Iowa Code § 15.332
Value-added property tax exemption. Repealed by 2025 Acts, ch 136, §21, 24
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2026
As of January 1, 2012
1. The community may exempt from taxation all or a portion of the actual value added by improvements to real property directly related to new jobs created by the location or expansion of an eligible business under the program and used in the operations of the eligible business. The exemption may be allowed for a period not to exceed twenty years beginning the year the improvements are first assessed for taxation.
2. For purposes of this section, “improvements” includes new construction and rehabilitation of and additions to existing structures. The exemption shall apply to all taxing districts in which the real property is located.
94 Acts, ch 1008, §9; 94 Acts, ch 1165, §43
Referred to in
For transition and preservation of existing rights provisions related to the repeal of the high quality jobs program, see
2025 repeal effective December 31, 2025; 2025 Acts, ch 136, §24
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.