Iowa House amends bill requiring university endowment investment in innovation funds

By: Brooklyn Draisey

Outlets: Iowa Capital Dispatch

Published: March 31, 2026

Words: 634

Last Updated: 4 months ago

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Iowa House lawmakers sent amended legislation to require investment of university endowments in state innovation funds back to the Senate Tuesday, with Democrats calling the measure a tax on Iowans looking to support higher education.

Senate File 2453 would require state universities to invest 1% of their endowment fund assets in one of the state’s innovation funds. The bill was amended in the House to include language clarifying that only unrestricted assets will be …

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