Iowa 2023-2024 Regular Session

Iowa House Bill HF723

Introduced
4/27/23  
Introduced
4/27/23  

Caption

A bill for an act relating to clean energy feasibility, energy tax credits, making an appropriation, and including effective date provisions.

Impact

The legislation is set to have a considerable impact on state laws by fostering a more robust clean energy sector. Through the establishment of a clean energy bank, the bill seeks to combine both public and private investments to improve the financing of energy improvements. It also outlines strategies for modernization of the electric grid, energy storage solutions, and initiatives specifically targeting agricultural projects led by young farmers, thus promoting sustainable practices in various industrial sectors.

Summary

House File 723 is aimed at enhancing Iowa's clean energy capacity by establishing frameworks for workforce development and introducing energy tax credit programs. The bill appropriates funds to the Iowa Economic Development Authority to assess clean energy feasibility and to enhance job training resources. This assessment aims to facilitate the development and success of clean energy programs across Iowa while ensuring that the workforce is equipped with necessary skills and resources to contribute to this emerging sector.

Contention

A notable feature of the bill is its linkage to federal funding opportunities provided by the Inflation Reduction Act of 2022. This connection opens avenues for Iowa to access substantial financial resources for implementing energy incentive programs. Discussions may arise concerning the bill’s implications on local control versus state oversight of clean energy initiatives, particularly how it addresses disparities in resource availability across different communities. Moreover, there may be debates regarding the effectiveness of tax credits and the role of government in shaping energy markets.

Companion Bills

No companion bills found.

Previously Filed As

IA HSB330

A bill for an act relating to sports wagering receipts, making appropriations, and including effective date provisions.(See HF 1041.)

IA HF1041

A bill for an act relating to sports wagering receipts, making appropriations, and including effective date provisions.(Formerly HSB 330.)

IA SSB3187

A bill for an act relating to and making appropriations from the rebuild Iowa infrastructure fund and technology reinvestment fund, and including effective date provisions.(See SF 2484.)

IA SF647

A bill for an act relating to and making appropriations to the education system, including the funding and operation of the department for the blind, department of education, and state board of regents, and including contingent effective date provisions. (Formerly SSB 1231.) Effective date: 07/01/2025.

IA SF625

A bill for an act relating to gambling regulation, including enforcement, license fees, tax rates, and the use of associated revenue, making appropriations, and including effective date provisions. (Formerly SF 613, SSB 1157.)

IA HF2690

A bill for an act relating to water and energy use for data centers, including reporting and tariff requirements, and including effective date provisions.(Formerly HF 2447.)

IA HF2733

A bill for an act relating to water quality, including a water quality monitoring network and the water quality initiative, an agricultural best management practices tax credit, an Iowa clean water farm program and property tax credit, and water quality practices loans, making appropriations, and including applicability provisions.

IA HSB337

A bill for an act relating to and making appropriations to the education system, including the funding and operation of the department for the blind, department of education, and state board of regents, and including contingent effective date provisions.(See HF 1045.)

IA SF2344

A bill for an act relating to Parkinson's disease prevention, research, and care, making appropriations, and including effective date provisions.

IA HF2447

A bill for an act relating to water and energy use for data centers, including reporting and tariff requirements, and including effective date provisions.(See HF 2690.)

Similar Bills

No similar bills found.