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New Senate Human Resources Committee Chair
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Iowa Senate Republicans announced a new Chair of the Senate Human Resources Committee, which addresses issues like disability services, health care,... Read More...
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The Iowa Caucuses will be held on Monday night, February 3, 2020.  Democrats can find their neighborhood caucus locations, candidate contacts, and... Read More...
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Our 2020 Guide to the Iowa Caucuses is now available!  Read More...
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First term State Senator Marianette Miller-Meeks announced today that she'll run for Congress in Iowa's Second Congressional District.  US Rep. Dave... Read More...
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We are in the process of developing our new 2020 Guide to the Iowa Caucuses. Because there are some decisions still being made on the Democratic side,... Read More...


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TAX CUT SIGNED INTO LAW

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It was no secret that the Legislature spent weeks behind closed doors working on a tax reform package that would cut taxes and modernize our sales tax system.  It's a complicated bill, but here are the highlights:

  • There will be fewer income tax brackets and the top tax rate is reduced (from 8.53% to 6.5% for individuals, and from 12% to 9.8% for businesses).
     
  • Federal deductibility is eliminated in tax year 2019 for businesses and tax year 2023 for individuals (that is, the ability to deduct federal taxes from your state taxes).  
     
  • Iowa's sales tax system is "modernized" to allow for the taxation of online good and services (such as software, games, subscription services such as Netflix) and other services like taxis, Lyft, and Uber.   
     
  • Requires a review of all tax credits next summer (during the summer/fall of 2019).  Legislators will look at every tax credit and determine whether the state is getting a return on these investments.  There are many tax credits in Iowa law - volunteer firefighters, adoptions, school tuition, historic preservation, child care, beginning farmers, and many, many more.  

You can see a financial summary of the plan prepared by the non-partisan Legislative Services Agency at  www.legis.iowa.gov/docs/publications/FN/965637.pdf