Brownfield/Grayfield Tax Credit Program (Iowa)
Last modified on February 12, 2015.
|Applies to States or Provinces||Iowa|
|Name||Brownfield/Grayfield Tax Credit Program (Iowa)|
|Policy Category||Financial Incentive|
|Policy Type||Corporate Tax Incentive|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||Iowa Economic Development Authority|
The Brownfield/Grayfield Tax Credit Program offers qualifying projects tax credits of 24% for qualifying costs of a Brownfield project and 30% if the project meets green building requirements. Grayfield is also included in the tax credit program. A Grayfield project can receive tax credits of 12% of qualifying costs and 15% if the project meets green building requirements. Tax credits are available on a first come first served basis, with a maximum tax credit per project of $1,000,000 and a $10,000,000 maximum.
|Contact Name||Matt Rasmussen|
|Department||Iowa Economic Development Authority|
|Address||200 East Grand Avenue Des Moines, Iowa, 50309, USA|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Brownfield/Grayfield Tax Credit Program|