Iowa House Republicans Deliver on COVID Relief Package, Providing $128M in Tax Relief for Individuals, Businesses
(DES MOINES) — On March 3, 2021, the Iowa House of Representatives passed a COVID-19 relief package, Senate File 364 with an amendment, to deliver $128 million in tax relief to Iowa taxpayers and businesses affected by COVID-19.
SF 364 exempts pandemic-related grants and unemployment benefits from state income tax. Representative Brian Lohse (R-Bondurant) of House District 30 floor managed the legislation.
“We realize that there is probably never going to be a way to make whole all of those affected financially by the COVID-19 pandemic,” said Lohse, “But this will provide meaningful COVID relief to Iowa taxpayers and business in as equitable of a way as possible.”
Speaker of the House Pat Grassley applauded the legislation.
“This COVID-19 relief package will provide substantial tax relief to those Iowa taxpayers and businesses hurt by the COVID-19 pandemic,” said Grassley. “With this legislation, Iowa House Republicans are delivering on yet another promise made to Iowans on the campaign trail.”
SF 364 as amended passed the House with a unanimous vote of 94-0.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
