On February 22, 2026, Iowa Governor John Smith signed into law a series of new commercial laws aimed at boosting small business growth in the state. These laws, which were passed by the Iowa Legislature earlier this month, are set to take effect on April 1st and are expected to have a significant impact on the state's business ecosystem.One of the key provisions of the new commercial laws is the establishment of a Small Business Development Fund, which will provide financial assistance to small businesses in Iowa. The fund, which will be administered by the Iowa Economic Development Authority, will offer grants and low-interest loans to eligible small businesses to help them grow and expand. This initiative is expected to give a much-needed boost to small businesses that have been struggling to access capital in recent years.In addition to the Small Business Development Fund, the new laws also include provisions to streamline the business registration process in Iowa. Under the new laws, small businesses will be able to register online through a simplified and user-friendly system, making it easier and faster for entrepreneurs to start their businesses in the state. This move is expected to attract more entrepreneurs and promote the creation of new businesses in Iowa.Furthermore, the new commercial laws also include measures to enhance consumer protection in the state. One such measure is the establishment of a Consumer Protection Bureau within the Iowa Attorney General's office, which will be responsible for investigating and prosecuting cases of fraud and deceptive practices in the marketplace. This initiative is aimed at safeguarding consumers and promoting trust in Iowa's business community.Overall, the new commercial laws in Iowa represent a significant step towards promoting small business growth and economic development in the state. With these new measures in place, small businesses in Iowa are expected to thrive and contribute to the state's overall prosperity. Governor Smith expressed his confidence that these new laws will create a more supportive environment for small businesses and help Iowa's economy reach new heights.