A group of financial organizations including the American Bankers Association, Electronic Payments Coalition, Consumer Bankers Association, and others, sent a joint letter to U.S. Sen. Charles Ernest "Chuck" Grassley and other members of the Senate Committee on the Judiciary in opposition of the proposed Credit Card Competition Act.
Iowa collected $292 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
The second quarter of 2024 brought in $967 million in individual income tax revenue for Iowa, a 2.2% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.