A bill for an act repealing the school tuition organization tax credit available against the individual and corporate income taxes and including effective date provisions.

HF 811 repeals Iowa's school tuition organization (STO) tax credit, which allowed taxpayers to reduce their individual or corporate income tax by 75% of donations to STOs. The bill ends this credit for contributions made on or after July 1, 2025, and reduces the 2025 credit cap from $20 million to $10 million. It fully repeals the tax credit provision on July 1, 2031, removing all future eligibility and references to the credit in tax law. This directly affects individuals, corporations, and STOs that previously used or issued these tax credits.