HF2624 — A bill for an act creating the railroad reconstruction or replacement tax credit available against the individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax, and including effective date and retroactive applicability provisions.

HF2624 — A bill for an act creating the railroad reconstruction or replacement tax credit available against the individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax, and including effective date and retroactive applicability provisions. · Informed CitizenryThis bill creates a railroad reconstruction or replacement tax credit for class II or class III railroads in Iowa. For tax years beginning between January 1, 2024, and January 1, 2032, the credit e…Open in Informed Citizenry