Proyectos de ley › 90.ª Asamblea General
Relating to the allocation of workforce housing tax incentives available against the individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax
Temas:Housing & propertyTaxesHousing supply & costsTax credits & incentives
Dónde está ahora
- Hecho: Presentado25 de enero de 2024
- Hecho: Subcomité8 de febrero de 2024
- Se detuvo: Comité de la CámaraMurió al terminar la Asamblea General
- Sigue: Lo aprueba la Cámara
- Sigue: Comité del Senado
- Sigue: Lo aprueba el Senado
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2024 terminó el 19 de abril de 2024, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA This bill changes how money is shared for workforce housing tax credits. It limits how much of the leftover funding can be set aside for housing projects located in Iowa's two largest counties. This rule applies to new projects registered on or after July 1, 2024. (Todavía no está traducido al español.)1
Lea la explicación oficial (en inglés)
Currently, certain economic development tax credit amounts are capped at $170 million in the aggregate per fiscal year under Code section 15.119. In allocating the tax credits pursuant to Code section 15.119, the workforce housing tax incentive program limit is $35 million in most instances, and of that amount allocated to workforce housing tax incentives, $17.5 million is reserved for projects in small cities. Of the remaining moneys not allocated to small cities, this bill specifies that no more than one-third of the remaining moneys shall be reserved for qualified housing projects wholly located in the two most populous counties in the state, that are registered on or after July 1, 2024.
Por qué importa. This legislation changes how the state distributes workforce housing tax credits by limiting the amount reserved for housing projects located entirely within Iowa's two most populous counties. These projects must be registered on or after July 1, 2024, to be subject to this new limit on the remaining funds available after small city allocations. (Todavía no está traducido al español.)2
House subcommittee
Named February 8, 2024. On February 28, 2024 it recommended passage. Vote Total: 2-0.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Lo que cambia del Código de Iowa (Iowa Code)
Modifica§15.119
Cabildeo
2 a favor · 1 en contra · 15 indecisos · Quiénes →
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90th General Assembly
Picked up later
Earlier and later bills are matched by wording or an identical title.
Similar bills
- HF 208 Relating to the allocation of workforce housing tax incentives available against the indiv…91st General Assembly · Subcommittee recommends passageNearly identical
Matched by wording or an identical title.