Branstad Seeks 10 Year Phase In Of Property Tax Break
Gov. Terry Branstad proposes a major property tax cut for business machinery and equipment phased in over ten years. The plan would initially reimburse local governments for 90 percent of lost revenue and gradually decline, with state funds temporary. David Lyons says the plan is a partnership between business and local officials, who expect budget shocks if phased or repealed quickly.
MENTIONED IN THIS ARTICLE
DES Moines
Terry Branstad
David Lyons
Branstad
Department of Economic Development
Lyons
Interest lags on big Powerball jackpot during holidays
Des Moines AP reports the $70 million Powerball prize, third largest, may not draw big crowds as holiday shopping dominates. Lottery officials note sales dip, with about 25 million tickets expected for the drawing and a 36 percent coverage of combos leaving a chance the jackpot climbs to at least $90 million next Wednesday.
MENTIONED IN THIS ARTICLE
Des Moines
Chuck Strutt
Strutt
One-vote victory in Hardin County attorney race
Eldora lawyer Richard Dunn defeated incumbent James Beres by one vote after a three-member panel reviewed six disputed ballots in the Hardin County attorney recount. Final tally 3 674 to 3 673. Beres has 20 days to decide on contest. Dunn is Republican.
MENTIONED IN THIS ARTICLE
Eldora
Hardin County
Richard Dunn
James Beres
Dunn
Beres
Renee McClellan
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