A bill for an act creating a maternity group home tax credit available against the individual, corporate, franchise, insurance premium, and moneys and credits taxes, and including applicability provisions.
Committee report approving bill, renumbered as SF 2495. S.J. 808.
Summary
The bill lets individuals and businesses claim a credit equal to 100% of their cash or non‑cash donations to a licensed maternity group home. The credit applies against several Iowa taxes but cannot exceed the taxpayer’s liability, cannot be carried forward or backward, and is capped at $3.5 million statewide each year (with a $500,000 limit per home). Applications must be approved by the Department of Revenue within six months of the donation.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when SF 2279 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track SF 2279 freeOr ask your AI assistant about SF 2279 directly:
Add to Claude, ChatGPT or Cursor