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66 chapters · 1,391 sections in this title.
Iowa Code § 404A.1 Definitions.
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For purposes of this chapter , unless the context otherwise requires: 1. “Authority” means the economic development authority created in section 15.105 . 2. “Eligible taxpayer” means the owner of the property that is the subject of a qualified rehabilitation project, or another p…
Iowa Code § 404A.2 Historic preservation tax credit.
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1. An eligible taxpayer who has entered into an agreement under section 404A.3, subsection 3 , is eligible to receive a historic preservation tax credit in an amount equal to twenty-five percent of the qualified rehabilitation expenditures of a qualified rehabilitation project th…
Iowa Code § 404A.3 Application and registration — agreement — compliance and examination.
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1. Application and fees. a. An eligible taxpayer seeking historic preservation tax credits provided in section 404A.2 shall make application to the authority in the manner prescribed by the authority. b. The authority may accept applications on a continuous basis or may accept ap…
Iowa Code § 404A.4 Aggregate tax credit award limit.
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1. a. Except as provided in subsections 2, 3, and 4, the authority shall not award in any one fiscal year an amount of tax credits provided in section 404A.2 in excess of forty-five million dollars. b. Of the tax credits that may be awarded in a fiscal year pursuant to paragraph …