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Lundgren amendment raises one-time TRF draw to $347 million, adds Medicaid supplement
Summary
Representative Lundgren secured adoption of an amendment that raises the one-time taxpayer relief fund draw to $347 million and adds an $89 million Medicaid supplement to offset federal tax changes.
Representative Lundgren offered an amendment updating REC March estimates and raising the one-time draw from the taxpayer relief fund (TRF) to $347,000,000 while adding an $89,000,000 Medicaid supplement to address shortfalls tied to federal tax changes on tips, overtime and other items. Lundgren described the change as responsible budgeting that offsets federal changes without overusing the TRF.
The amendment was adopted on the floor. Lundgren said the change "exactly offset[s] the federal tax changes" and framed it as protecting Medicaid services for vulnerable Iowans while preventing the TRF from being treated as an "unlimited credit card."
