This bill amends the existing law regarding the targeted jobs withholding credit pilot project by extending the deadline for entering into withholding agreements. Specifically, it changes the deadline from June 30, 2027, to June 30, 2030.
The amendment is found in Section 403.19A, subsection 3, paragraph c, subparagraph (2) of the Code 2026, where the previous date is deleted and replaced with the new date. This extension aims to provide additional time for pilot project cities and the economic development authority to finalize their agreements.
Statutes affected: Introduced: 403.19A