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HF 85

A bill for an act providing for a regulatory relief program.

2025-2026 Regular Session Introduced by John Wills

HF 85 creates a Regulatory Relief Program in Iowa, allowing businesses to innovate without extensive regulations, boosting economic growth and entrepreneurship.

Subcommittee: Sexton, Baeth and Weldon.
#economicdevelopment #relief
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Bill Summary · HF 85

Summary of HF 85 - Regulatory Relief Program

Bill Number: HF 85
Title: A bill for an act providing for a regulatory relief program
Status: Currently in Subcommittee (Sexton, Baeth, and Weldon)
Introduced: January 17, 2025
Classification: Bill
Subject: Economic Development, Relief

Purpose and Intent

The primary purpose of HF 85 is to establish a Regulatory Relief Program aimed at facilitating business innovation by reducing regulatory barriers. The bill seeks to provide businesses with legal protections and limited access to the market, allowing them to demonstrate innovative offerings without the need for licenses or other authorizations that are typically required.

Key Provisions

  1. Regulatory Relief Office:

    • The bill mandates the creation of a regulatory relief office within the Iowa Economic Development Authority (IEDA).
    • This office will be responsible for administering the regulatory relief program and will issue an annual report on its activities.

  2. Advisory Committee:

    • A 13-member Regulatory Relief Advisory Committee will be established, consisting of:
      • 9 Voting Members:
      • 6 representatives from business interests
      • 3 representatives from state agencies that regulate businesses
      • 4 Nonvoting Legislative Members
    • The director of IEDA will appoint the committee members and designate its chair.

  3. Application Process:

    • The bill outlines a process for businesses to apply for participation in the regulatory relief program.
    • Applications must include specific information as defined by the regulatory relief office.
    • Applications will be forwarded to affected state agencies for review, which will provide written recommendations for acceptance or rejection.

  4. Decision-Making:

    • If any state agency recommends rejection, the application will be denied.
    • If no agency recommends rejection, the application will be forwarded to the advisory committee for further review and recommendation.

Impact

  • Who is Affected:

    • The bill primarily impacts businesses seeking to innovate without the burden of extensive regulatory requirements.
    • It also involves state agencies that regulate businesses, as they will play a role in the application review process.

  • Economic Development:

    • By streamlining the regulatory process, the bill aims to stimulate economic growth and encourage entrepreneurship in the state.

Procedural Aspects

  • Timeline:
    • The bill was introduced on January 17, 2025, and has been referred to the Economic Growth and Technology committee.
    • A subcommittee has been formed, with discussions scheduled for February 6, 2025.

HF 85 represents a significant effort to enhance the business environment in Iowa by reducing regulatory hurdles and fostering innovation. The establishment of a dedicated office and advisory committee underscores the commitment to supporting economic development through regulatory relief.

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

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