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Gov. Branstad Signs Home Base Iowa Bill
JOHNSTON, IA (CBS 2/FOX 28) -- Using the backdrop of Memorial Day, Governor Terry Branstad traveled to the Iowa Gold Star Museum at Camp Dodge in Johnston to sign the Home Base Iowa Bill into law.
The measured, passed by state lawmakers earlier this year, is a first-of-its-kind program developed to honor veterans by recruiting them for private sector jobs in Iowa.
Our bipartisan Home Base Iowa plan will work to match veterans with high-paying careers in Iowa, said Branstad. These men and women have fought for our country, and acquired unique skillsets and training in the military. Now, with the Home Base Iowa plan signed into law, Iowa stands ready to welcome them to our communities and match them with the quality jobs across the state.
The bill fully exempts military pensions from state income tax, putting Iowa on more equal footing with states such as Florida and Texas, and our Midwestern neighbors such as Illinois, Kansas, Michigan, Missouri, Ohio, South Dakota and Wisconsin. In addition, the bill fully exempts military survivor benefits from state income tax.
Iowas licensing boards will adopt rules allowing credit for military training and experience in the licensing process.
Allows private-sector companies to follow the public sectors lead by allowing a preference in hiring and promoting veterans.
Eliminates the special plate issuance fees charged for plates associated with military service.
Expands eligibility for the Military Homeownership Assistance Program, which provides $5,000 in down payment and closing cost assistance. Additional funding for the program is provided in a separate appropriations bill.