Investment tax credits.

1. The tax imposed under this chapter shall be reduced by an investment tax credit authorized pursuant to section 15E.27 for an investment in a qualifying business. 2. The taxes imposed under this chapter shall be reduced by investment tax credits authorized pursuant to sections 15.508 and 15.496 . 2002 Acts, ch 1006, §10, 13 ; 2006 Acts, ch 1158, §60 ; 2013 Acts, ch 70, §21 ; 2013 Acts, ch 90, §106 ; 2014 Acts, ch 1130, §40 ; 2015 Acts, ch 138, §123, 126, 127 ; 2025 Acts, ch 136, §53, 59, 75 For preservation of existing rights relating to tax incentives issued, awarded, or allowed before December 31, 2025, see 2025 Acts, ch 136, §58 2025 amendment to subsection 2 effective December 31, 2025; 2025 Acts, ch 136, §59 Section amended