Tax credit review report released

Updated: December 15, 2009

The Iowa Department of Management today released the agency tax credit reports. The report includes data and information on the tax credit programs submitted by the state agencies that administer the tax credit programs. Click here to review the agency tax credit reports.

Organizations or members of the public can post a public comment at www.governor.iowa.gov. Those comments will be provided to the tax credit review panel.

On Nov. 19, Governor Culver ordered a comprehensive review of the state’s tax credit programs. He asked the Directors of the six state agencies that oversee the tax credit programs to submit a review of their respective department’s tax credit programs. Those Directors will then serve on a panel to review the programs and submit a report to the Governor addressing oversight, accountability, transparency, public reporting, cost-benefit, and which programs should be continued, curtailed, and or eliminated. The Governor named Iowa Department of Management Director Dick Oshlo to chair the panel.