0 + JSON Feed per bill
- Bluesky· follow a CivicRadar bot post per status change
- Telegram· channel or DM via bot
- Discord· channel webhook
- WhatsApp· via WhatsApp Business
- SMS· via Twilio