Policy Issues - Iowa Chamber Alliance

Policy Issues

The Iowa Chamber Alliance is the leading voice for promoting economic growth policies and initiatives in Iowa. The coalition is comprised of the sixteen largest Chambers of Commerce and economic development organizations in Iowa. Each year the Alliance advocates for policy proposals focused on growing and strengthening Iowa’s economy.

For the 2019 legislative session, the Iowa Chamber Alliance is not only focused on economic growth, but as central to that growth, sees the need for Iowa to attract people to our state and to ensure Iowans already here become life-long Iowans. There is no single policy that is a “silver bullet” for Iowa’s long-standing slow population growth. Instead, whether a policy change may be additive toward the goal of growing Iowa’s population will be part of our policy evaluation rubric.

The Alliance maintains its commitment to improving Iowa’s business climate through improvement of its tax code. The changes made in 2018 were significant and positive, yet work remains to be done with making Iowa’s corporate income tax rates more competitive. Thanks to the elimination of federal deductibility, Iowa no longer has the very highest corporate income tax rates in the country, though we are still near the top – an obstacle in attracting investment. Further, the growth in property taxes paid by Iowa’s businesses are outpacing economic growth. Reforms to Iowa’s cumbersome property tax system will help position Iowa for long-term economic growth.

Continued efforts to reform Iowa’s income tax code and property taxes, development of strategies to grow Iowa’s population, implementation of strategies to enhance our workforce, and the advancement of economic development programs and policies stand as the Alliance’s top priorities for 2019.

The Alliance will also be actively advocating for policy proposals that are aimed at positioning Iowa for long-term economic growth, including:

  • Smart and comprehensive investment in developing and retaining world-class talent and workforce through full funding of the Future Ready Iowa Initiative.
  • Strong fiscal prudence and spending restraint across all levels of government.
  • Support for high-quality K-12 education which prepares graduates with career ready skills or post-secondary education.
  • Long-term infrastructure planning and mindful allocation of resources to fund these critical, capital-intensive projects.
  • Predictable and responsive regulatory environment.

The Alliance respectfully presents this agenda to the Governor, Legislature and all Iowans for consideration in the 2019 legislative session. As various policy proposals aredeveloped and debated, the shared goal ought to be to grow Iowa’s economy in a waythat benefits all.

ICA 2019 State Policy Agenda

 

 

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