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HF 759

A bill for an act providing fees for the filing of a biennial report by business entities with the secretary of state.

2025-2026 Regular Session

Iowa bill imposing filing fees on business entities' biennial Secretary of State reports to generate state revenue through mandatory compliance costs.

Withdrawn.
#businessentities #secretaryofstate
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Bill Summary · HF 759

Legislative bill overview

HF 759 would establish filing fees for biennial reports that business entities must submit to the Iowa Secretary of State. The bill aims to generate revenue by charging businesses for the administrative processing of these required periodic compliance filings.

Why is this important

Biennial report filing is a mandatory compliance requirement for most business entities operating in Iowa, making this fee applicable to thousands of companies. The revenue generated would support the Secretary of State's office operations, but the fees represent an additional cost burden on businesses already operating in the state.

Potential points of contention

  • Small business impact: Micro-enterprises and startups may view additional filing fees as burdensome compliance costs that disproportionately affect smaller operations
  • Revenue allocation transparency: Questions about how the collected fees will be used and whether they represent cost recovery or general revenue generation
  • Competitive disadvantage: Businesses may relocate to other states with lower compliance costs, potentially affecting Iowa's business climate perception

Compiled from official sources — confirm details with the bill’s official record.

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