A bill for an act relating to matters under the purview of the economic development authority, the utilities commission, and the department of education, including creation of the headquarters expansion and development for growth and employment program, and the business incentives for growth program training fund; repeal of the new jobs tax credit program; the major economic growth attraction program; load forecasting and analysis of electric transmission system expansion plans; creation of t...

Summary

HF 2799 establishes the Headquarters Expansion and Development for Growth and Employment (EDGE) program to attract and retain corporate headquarters in Iowa, sets up a fund for electric‑transmission system planning and load forecasting, and eliminates the existing New Jobs tax credit. The bill also creates a training‑fund for business incentives and a study committee to review job‑training programs, affecting large firms, utilities, and the state education department.

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