Politics· States Newsroom

Iowa lawmakers approve bill allowing $1.4B in tax incentives for steel mill project

States Newsroom · October 3, 2026

Iowa lawmakers sent Gov. Kim Reynolds a bill Friday changing a state’s economic development program that could provide nearly $1.4 billion in tax incentives for a $15 billion steel mill project planned in southeast Iowa. Lawmakers called it the largest economic development deal in the state’s history. The Iowa House…

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Iowa lawmakers approve bill allowing $1.4B in tax incentives for steel mill project

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