2018 Resolutions on the Economy

Ensuring Corporate Tax Breaks Benefit Iowa Communities

Whereas Fortune 500 corporations have demanded extensive tax breaks in return for locating their businesses within the state of Iowa;

Whereas Iowa lawmakers have failed to provide an extensive study on the short and long term impact of such tax breaks on rural, local, and large communities;

Whereas no mechanism exists to reexamine whether or not corporations are delivering upon their promises of job creation, increase in GDP, or other considerations in order to receive a generous tax break;

Therefore let it be resolved that the state of Iowa will annually review corporate tax breaks to ensure that both the state and the corporations are within their original agreement, to the extent that external forces allow; that if a corporation has under-delivered in its obligations to the local communities, that that corporation will see its special tax rates changed or ended completely;

Therefore let it be further resolved that corporations may retain part of their tax break, even if underperforming, if a certain percentage of their energy comes from Iowa renewable sources such as wind, solar, or alternative fuels.

Therefore let it be resolved, that corporations will be able to retain part of their tax break if they employ local or state construction companies that use environmentally friendly construction processes to build and maintain their corporate properties.

Ensuring Corporate Tax Breaks Benefit Iowa Communities

 Whereas Fortune 500 corporations have demanded extensive tax breaks in return for locating their businesses within the state of Iowa;

Whereas Iowa lawmakers have failed to provide an extensive study on the short and long term impact of such tax breaks on rural, local, and large communities;

Whereas no mechanism exists to reexamine whether or not corporations are delivering upon their promises of job creation, increase in GDP, or other considerations in order to receive a generous tax break;

Therefore let it be resolved that the state of Iowa will annually review corporate tax breaks to ensure that both the state and the corporations are within their original agreement, to the extent that external forces allow; that if a corporation has under-delivered in its obligations to the local communities, that that corporation will see its special tax rates changed or ended completely;

Therefore let it be further resolved that corporations may retain part of their tax break, even if underperforming, if a certain percentage of their energy comes from Iowa renewable sources such as wind, solar, or alternative fuels.

Therefore let it be resolved, that corporations will be able to retain part of their tax break if they employ local or state construction companies that use environmentally friendly construction processes to build and maintain their corporate properties.