Iowa SF622 amends various economic development and cultural programs, including tax credits, redevelopment, and cultural initiatives.

Iowa SF622 revises several economic development and cultural programs in Iowa. It eliminates the brownfield redevelopment program and fund, and the Iowa cultural trust, including its board of trustees. It also repeals the cultural and entertainment districts program. The bill creates the arts and culture enhancement fund, replacing the Iowa cultural trust, and transfers remaining funds from related programs to this new fund. It modifies the historic preservation tax credit, making it fully refundable starting January 1, 2026, and prohibits its transfer after that date.

Iowa SF622 amends various economic development and cultural programs, including tax credits, redevelopment, and cultural initiatives.

Iowa SF622 revises several economic development and cultural programs in Iowa. It eliminates the brownfield redevelopment program and fund, and the Iowa cultural trust, including its board of trustees. It also repeals the cultural and entertainment districts program. The bill creates the arts and culture enhancement fund, replacing the Iowa cultural trust, and transfers remaining funds from related programs to this new fund. It modifies the historic preservation tax credit, making it fully refundable starting January 1, 2026, and prohibits its transfer after that date.