Bill
HF 687
HF 687 mandates state-funded projects to prioritize American-made products, boosting local economies and supporting job creation while adjusting procurement practices.
Bill Number: HF 687
Introduced On: February 28, 2025
Current Status: Introduced, referred to State Government
Classification: Bill
Subject: Tax Credits
HF 687 aims to ensure that projects funded with state moneys or tax credits prioritize the purchase of products and materials manufactured in the United States. This legislation seeks to bolster domestic manufacturing and support American businesses by mandating that contracts for state-funded projects include specific purchasing provisions.
Mandatory Purchasing Requirement:
Contracts for projects funded by state moneys or tax credits must include a clause that requires the purchase of only American-made products and materials, provided that such purchases are feasible.
Preference for Iowa Products:
The bill reinforces existing preferences under current law, which stipulates that entities receiving state appropriations must prioritize:
Life Cycle Cost Consideration:
The bill aligns with current practices where the Department of Administrative Services gives preference to American-made products if their life cycle costs are comparable to those of foreign products.
Affected Entities:
This bill will primarily affect state agencies, contractors, and businesses involved in projects that receive state funding or tax credits. It will require them to adjust their procurement practices to comply with the new purchasing mandates.
Economic Implications:
By mandating the use of American-made products, the bill aims to stimulate local economies and support job creation within the manufacturing sector. It may also lead to increased costs for some projects if American-made products are more expensive than their foreign counterparts.
HF 687 represents a legislative effort to promote American manufacturing through state-funded projects. By requiring the use of domestically produced materials, the bill seeks to enhance economic growth and support local businesses, while also aligning with existing preferences for Iowa products. As the bill progresses through the legislative process, its implications for state procurement practices and the broader economy will continue to be evaluated.
Compiled from official sources — confirm details with the bill’s official record.
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