Iowa SF2498 creates sales and use tax exemptions for nuclear electric generation facilities contingent on contributions to nuclear energy workforce.

Iowa SF2498 establishes sales and use tax exemptions for nuclear electric generation facilities, contingent on these facilities entering into agreements with the state board of regents and the economic development authority. These agreements require the facilities to contribute at least 15% of the aggregate value of the exemption received for the previous calendar year to support nuclear energy workforce programs at institutions of higher education.

Iowa SF2498 creates sales and use tax exemptions for nuclear electric generation facilities contingent on contributions to nuclear energy workforce.

Iowa SF2498 establishes sales and use tax exemptions for nuclear electric generation facilities, contingent on these facilities entering into agreements with the state board of regents and the economic development authority. These agreements require the facilities to contribute at least 15% of the aggregate value of the exemption received for the previous calendar year to support nuclear energy workforce programs at institutions of higher education.