An Iowa Senate committee has approved tax breaks that reward green energy, charitable food donations and preserving historical sites.
The Senate Ways and Means Committee passed multiple tax break bills Wednesday. These now move before the full Senate.
One bill would provide $5 million in state dollars to fund income tax breaks for individuals, farmers and businesses who want to install a fueling station for electric or natural gas-powered vehicles. The Senate approved a similar bill with bipartisan support two years ago but it failed in the House.
The panel approved a proposed income tax break for farmers who donate excess produce to local food banks.
Another bill would raise historic preservation credits for Iowa communities to $60 million. Credits cover 25 percent of rehabilitation costs for eligible historic buildings.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Sunday, April 20 2014 10:30 PM EDT2014-04-21 02:30:09 GMT
What would you do if your toddler was having trouble breathing? RSV is a very scary condition that puts hundreds of kids in the hospital every year. But getting quick emergency care can help relieve parentMore >>
What would you do if your toddler was having trouble breathing? RSV is a very scary condition that puts hundreds of kids in the hospital every year. But getting quick emergency care can help relieve parent stress as well as a child's symptoms.More >>