This bill establishes a three-year moratorium on economic development program funding for Iowa's four most populous counties, starting from July 1, 2025, and ending on June 30, 2028. During this period, the economic development authority is prohibited from administering any programs or allocating funds to these counties.

The intent of the moratorium is to halt all economic development initiatives in the specified counties, thereby impacting the availability of resources and support for economic growth in those areas. The bill does not include any insertions or deletions from current law.