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Iowa Expands Tax Credit Program

Iowa's existing tax credit program for donations to Scholarship Tuition Organizations (STOs) has been expanded with Governor Chet Culver's signature.

Iowa’s existing tax credit program for donations to Scholarship Tuition Organizations (STOs) has been expanded with Governor Chet Culver’s signature. The previous cap of $5 million in total statewide donations has been raised to $7.5 million. In addition, donors can now give stocks and other non-cash items to STOs.

For more information about this and other tax credit programs in the nation, click here.