A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions.

{"id": "ocd-bill/41188fba-ba3e-4f52-8e1a-cd01caa95632", "session": "2025-2026", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:ia/government", "name": "Iowa", "classification": "state"}, "from_organization": {"id": "ocd-organization/a9ad8273-4a86-4544-9bed-09ccb48ebabc", "name": "Senate", "classification": "upper"}, "identifier": "SF 2492", "title": "A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions.", "classification": ["bill"], "subject": ["corporate taxes", "foreign businesses", "income", "income taxes", "internal revenue code"], "extras": {}, "created_at": "2026-04-16T05:58:26.160829+00:00", "updated_at": "2026-05-19T08:37:29.877970+00:00", "openstates_url": "https://openstates.org/ia/bills/2025-2026/SF2492/", "first_action_date": "2026-04-15", "latest_action_date": "2026-05-15", "latest_action_description": "Signed by Governor.", "latest_passage_date": "2026-05-02"}