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Home » Public Policy » Legislative Action and Information » 2011 Legislative Session Summary » Economic Growth » Fund of Funds

Fund of Funds

Bill # HF 666
Bill Name Fund of Funds
House Action Passed 58-39
Senate Action No Action
Final Action

None
Details
Will increase the Iowa fund of funds contingent tax credits from $60 million to $125 million to spur venture capital investment in Iowa.  Since the fund was created in 2001, no contingent tax credit has ever been issued, allowing the state to leverage private investment.

 
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