Iowa HF211 establishes a tax credit for radon mitigation systems, up to $1,000, against individual and corporate income taxes.

Iowa HF211 introduces a tax credit for radon mitigation systems, allowing individuals and corporations to reduce their income tax liability by the cost of purchasing and installing a radon mitigation system, up to $1,000. The credit applies to tax years beginning on or after January 1, 2025, and is not refundable but can be carried over to future tax years. The bill defines a "radon mitigation system" as a system designed to reduce radon concentrations in indoor air.

Iowa HF211 establishes a tax credit for radon mitigation systems, up to $1,000, against individual and corporate income taxes.

Iowa HF211 introduces a tax credit for radon mitigation systems, allowing individuals and corporations to reduce their income tax liability by the cost of purchasing and installing a radon mitigation system, up to $1,000. The credit applies to tax years beginning on or after January 1, 2025, and is not refundable but can be carried over to future tax years. The bill defines a "radon mitigation system" as a system designed to reduce radon concentrations in indoor air.