A bill for an act modifying the major economic growth attraction program to include incentivizing the building of a professional sports stadium by a national football league franchise in the state.

Summary

The bill changes the state’s Major Economic Growth Attraction (MEGA) program so that a National Football League franchise can receive the same tax incentives as other large‑scale investors. It defines a “sports stadium” and lets businesses that are building such a stadium qualify for sales‑tax refunds, investment credits and other incentives. This could attract a professional football team and a new stadium to Iowa.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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