PAST BILL
SF 2417: 25% Tax on Consumable Hemp (Did not pass)
PASSED July 02, 2024
SF 2417 would have imposed an excessive 25% tax on consumable hemp products sold by bars and restaurants. This new tax would have significantly increased costs for hemp businesses that would have likely been passed on to consumers.
We are happy to share that this legislation did not see final passage and is not the law in Iowa.