Gov. Reynolds signs tax reform bill


    Gov. Reynolds signing Iowa's new tax code into law in Hiawatha. (Photo: Nick Weig, CBS2/FOX28)

    Gov. Kim Reynolds has signed a massive tax bill that her administration will lower taxes for Iowans.

    The Iowa Senate passed the $2 billion plan in the last legislative session on a 28-20 party-line vote; the House followed suit hours later, approving the bill 54-32.


    Under the law, which will take effect July 1, will lower income taxes by nearly $400 million in 2019. The law is projected to cut taxes by $2 billion by 2024.


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