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