Legislative Priorities
2021 Legislative Priorities
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Since 1994, the Iowa Biotechnology Association (IowaBio) has provided benefits and services to promote the interests and growth of the life sciences industries in Iowa. We are a non-profit, membership-based organization with a diversified membership including industry companies from all segments of biotechnology, universities & colleges, state & federal associations, as well as numerous service and support companies. Our Association seeks to promote the success and growth of biotech-based business in Iowa, ultimately securing our strong biotech economy while growing our business and increasing our influence nationally and around the globe. The following 2021 Legislative Priorities reflect these aims:
ECONOMIC DEVELOPMENT | ||
Tax Credits and Tax Policy | IowaBio’s diverse members, from startups to international industry leaders, positively impact the Iowa economy and provide high-paying jobs to Iowa workers. To continue to provide a business climate where companies in these fast-growing industries can thrive, our members overwhelmingly support tax policy that is competitive, growth-oriented, simple/straightforward, permanent, predictable, certain, fair, and responsible. IowaBio will take a lead role in coalition and advocacy efforts to protect bioscience tax credit and economic development programs such as the research activities credit, the renewable biochemical tax credit, biofuels tax credits and angel investor credits. IowaBio also supports the Iowa Renewable Fuels Infrastructure Fund (RFIF). |
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PHARMACEUTICALS AND PUBLIC HEALTH | ||
Drug Pricing, Vaccines, and Patient Access | IowaBio member companies are some of the top innovators in the pharmaceutical development space. They provide invaluable impact on patient health and quality of life, as well as cutting-edge Research and Development and the ability to draw in public and private investment to Iowa.
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BIOSCIENCE TALENT PIPELINE | ||
STEM Education and Workforce Initiatives | Over the last 20 years, IowaBio has contributed nearly $195,000 in student scholarships, teacher stipends and travel expenses to encourage and support STEM education. Our individual member companies care deeply about a robust talent pipeline and a strong workforce, particularly in STEM fields. IowaBio will also support legislation that funds workforce attraction and retention programs such as Future Ready Iowa, STEM initiatives and appropriations, and Empower Rural Iowa programs. |
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INTELLECTUAL PROPERTY | ||
IP Rights and Innovation Protection | IowaBio will closely monitor any legislation affecting intellectual property rights, to ensure our member companies can continue to develop and protect their most important asset—their innovations. |
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