Legislative News
Governor Announces Tax Deal, Amendment Just Released
Last Friday, April 27, the Governor announced a deal had been made with the Iowa House and Senate Leadership for historic tax relief for Iowans. Some initial details of the plan were made public, and ABI sent a note out to the Tax Committee on Friday evening letting the membership know about the agreement.  Click here to read the Governor's press release.

The amendment to SF 2417/HF 2489 was   just   filed online at 3:58 p.m. We are currently reviewing the amendment. If you have any feedback, please reach out to the ABI policy team. The amendment is 150 pages long and you can read it   here . Use the dropdown on the left side of the website where it says "Amendment" to load the amendment. You can also read a PDF version of it here.

Week of Late-night Debates in Effort to Adjourn
A timeline of the legislative week so far has included several late evenings. Lots of progress has been made in the second week of legislative overtime. Now that they are in the month of May, the pressure increases to find the way to adjournment. Some legislators have to arrange other housing while still in session, the per diem has ended and the weather is nice for farmers to plant.  As of publication of this newsletter, there is indication that the Legislature could adjourn this weekend.  Highlights of the week so far are as follows:
  • Monday: An all-nighter on SF 2311--the energy policy bill--concluded legislative action last week. This week started with the Iowa Senate adopting the House version of the energy legislation. However, the debate was not a simple voice vote to concur with the House version, but rather included several amendments filed in the Senate in an attempt to amend the amendment. Ultimately, the amended bill passed the Senate by a vote of 28-22 and has been messaged to the Governor. She has three days to take action on the legislation. The Iowa House passed the Justice and Judicial Appropriations budget.
  • Tuesday: The Iowa House spent most of the day and evening debating the fetal heartbeat legislation. Meanwhile, the Iowa Senate spent the day and night debating several budget bills: Agriculture and Natural Resources, Transportation and Judicial.
  • Wednesday: The House Ways and Means Committee met to take up a few remaining policy bills that haven't advanced through the legislative process, which is always a concern when the Legislature goes into overtime. Bills once thought "dead" suddenly get revived as end-of-session deals or continual lobbying by those advocating for their issues. The Senate Ways and Means Committee took up the Governor's version of the tax reform bill and passed it out of committee. The new bill, SF 2417, is expected to be amended on the Senate floor Saturday. The House and Senate worked into the evening and passed the following budget bills: Justice (Senate), Rebuild Iowa Infrastructure Fund (House and Senate), Administration and Regulation (House and Senate), Economic Development (Senate) and Education (House and Senate).
  • Thursday: No legislative debate, also called floor work, has been completed as of the publication of the newsletter. The House Appropriations Committee met to debate the Standings Appropriations bill and the Health and Human Services (HHS) Budget, which are the only two appropriations bills not to advance through one chamber yet this week. The Iowa Senate Appropriations Committee is currently meeting to debate Standings and HHS. In addition, an amendment to legislation that would eliminate the property tax backfill was released. The amendment will phase out the backfill over seven years beginning in fiscal year 2020. The Senate is expected to take up the bill (SF 2081) and amend it in committee.
  • Rest of week: The ABI policy team has been at the Capitol day and night following the progress of the budget bills and waiting for release of the amendment to the tax reform bill. The Iowa House is expected to debate the Education Budget on Thursday afternoon. The Iowa Senate is expected to reconvene for debate on Friday and finalize the remaining budget and policy bills, including water quality. The goal of legislative leaders is to adjourn this weekend. Stay tuned for a session-wrap up newsletter once the Legislature has officially adjourned the 87th General Assembly.
Don't Forget: Conference PAC Recognition
Thank you to everyone who has already given in 2018! We are halfway to the amount we raised in 2017, but we need to do more. With many legislative retirements and competitive statewide races, ABI leaders need to be able to support candidates who support pro-business issues. For all ABI members who contribute to the PAC prior to May 24, you will be recognized at the ABI Taking Care of Business Conference on June 5-7! Click here to donate $116 dollars today in recognition of the 116 days of the legislative session so far this year. Your contribution will allow you to be recognized as a Centennial Investor!

Federal Spotlight: Tariff Exemptions Extended for Allies, EPA Official Confirmed
The Trump administration announced Monday they would delay implementation of steel and aluminum tariffs on many of our allies, including Mexico, Canada and the European Union. The move would extend the reprieve for 30 days as both sides continue negotiations over trade policies. President Trump announced in March he would implement steel tariffs of 25% and aluminum tariffs of 10% on imports from certain nations as a means to protect American industry and jobs. The exemptions for Mexico and Canada come as the nations are in the middle of talks about renegotiating NAFTA. The goal is to wrap up those talks by the end of May. Keep reading.
From the Desk of...
Iowa's Can't-miss Business Conference is One Month Away

Mike Ralston
President, ABI

As you read this column, the 2018 Taking Care of Business Conference, ABI's 115 th annual convention, is a month away. Ladies and gentlemen, it will be a terrific event, and believe me when I say you don't want to miss it.

The Iowa City/Coralville area is a fabulous region, eager to host ABI members from across the state. Officials there have been working with our organization for well over a year to ensure you experience a truly world-class meeting. Exciting venues (such as historic Kinnick Stadium), fantastic nationally known speakers, golf at one of the Midwest's finest courses and absolutely the very best business networking in Iowa are yours for the taking when you join us there on June 5-7. If you haven't yet done so (and literally hundreds of you already have), go now to  ABITakingCareOfBusiness.com and register for this event!

You will not believe the growth and change in Coralville's Iowa River Landing District since ABI was last there a decade ago. Shopping, restaurants, bars, attractions--all that and more--can be found at  Iowa River Landing. Keep reading.
Top News
LyondellBasell's Clinton Complex Celebrates 50 Years of Operation
Sen. Chuck Grassley,  Gov. Kim Reynolds, Lt. Gov. Adam Gregg and ABI members--among others--were on hand Tuesday as employees at LyondellBasell's Clinton complex celebrated 50 years of operation. The 239-acre complex is one of the largest chemical plants in the Midwest. Over 400+ employees and contractors are on site. The plant has a $186.8 million economic impact, and the company and its staff are known for their strong civic support--investing time, energy and resources into the community.  Download a fact sheet about the Clinton complex .

Seminar for Top Decision-makers is May 11 in Algona
Iowa Farm Bureau's Renew Rural Iowa will present "The Journey to Your Vision" seminar on May 11, 8:15 a.m.-1 p.m., in Algona. Every business faces peaks and valleys as it progresses through stages of growth. Do you know what stage your business is in and how you can reach the next level? Attend this valuable seminar to stack the odds in your favor by understanding the stages of business growth, their unique challenges and methods to overcome them. The seminar is complimentary, but pre-registration is required. Learn more and register online.

Healthiest State Annual Conference is May 17 in Ames
Help make Iowa the healthiest state in the nation. Professionals are invited to attend the Healthiest State Annual Conference on May 17 at the Scheman Building at the Iowa State Center in Ames. The keynote speaker is Laura Putnam, author of the #1 Amazon hot new release in HR and personnel management, "Workplace Wellness That Works." Breakout sessions include Beyond Ping Pong: Workplace Culture, Worksites Influencing the Community and Breaking the Stigma of Mental Health in the Workplace. Learn more and register.
Welcome New ABI Members
ADC Services
Associated Computer Systems, Ltd.
Business & Community Services
CFO Advantage
Community Bankers of Iowa
Constellation Energy
Creative Edge Master Shop Inc.
ecofluence, Inc.
Estes Construction
Heidman Law Firm, L.L.P.
Hy-Capacity, Inc.
Informatics, Inc.
Iowa 80 Group
Iowa Manufactured Housing Association
Iowa Mold Tooling
Iowa Sustainable Business Forum
KR Business Brokers, Inc.
Life Line Emergency Vehicles
Lincoln Savings Bank
Miller, Fidler & Hinke Insurance Agency
NateClayberg --  Career Adventure Motivation
Neumann Monson Architects
NSK Corp. & NSK-AKS Precision Ball
O'Mara Ag Services, Inc.
Pure Storage
Rita Perea Leadership Consulting
TD&T CPAs and Advisors, P.C.
Telligen Health and Well Being
Ten Square International, Inc.
The Bill Menner Group
The Powers of Communication
Governor's Club Sponsors