Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Iowa |
Effected Jurisdiction: | Iowa |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2017 |
Program name: | Historic Preservation and Cultural and Entertainment District Tax Credit |
Program purpose: | Historic Preservation |
Statutory authority: | Iowa Code Chapter 404A |
Abating jurisdiction(s): | State of Iowa |
Applicable taxes: | Individual Income Tax; Corporate Income Tax; Franchise Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | (qualification-based: no provisions for recapture) |
Gross revenue loss: | $44,540,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $44,540,000 |
Type of loss: | Active |
Additional notes on dislosure: | Provided breakdown by type of taxes |
Document source: | https://das.iowa.gov/state-accounting/state-financial-reports/cafr-archive |