Iowa HF2225 creates a nonresident tuition tax credit for new graduates employed in specific professions.

Iowa HF2225 establishes a nonresident tuition tax credit for new graduates who have been residents and employed in Iowa since graduation. Eligible professions include health care professionals, teachers, licensed veterinarians, and professional engineers. The credit is equal to 100% of the difference between nonresident and resident tuition. The tax credit can be applied to future tax liabilities for up to five years or until depleted. The bill also mandates the Board of Regents to publish tuition amounts for nonresident and resident students on their website.

Iowa HF2225 creates a nonresident tuition tax credit for new graduates employed in specific professions.

Iowa HF2225 establishes a nonresident tuition tax credit for new graduates who have been residents and employed in Iowa since graduation. Eligible professions include health care professionals, teachers, licensed veterinarians, and professional engineers. The credit is equal to 100% of the difference between nonresident and resident tuition. The tax credit can be applied to future tax liabilities for up to five years or until depleted. The bill also mandates the Board of Regents to publish tuition amounts for nonresident and resident students on their website.