House File 2739 H-8233 Amend House File 2739 as follows: 1 1. By striking everything after the enacting clause and 2 inserting: 3 < Section 1. TAXPAYER RELIEF FUND TRANSFER —— FEDERAL TAX LAW 4 CHANGES. 5 1. On the effective date of this Act, there is transferred 6 from the taxpayer relief fund created in section 8.57E to the 7 general fund of the state, the following amount: 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $296,200,000 9 2. The transfer under this section is made in accordance 10 with section 8.57E, subsection 2, paragraph “a”, for state tax 11 relief based on the reduction in state revenue for the fiscal 12 year beginning July 1, 2025, associated with 2025 federal tax 13 law changes pursuant to section 422.3, subsection 5, paragraph 14 “b”, including but not limited to the allowance of income tax 15 deductions for qualified tips, overtime compensation, and 16 qualified passenger vehicle loan interest under the federal 17 Internal Revenue Code, as amended by Pub. L. No. 119-21, 18 commonly referred to as the One Big Beautiful Bill Act. 19 3. Notwithstanding section 8.54, the state general fund 20 expenditure limitation amount calculated for the fiscal year 21 beginning July 1, 2026, shall be readjusted to include one 22 hundred percent of the moneys transferred under this section. 23 Sec. 2. DEPARTMENT OF HEALTH AND HUMAN SERVICES —— 24 SUPPLEMENTAL APPROPRIATION. There is appropriated from the 25 general fund of the state to the department of health and human 26 services for the fiscal year beginning July 1, 2025, and ending 27 June 30, 2026, the following amount, or so much thereof as is 28 necessary, to be used for the purposes designated: 29 To supplement the appropriation made for medical assistance 30 program reimbursement and associated costs in 2025 Iowa Acts, 31 chapter 169, section 9, unnumbered paragraph 2: 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,300,000 33 Notwithstanding section 8.33, moneys appropriated in this 34 section that remain unencumbered or unobligated at the close of 35 -1- HF 2739.3535 (1) 91 jm/jh 1/ 2 #1.
the fiscal year shall not revert but shall remain available for 1 expenditure for the purposes designated until the close of the 2 succeeding fiscal year. 3 Sec. 3. EFFECTIVE DATE. This Act, being deemed of immediate 4 importance, takes effect upon enactment. 5 Sec. 4. APPLICABILITY. The following applies to the state 6 general fund expenditure limitation amount calculated for 7 the fiscal year beginning July 1, 2026, and each fiscal year 8 thereafter: 9 The section of this Act amending section 8.54. > 10 2. Title page, lines 1 and 2, by striking < modifying the 11 taxes imposed on health maintenance organizations, > 12 3. Title page, lines 5 and 6, by striking < date, contingent 13 effective date, applicability, and retroactive applicability > 14 and inserting < date and applicability > 15 ______________________________ SRINIVAS of Polk -2- HF 2739.3535 (1) 91 jm/jh 2/ 2 #2. #3.