Iowa’s Historic Preservation and Cultural and Entertainment District Tax Credit Program Evaluation Study
AbstractExecutive Summary: Iowa introduced the Historic Preservation and Cultural and Entertainment District (HPCED) Tax Credit Program in 2000. The program allows property owners or developers to claim tax credits equal to 25 percent of qualified rehabilitation costs for eligible historic properties in Iowa. In tax year 2002, the tax credit was made transferable and refundable at a discounted amount. In tax year 2005, the cap of the tax credit was increased to $6.5 million per year. In tax year 2007, the cap of the tax credit was increased to $10 million for fiscal year 2008, $15 million for fiscal year 2009, and $20 million for fiscal year 2010 and subsequent years. In addition, the tax credit was made fully refundable in 2007. The major findings of the study are:...
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 14794.
Date of creation: 30 Mar 2009
Date of revision:
Investment Tax Credit; Tax Policy; State and Local Governement; Public Subsidy;
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- H0 - Public Economics - - General
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-04-25 (All new papers)
- NEP-CUL-2009-04-25 (Cultural Economics)
- NEP-PBE-2009-04-25 (Public Economics)
- NEP-URE-2009-04-25 (Urban & Real Estate Economics)
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