A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program.

Summary

The bill provides $12.9 million for the 2026‑27 fiscal year to the Iowa Economic Development Authority (EDA) and outlines how the money may be used. It establishes performance goals, employment‑eligibility rules, and prohibits funding for geothermal snow‑melt projects, while also allocating separate sums for a tourism office, the Iowa Arts Council, and the World Food Prize. The measure is intended to boost statewide economic growth, attract and retain businesses, and support cultural and tourism initiatives.

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