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: | 2023 |
| Program name: | High Quality Jobs Program (HQJP) |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Iowa Code Sections 15.326 through 15.336 |
| Abating jurisdiction(s): | State of Iowa |
| Applicable taxes: | Sales and Use Tax; Individual Income Tax; Corporate Income Tax; Franchise Tax; Insurance Premium Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $22,795,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $22,795,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | Provided breakdown by type of taxes |
| Document source: | https://publications.iowa.gov/47299/1/ACFR%20FY2023.pdf |
