SF 2506
Creates EDGE tax incentive program and repeals new jobs tax credit
The bill creates a tax incentive program for large out-of-state competing businesses that move or keep corporate headquarters in Iowa, and repeals the older new jobs tax credit. It also changes community college job-training rules and asks lawmakers to study the new jobs training program.
Official title
A bill for an act relating to matters under the purview of the economic development authority, the utilities commission, and the department of education, including creation of the headquarters expansion and development for growth and employment program, and the business incentives for growth program training fund; repeal of the new jobs tax credit program; the major economic growth attraction program; load forecasting and analysis of electric transmission system expansion plans; creation of the electric transmission system expansion planning and analysis and load forecasting fund; the industrial new jobs training program; establishing the new jobs training program interim study committee; the research activities credit; and including effective date provisions.(Formerly SF 2301, SSB 3103.)
Where it stands
- Introduced
- Committee
- Senate
- House
- Governor
Last action, May 3: Withdrawn. S.J. 1009.
Votes
History
- Withdrawn. S.J. 1009.Senate · May 3
- HF 2799 substituted. S.J. 1008.Senate · May 3
- Amendment S-5259 filed, adopted. S.J. 1008.Senate · May 3
- Attached to HF 2799. S.J. 1002.Senate · May 3
- Fiscal note.Senate · May 2
- Committee report, approving bill. S.J. 960.Senate · May 1
- Introduced, placed on Ways and Means calendar. S.J. 958.Senate · May 1