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ARTICLE · 22 FEBRUARY 2024

Capitol Report: Week 1, 2024

Nyemaster Goode
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The second session of the 90th General Assembly convened at 10:00 am on January 8th. The first day of the session included opening speeches from leadership in both the majority and minority party...

United StatesTax
Casey Nickel
Casey Nickel
Dustin J. Miller
Dustin J. Miller
Brad C. Epperly
Brad C. Epperly

This Week:

The second session of the 90th General Assembly convened at 10:00 am on January 8th. The first day of the session included opening speeches from leadership in both the majority and minority party, highlighting their goals and priorities for the upcoming session.

During his opening comments, Senate Majority Leader Jack Whitver highlighted the state's economic stability and indicated the caucuses' goal to further reduce taxes. "Last month the REC evaluated Iowa's economic status and the condition of the state budget and determined our state was experiencing organic growth. This growth is leading to revenues higher than expected, even with the largest income tax cut in Iowa history, the elimination of the tax on retirement income, the phasing out of the inheritance tax and a reduction in the income tax on Iowa businesses... In one sentence, here's the plan: cut taxes, control spending, reform government, and let Iowans be great."

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