Panel approves ending Iowa tax deduction - KWWL - Eastern Iowa Breaking News, Weather, Closings

Panel approves ending Iowa tax deduction

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DES MOINES, Iowa (AP) -- A $600 million overhaul of the state's income tax system cleared another legislative hurdle Monday night, winning approval from a key House tax-writing committee despite warnings the measure would chase businesses from the state.

The measure won approval Monday from a subcommittee of the House Ways and means Committee on a party-line vote, with Democrats in favor and Republicans opposed. Then Monday night, the full Ways and means Committee sent the package to the full House for debate.

Debate is tentatively scheduled on Thursday.

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