Iowa § 15.522 - 15.522 Eligible businesses and sectors.
Full text of Iowa Iowa Code § 15.522 — 15.522 Eligible businesses and sectors., with citation guidance and answers to common questions.
§ 15.522. 15.522 Eligible businesses and sectors.
1. The tax credit available pursuant to this part shall be available only to a business primarily engaged in any of the following: a. Advanced manufacturing. b. Bioscience. c. Insurance and finance. d. Technology and innovation. 2. For a business described in subsection 1, the sectors available for the credit may include the following: a. Second-generation food innovation. b. Food ingredients and supplements. c. Crop protection. d. Hybrid seed technologies. e. Diagnostic analytics and immunotherapies. f. Chip technologies and microelectronics. g. Medical equipment and supplies. h. Software and technology. i. Aerospace. j. Pharmaceuticals. k. Consumer products. l. Any additional sectors included by the authority by rule. 3. A business that shall not be considered to be engaged in advanced manufacturing, bioscience, insurance and finance, or technology and innovation under subsection 1, and thus is not eligible for the credit, includes but is not limited to all of the following: a. A business engaged in agriculture production as defined in section 423.1. b. A business that is a contractor, subcontractor, builder, or a contractor-retailer that engages in commercial and residential repair and installation, including but not limited to heating or cooling installation and repair, plumbing and pipe fitting, security system installation, and electrical installation and repair. For purposes of this paragraph, “contractor-retailer” means a business that makes frequent retail sales to the public or to other contractors and that also engages in the performance of construction contracts. c. A finance or investment company. d. A retailer. e. A wholesaler. f. A transportation company. g. An ethanol biorefinery. h. An agricultural cooperative association as defined in section 502.102. i. A real estate company. j. A collection agency. k. An accountant. l. An architect. m. A publisher. 2025 Acts, ch 136, §110, 118 Referred to in §15.523 NEW section Wed Dec 10 22:04:53 2025 Iowa Code 2026, Section 15.522 (4, 4)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 15.522
What does Iowa Code § 15.522 cover?
Section 15.522 ("15.522 Eligible businesses and sectors.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 15.522?
A common citation format is "Iowa Code § 15.522" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 15.522 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.