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| Posted on Friday, December 06 @ 00:00:11 PST |
WHO Des Moines Gov Reynolds receives recognition for tax policy, eyeing tax incentive changes in 2025 Zach Fisher Fri, December 6, 2024 at 1:09 AM UTC 1 min read
ALTOONA, Iowa — A month before a new legislative session begins, Iowa Governor Kim Reynolds received recognition for her work on tax policy in the last several years.
The Linda S. Weindruch Award is given out every year by the Iowa Taxpayers Association. Members met at the Prairie Meadows Conference Center on Thursday and Friday. Gov. Reynolds received the award on Thursday afternoon, with the association recognizing tax policy and budgeting principles passed under her direction.
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Advertisement Advertisement Advertisement “I’m proud to say that I’ve signed four more historic tax reform packages since 2018,” said Reynolds. “What you see is what you get, low taxes, low spending and more money in the pockets of citizens and businesses who truly create prosperity.”
Reynolds thanked the association for the recognition while outlining the work done since she’s taken over the office. She ended her speech indicating that the work is not over yet for changes to different types of state tax policy.
Debi Durham, the director of the Iowa Finance Authority and Iowa Economic Development Authority spoke a couple of hours before Gov. Reynolds. Durham outlined the economic goals for the state to the business leaders in attendance, indicating a change to the Research Development tax credit.
“I think it is inevitable that there will be changes to the R&D. I think I can safely say that. I think, honestly, I think industry is going to like it a lot better. I think there is going to be some surety for you and I think it’s going to bring some comfort to the legislature that hasn’t been there,” said Durham. “We are proposing changes. And we are proposing changes to our incentives overall.”
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