Rep. Steve King, a Republican, is not actively organizing a Senate bid — but he’s still looking at running.

“Before I could say ‘yes’ to something like that, I’d have to see a lot of the money would be lined up and a lot of the support would be lined up,” King said in a phone interview last week. “I’ve taken no steps in that direction.”

The 2014 cycle kicked off with Republican challengers announcing campaigns in West Virginia and South Dakota just weeks after Election Day in November. King said he would hold off making a decision about running for the seat.

“Anyway you make a decision like this, there are a lot of complexities that come into it,” King added.

Sen. Tom Harkin, a Democrat, has not said yet whether he will seek re-election. If he retires, the race to replace him would be competitive. Democrats say Rep. Bruce Braley would seek their party’s nod.

In addition to King, Republicans have mentioned Iowa Secretary of Agriculture Bill Northey and Lt. Gov. Kim Reynolds as possible candidates.

But as long as Harkin seeks re-election, CQ Roll Call rates this race as Likely Democratic.