DES MOINES (AP) -- No one will ever mistake Des Moines for Hollywood, but a generous two-year-old tax incentive has drawn a number of moviemakers to Iowa.
Now some supporters of the tax breaks are asking legislators to remove a $50 million cap they imposed in the last legislative session to ensure more moviemakers come to the state.
Since legislators approved the tax breaks in 2007, the state has issued about $32 million in tax credits for more than 20 film projects. The Legislative Fiscal Bureau estimated economic activities from that moviemaking have generated $810,000 more for the state than it has lost in potential tax revenue.
Under Iowa's program, investors and producers get a tax credit for up to 50 percent of spending on a film production. That means that don't pay taxes on half of their spending.
Rep. Tom Sands, a Republican lawmaker in the Iowa House, says he won't seek re-election in November. Sands, who represents Wapello in eastern Iowa, announced Thursday he will withdraw his name from the general...
A trial will be moved to Des Moines for a parolee accused of killing a bail bondsman in Iowa City. Court records say a judge ordered the change of venue Friday at the request of lawyers for 41-year-old Curtis Jones....More >>