Iowa EDA Adopts Historic Preservation Tax Credit Rules

The Iowa Economic Development Authority (EDA) adopted a new Chapter 49, replacing the existing Chapter on the Historic Preservation Tax Credit program. The regulations establish policies and procedures for tax credits available for qualified rehabilitation expenditures on historic properties, including definitions of historically significant properties, eligible taxpayers, and qualified rehabilitation expenditures. The regulations take effect July 15. [Iowa Econ. Dev. Auth., Regs. Sections 261-49.1 et al., 06/10/26 Iowa Admin. Bull.]