The bill establishes the Iowa food bank donation matching fund, which will be managed by the Department of Health and Human Services (HHS). It mandates an annual appropriation of $1 million from the state’s general fund, starting July 1, 2026, to match the total amount of private donations received by nonprofit food banks in the previous fiscal year. The funds will be deposited into the newly created fund and will be distributed annually to nonprofit food banks according to rules set by HHS.

Additionally, the bill specifies that any unencumbered or unobligated funds at the end of a fiscal year will not revert but will remain available for use in the following fiscal year. It also states that any interest or earnings generated from the fund will be credited back to it, ensuring that the resources are maximized for supporting food banks in their mission to provide food to those in need.