Tax Increment Financing in Iowa: Background, Research, and Recommendations

Abstract

This paper is a summary of the origins of Tax Increment Financing (TIF) and reforms to TIF based on economic and intergovernmental fiscal shifts during the 1980s. �Iowa's modern TIF law is, as a result, very widely and indescriminantly used, leading to a call for reform of the core legislative authority. �This paper is covers the testimony of David Swenson before the Iowa House Ways and Means subcommittee in February, 2012.