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Iowa House panels advance prediction market, nicotine tax proposals

April 28, 2026
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Iowa House lawmakers discussed several potential tax changes Monday, including a measure adding regulations on event-prediction market platforms like Kalshi. A House subcommittee considered Senate File 2470, which would require companies conducting event-driven market trading to obtain a state permit to operate in Iowa. The legislation aims to tackle the rising industry of “prediction markets” []

Iowa Capital Dispatch
Iowa Capital Dispatch

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