---
type: "Bill"
title: "A bill for an act relating to an entity-level taxation election for pass-through entities and allowing a partner or shareholder to claim a credit against the individual and corporate income taxes and the franchise tax, and including effective date and retroactive applicability provisions."
description: "A bill for an act relating to an entity-level taxation election for pass-through entities and allowing a partner or shareholder to claim a credit against the individual and corporate income taxes and the franchise tax, and including effective date and retroactive applicability provisions."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2023-2024"
identifier: "HF 352"
citation: "Iowa HF 352 (2023-2024)"
classification: ["bill"]
subjects: ["claims", "credit", "elections and politics", "franchise taxes", "income", "income taxes", "internal revenue code", "partnerships", "pass-through entities", "shares (securities)", "tax credits", "taxation"]
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 20
vote_count: 2
first_action: "2023-02-20"
last_action: "2023-05-16"
source: "openstates"
source_identifier: "ocd-bill/32e2fe7e-d27a-4be0-b1a4-a03f820ab6b2"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=HF 352&ga=90"
source_hash: "9f24cfba983151ec42b0f194fa5a843ef154c0d5eb9b8b5512f762009ea08b77"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ia"]
---

# Iowa HF 352 (2023-2024) — A bill for an act relating to an entity-level taxation election for pass-through entities and allowing a partner or shareholder to claim a credit against the individual and corporate income taxes and the franchise tax, and including effective date and retroactive applicability provisions.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://www.legis.iowa.gov/docs/publications/LGI/90/attachments/HF352.html)
2. **Amendment H-1199** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/90/H1199.pdf)
3. **Reprinted** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGR/90/attachments/HF352.html)
4. **Signed Enrolled Bill (PDF)** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGE/90/Attachments/HF352_GovLetter.pdf)
5. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/90/attachments/HF352.html)

## Votes

- Shall the bill pass? — **99–0** (pass) · lower
- Shall the bill pass? — **46–3** (pass) · upper

## Sponsors

- COMMITTEE ON WAYS AND MEANS — primary (organization)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-02-20** Introduced, placed on Ways and Means calendar. `introduction`
- **2023-03-15** Fiscal note.
- **2023-04-11** Amendment H-1199 filed. `amendment-introduction`
- **2023-04-13** Amendment H-1199 adopted. `amendment-passage`
- **2023-04-13** Passed House, yeas 99, nays 0. `passage`
- **2023-04-13** Immediate message.
- **2023-04-17** Message from House.
- **2023-04-17** Fiscal note.
- **2023-04-17** Read first time, passed on file. `reading-1`
- **2023-04-18** Referred to Ways and Means. `referral-committee`
- **2023-04-20** Subcommittee: Schultz, Quirmbach, and Zaun.
- **2023-04-20** Subcommittee Meeting: 04/24/2023 11:30AM Senate Lounge.
- **2023-04-24** Subcommittee recommends passage. []. `committee-passage-favorable`
- **2023-04-25** Committee report, recommending passage. `committee-passage`
- **2023-04-26** Passed Senate, yeas 46, nays 3. `passage`
- **2023-04-26** Immediate message.
- **2023-04-27** Message from Senate.
- **2023-05-09** Reported correctly enrolled, signed by Speaker and President, and sent to Governor.
- **2023-05-11** Signed by Governor. `executive-signature`
- **2023-05-16** Fiscal note.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/32e2fe7e-d27a-4be0-b1a4-a03f820ab6b2`. Confidence: reported (aggregated from official Iowa legislature records).