Iowa Senate approves tax credit cuts - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa Senate approves tax credit cuts

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DES MOINES (KWWL) -- The Iowa Senate has given final legislative approval to a package that slashes about $65 million in state tax credits.

The issue has been a major sticking point in budget negotiations all session.

The Senate gave the measure final approval sending it to Governor Chet Culver for his signature.

Culver asked lawmakers to slash about $115 million in various tax credits, but lawmakers were unable to agree on a package that large.

 

Online Producer-Chris Becker

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