Iowa Administrative Code
Agency 261 - Economic Development Authority
Part IV - Business Development Division
Chapter 65 - Brownfield and Grayfield Redevelopment
Rule 261-65.12 - Review, Approval, and Repayment Requirements of Redevelopment Tax Credit
Universal Citation: IA Admin Code 261-65.12
Current through Register Vol. 47, No. 6, September 18, 2024
(1) A qualified investor seeking to claim a tax credit pursuant to 2011 Iowa Code Supplement sections 15293A. and 15293B. shall apply to the authority, and applications shall be reviewed by the council as established in 2011 Iowa Code Supplement section 15294.. The council shall recommend to the board the tax credit amount available for each qualifying redevelopment project.
(2) A qualified investor shall provide to the authority, the coimcil and the board all of the following:
a. Information showing the total costs of the
qualifying redevelopment project, including the costs of land acquisition,
cleanup, and redevelopment.
b.
Information about the financing sources of the investment which is directly
related to the qualifying redevelopment project for which the taxpayer is
seeking approval for a tax credit, as provided in 2011 Iowa Code Supplement
section
15293A..
Disclaimer: These regulations may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
