Iowa Administrative Code

sections 15.111 and 15.511 as enacted by 2025 Iowa Acts, Senate File 657. Awards of financial assistance shall be entirely at the discretion of the board. [ARC 9858C, IAB 12/24/25, effective 1/28/26]

69.7(1) Execution. Successful applicants will be required to execute an agreement within 180 days of the award date. The time limit for execution may be extended by the authority director for an additional 180 days for good cause shown. Upon expiration of the time limit, includin…

69.8(1) Overview. The authority will count created and retained jobs using a base employment analysis comparing the base employment level to employment on another date. The business’s base employment level will be established at the time of application for the program. The number…

requirements as established pursuant to this rule and as indicated in an agreement. Jobs that do not meet the qualifying wage threshold requirements will not be counted toward a business’s job creation or job retention obligations. 69.9(1) If the business is creating jobs, the bu…

“Authority” means the economic development authority created in Iowa Code section 15.105. “Award date” means the date the board approved a withholding agreement. “Base employment level” means the number of full-time equivalent positions at an employer as established by the author…

identified by the authority based on applications received prior to October 1, 2006. The identified pilot project cities are: 1. Burlington. 2. Council Bluffs. 3. Fort Madison. 4. Keokuk. 5. Sioux City. [ARC 0001D, IAB 1/21/26, effective 2/25/26]

withholding agreement pursuant to Iowa Code section 403.19A. In addition to the items described in Iowa Code section 403.19A(3)“d,” a withholding agreement shall contain all of the following: 71.3(1) A list of all other incentives or financial assistance the employer has requeste…

71.4(1) Request for board approval form. To request board approval of a proposed withholding agreement, an employer and pilot project city shall utilize a standardized application developed by the authority. The form will include but not be limited to the following: a. A general …

71.5(1) The annual report required by Iowa Code section 403.19A(3)“c”(3) shall be submitted by the employer by September 1 covering the prior fiscal year (July 1 to June 30). The authority will verify job creation or retention using the method described in rule 261—71.6(15). 71.5…

71.6(1) Overview. The authority will count created and retained jobs using a base employment analysis comparing the base employment level to employment at another date. The employer’s base employment level will be established at the time of application for the program. The number…

1, 2013. Withholding agreements entered into prior to July 1, 2013, shall be governed by this chapter as it existed prior to the enactment of 2013 Iowa Acts, Senate File 433. [ARC 0001D, IAB 1/21/26, effective 2/25/26] These rules are intended to implement Iowa Code section 403.1…

“Authority” means the economic development authority established in Iowa Code section 15.105. “Domestic trade assistance” means financial assistance for participation in a trade show in the United States with documented significant international attendance. “Eligible applicant” m…

72.2(1) Financial assistance in the form of grants is available to exporters that meet all of the following criteria: a. The exporter employs fewer than 500 individuals, 75 percent or more of whom are employed within the state of Iowa, b. The exporter is new to exporting, targeti…

reimbursed with financial assistance provided through the program. 72.3(1) Trade shows. The following trade show expenses are eligible for domestic trade assistance and export trade assistance: a. Space rental. b. Booth construction at show site. c. Booth equipment or furniture r…

72.4(1) An eligible applicant shall submit an application in the form and content required by the authority. Information on submitting an application is available on the authority’s website. For domestic trade assistance and export trade assistance, an eligible applicant must app…

72.5(1) Eligible applicants approved for financial assistance must enter into a contract with the authority prior to participating in a trade show or trade mission or prior to incurring expenses for marketing services. 72.5(2) Payments will be made by the authority on a reimburse…

“Applicant” means the entity that submits an application to the authority for a certificate of readiness for a site development area or areas. “Authority” means the economic development authority established in Iowa Code section 15.105. “Certificate of readiness” means a certific…

pursuant to Iowa Code section 15E.18. [ARC 0002D, IAB 1/21/26, effective 2/25/26]

77.3(1) Application. All requests for a certificate of readiness for a site development area shall be made using the application provided by the authority. The application shall include at least the following information: a. Applicant information, including name, address, telepho…

77.4(1) General. When evaluating applications for certificates of readiness, the authority will consider the following criteria: a. The thoroughness and detail of the site development plan. b. The site development plan’s regard for compliance with applicable regulations, includin…

77.5(1) Certification. Upon approval of an application, the authority will issue a certificate of readiness to the applicant. The certificate of readiness will include a short description of how the site development plan meets the general criteria described in subrule 77.4(1) and…

consultations. The applicant will be required to enter a contract with the authority that provides for reimbursement of all or a portion of the cost of site development consultations if, during the period the certificate of readiness is effective, the owner(s) of a site or park s…

aviation fuel industry using the SAF program to incentivize new and existing businesses to produce high-value sustainable aviation fuel in Iowa from feedstock. [ARC 0258D, IAB 5/13/26, effective 6/17/26]

“Authority” means the economic development authority created in Iowa Code section 15.105. “Director” means the director of the authority. “Eligible business” means the same as the definition of “eligible taxpayer” in Iowa Code section 15.531(2). “Feedstock” means the same as defi…

tax credit pursuant to the SAF program, a business shall meet all of the eligibility requirements in Iowa Code section 15.532. Additionally, a foreign business shall demonstrate that it is not associated with a foreign adversary or foreign adversary entity. [ARC 0258D, IAB 5/13/2…

80.4(1) Applications for tax credits may be submitted to the authority electronically by an eligible business from February 15 to March 15 of each calendar year, beginning February 15, 2027. The authority may adjust the annual application period under extenuating circumstances. 8…

an agreement pursuant to Iowa Code section 15.532(2). The eligible business must sign the agreement within 60 days of being notified of approval for the tax credit. Upon request by the eligible business, the authority may extend the time period for signing the agreement by an add…

80.6(1) Calculation of tax credit amount. a. An eligible business that has entered into an agreement pursuant to rule 261—80.5(15) may be issued a tax credit certificate in an amount calculated as described in Iowa Code section 15.533(1). The tax credit certificate shall contain …

80.7(1) Maximum tax credit claimed. An eligible business that has entered into an agreement pursuant to rule 261—80.5(15) and been issued a tax credit certificate pursuant to subrule 80.6(1) may claim a tax credit as described in Iowa Code section 15.533. 80.7(2) Claiming the cre…

and documentation from an eligible business, including but not limited to the operations and economic impact of the eligible business, and the authority may use the information in preparing and publishing any reports to be provided to the general assembly to the extent consistent…

“b,” the authority may allocate up to $10 million collectively each fiscal year for purposes of the SAF program and the renewable chemical program. The authority board shall determine the amount of such $10 million allocated to each program in a given fiscal year. The authority s…

chemicals industry and stimulate job growth using the renewable chemical production tax credit program to incentivize new and existing businesses to produce high-value renewable chemicals in Iowa from biomass feedstock. [ARC 7493C, IAB 1/10/24, effective 2/14/24]

“Authority” means the economic development authority created in Iowa Code section 15.105. “Authority’s website” means the information and related content found at www.iowaeda.com and may include integrated content at affiliate sites. “Biomass feedstock” means the same as defined …

credit pursuant to the program, a business shall meet all of the eligibility requirements in Iowa Code section 15.317. [ARC 7493C, IAB 1/10/24, effective 2/14/24]

81.4(1) Applications for tax credits may be submitted to the authority electronically by eligible businesses from February 15 to March 15 of each calendar year. The authority may adjust the annual filing window dates under extenuating circumstances and will provide notice of adju…

an agreement and pay applicable fees pursuant to Iowa Code section 15.318(2) as amended by 2023 Iowa Acts, Senate File 575. Eligible businesses must sign the agreement within 60 days of being notified of approval for the tax credit. Upon request by an eligible business, the autho…

81.6(1) Calculation of tax credit amount. a. An eligible business that has entered into an agreement pursuant to rule 261—81.5(15) may be issued a tax credit certificate in an amount calculated as described in Iowa Code section 15.319(1). For example, if an eligible business prod…

81.7(1) Maximum tax credit claimed. An eligible business that has entered into an agreement pursuant to rule 261—81.5(15) and been issued a tax credit certificate pursuant to subrule 81.6(1) may claim a tax credit as described in Iowa Code section 15.319(1) as amended by 2023 Iow…

81.8(1) General process. The authority may add additional molecules to the definition of “building block chemical” in rule 261—81.2(15) pursuant to Iowa Code section 15.316(3) as amended by 2023 Iowa Acts, Senate File 575. The authority may initiate the administrative rulemaking …

documentation from an eligible business regarding the operations, job creation, and economic impact of the eligible business, and the authority may use the information in preparing and publishing any reports to be provided to the governor and the general assembly to the extent co…

“Authority” means the economic development authority created in Iowa Code section 15.105. “Director” means the director of the authority. “Eligible expenditures” means the same as defined in Iowa Code section 15.521. “Foreign adversary” means a foreign government or foreign non-g…

82.2(1) Eligibility for certification as a qualified business. A business shall meet all of the criteria in Iowa Code section 15.522 to be eligible for certification as a qualified business. Additionally, a foreign business shall demonstrate that it is not associated with a forei…

82.3(1) Annual business application. A qualified business shall make its best efforts to submit its annual application for a tax credit no later than 90 days after the date its federal return is filed and accepted. The application shall be submitted no later than January 31 follo…

82.4(1) Issuance by the authority. The authority will issue tax credit certificates to qualified businesses pursuant to Iowa Code section 15.524. Tax credit certificates will be issued to the qualified businesses that applied for certification. 82.4(2) Vested right. A taxpayer do…

82.5(1) Pursuant to Iowa Code section 15.112, the authority may reduce or eliminate some or all of a tax credit approved through the program under the following circumstances: a. A qualified business closes a facility in Iowa. b. A qualified business experiences a mass layoff for…

April 22, 2026. [ARC 0133D, IAB 3/18/26, effective 4/22/26] These rules are intended to implement Iowa Code chapter 15, subchapter II, part 35. [Filed ARC 0133D (Notice ARC 9828C, IAB 12/24/25), IAB 3/18/26, effective 4/22/26]

development actions, including annexations, consolidations, discontinuances, incorporations and severances for the state of Iowa, pursuant to the provisions of Iowa Code chapter 368. Detailed information about the board’s policies and procedures can be found in Iowa Code chapter …

be addressed to City Development Board, Iowa Economic Development Authority, 1963 Bell Avenue, Suite 200, Des Moines, Iowa 50315, or to cdb@iowaeda.com. [ARC 7699C, IAB 3/6/24, effective 4/10/24]

chairperson and vice-chairperson at the first regular meeting of the calendar year. Three members of the board constitute a quorum, and a quorum must be present in order for the board to take action. The affirmative vote of a majority of board members is necessary for action take…

Avenue, Suite 200, Des Moines, Iowa 50315, or at such other location as the board may designate. The chairperson or the chairperson’s designee prepares an agenda for each meeting, listing matters to be addressed. Meetings of the board are subject to the requirements of Iowa Code …