Tax Break Tracker Individual Entry

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: 
Iowa
Reporting Jurisdiction: 
Iowa
Jurisdiction type
State
Fiscal year ending In: 
2019
Program name: 
Redevelopment Tax Credit
Program purpose
Brownfield remediation
Statutory authority
Iowa Code Sections 15.291, 15.293A, 15.293B, 15.294
Abating jurisdiction(s)
State of Iowa
Applicable taxes: 
Individual Income Tax; Corporate Income Tax; Franchise Tax; Insurance Premium Tax
Method of abatement
Tax credit
Provisions for recapture
(not specified)
Gross revenue loss
$7,578,000
Reimbursement / offset
$0
Net revenue loss
$7,578,000
Type of loss
Active
Additional notes on dislosure: 
Provided breakdown by type of taxes