Scored 6/10 on whether it helps or hurts everyday people.
The Monument Donations Bill
Iowa proposes tax credit for monument donations
A bill for an act creating a Caitlin Clark and Lisa Bluder monument tax credit and fund available against the individual and corporate income taxes, the franchise tax, the insurance premiums tax, and the moneys and credits tax.
Mixed: some good, some bad ·
If passed, people who donate to the monument fund could get a 25% tax credit on their Iowa taxes.
Our take
What we think, in plain words.
The bill would let donors lower their state tax bill by a quarter of what they give, but it also cuts state revenue. It caps the total credit at $1 million, so only a few donors will benefit. Iowa taxpayers could see a small rise in other taxes to make up the loss.
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The facts
What the bill actually says, no spin.
- The credit equals 25% of a donation to the monument fund.
- The credit cannot be taken as a deduction on income tax.
- Total credits are limited to $1 million and 5% per person.
- Unused credits can be carried forward up to five years.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Iowa Bill Book 2026
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