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House Republicans Gave Iowa Employers a #BetterDeal in 2017

Iowa’s unemployment rate is at its lowest point in several years and continues to remain lower than most states.

But there’s more that we can do to ensure that Iowa businesses are equipped to succeed and Iowa’s economy continues to grow.  Barriers to innovation need to be broken down and more certainty and opportunity are what Iowa employers need to create jobs and expand.

House Republicans worked this session to foster that pro-growth environment through a number of measures including Workers’ Compensation reform, regulatory reform, investments in job training, and ensuring employers have the infrastructure needed to expand.

These reforms and initiatives will make it easier to do business in Iowa, encourage growth, and lead to more jobs and higher wages for Iowans.

It’s clear that after the 2017 session, Iowa employers are getting a #BetterDeal.


A predictable Workers’ Compensation system

Over the last decade, Iowa’s Workers’ Compensation system was knocked out of balance by several administrative interpretations and court decisions that made our system unpredictable for both Iowa employers and workers who were injured on the job.  Changes made this session provide more clarity to the system, ensuring more stability and predictability for all parties.

Reforms made by House Republicans this session will allow injured workers to collect benefits that are owed to them without the need to hire a costly attorney.  This will leave more money in the pockets of injured employees until they can return to work.  House Republicans also allowed injured workers to qualify for vocational rehab and job retraining, for certain injuries, at the employer’s expense.

Continue reading how employers are getting a #BetterDeal

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2017 First Funnel Survivors

Attached is a list and short description of bills that survived the first funnel.  The list DOES NOT include bills which failed to achieve committee approval.

2017 First Funnel Survivors

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Bills Taking Effect July 1, 2015

Several bills passed during the 2015 General Assembly will take effect tomorrow (July 1).  Attached is a list with several notable bills.

2015 Notable Bills Effective July 1

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2015 End of Session Report

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The following is the House Republican Caucus Staff’s end of session report:

2015 End of Session Wrap Up

*Note:  All information is current as of June 10, 2015

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Caucus Staff Analysis – Thursday, June 4

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Below is a list of bills being debated today, with Caucus Staff’s analysis attached:

To see the full House Debate Calendar, click here.

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Caucus Staff Analysis – Tuesday, May 5

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Below is a list of bills being debated today, with Caucus Staff’s analysis attached:

To see the full House Debate Calendar, click here.

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The Relative Value of $100 in the USA

Every Monday the Tax Foundation releases a national map with relevant data dealing with taxes, among other things.  This week’s Monday Map shows the relative value of $100 in all 50 state and the District of Columbia.  Iowa scores very well in this analysis as the real value of every $100 is actually worth $111.73.  The Tax Foundation explains:

This week’s tax map shows the real value of $100 in each state. Because average prices for similar goods are much higher in California or New York than in Mississippi or South Dakota, the same amount of dollars will buy you comparatively less in the high-price states, or comparatively more in low-price states. Using data from the Bureau of Economic Analysis that we’ve written aboutpreviously, we adjust the value of $100 to reflect how prices are different in each state.

For example, Iowa is a low-price state, where $100 will buy what would cost $111.73 in another state that is closer to the national average. You can think of this as meaning that Iowans are about ten percent richer than their nominal incomes suggest.

Check out the map below to see how Iowa compares to the rest of the country.

100 Relative Value TF

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Policy Spotlight: House File 2452

Policy Spotlight

First-Time Homebuyers Savings Accounts

This session House Republicans passed House File 2452 that would have allowed first-time homebuyers to place money into a tax-free savings account that could be put towards the purchase of a home.  The bill would have allowed every Iowan whom had never owned a home to annually deduct contributions made to an interest-bearing savings account for ten years.  The deduction would have been capped at $3,000 per individual or $6,000 per married couple each year.  In addition, the interest and earnings accruing to the account would be tax exempt.

The legislation was designed to help first-time homebuyers save money for purchasing a home and provided them with roughly $10 million in tax relief over the next five years.  The bill would have been beneficial to realtors as well.  Additionally, home builders, banks and credit unions likely would have benefited from the legislation.  Even though the bill was aimed at helping only first-time buyers, its effects would have been felt more broadly.  The housing industry is an important sector of the Iowa economy and would have spurred debt-free investment in the housing market, creating greater housing demand, higher home values and more jobs in the home construction industry.

This bill passed out of the House, but unfortunately was never brought up by the Senate.

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Bills Taking Effect July 1, 2014

Several bills passed during the 2014 General Assembly will take effect tomorrow (July 1).  Attached is a list with several notable bills.

2014 Notable Bills Effective July 1

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CNBC Ranks Iowa as #12 Top State for Business

CNBC has recently ranked Iowa as #12 in their Top States for Business rankings.  Overall Georgia ranked 1st in the country, followed by Texas and Utah respectively.  The Midwest is heavily represented on the list with 6 states in the top 15.

CNBC writes:

We score all 50 states on 56 measures of competitiveness, developed using input from business groups, economic development experts, companies and the states themselves. States receive points based on their rankings in each metric. We then separate those metrics into 10 broad categories, weighting the categories based on how frequently they are cited in state economic development marketing materials. That way, our study ranks the states based on the criteria they use to sell themselves.

Click here to see Iowa’s ranks…

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