A bill for an act providing for the future repeal of tax credits.

HF 2342 sets specific future dates for repealing various Iowa tax credit programs. The bill specifies that existing tax credits (like those for renewable chemicals, sustainable aviation fuel, and job creation) will end between 2028 and 2041, with most repeals occurring by 2032. It directly affects taxpayers and businesses currently claiming or planning to claim these credits, as they will no longer be available after the designated dates. The bill includes a key exception preserving credits issued or earned before January 1, 2032, ensuring existing agreements and carryforwards remain valid.