New Jobs Tax Credit (Iowa)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Iowa

Applies to States or Provinces Iowa
Name New Jobs Tax Credit (Iowa)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive, Training/Technical Assistance
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Iowa Economic Development Authority
Primary Website

Last Review 2014-09-15

Information Source


The Iowa New Jobs Tax Credit is an Iowa corporate income tax credit and is available to a company that has entered into a New Jobs Training Agreement (260E) and expands their Iowa employment base by ten percent or more.

The amount of this one-time tax credit will depend upon the wages a company pays and the year in which the tax credit is first claimed. The maximum tax credit in 2013 will be $1,560 per new employee. Unused tax credits may be carried forward up to ten years. The tax credit may be claimed on Form IA 133 found on the Iowa Department of Revenue Website.

Policy Contact

Department Iowa Economic Development Authority
Division Business Development
Address 200 East Grand Avenue
Place Des Moines, Iowa
Zip/Postal Code 50309
Phone 515-725-3134


Authorities (Please contact the if there are any file problems.)

Authority 1: New Jobs Tax Credit
Date Effective 2012
Date Enacted 2007