Gov. Kim Reynolds signs law allowing $1.4B in tax incentives for steel mill project

By: Robin Opsahl

Outlets: Iowa Capital Dispatch

Published: October 3, 2026

Words: 3,626

Last Updated: 2 weeks ago

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Gov. Kim Reynolds signed into law Friday a measure changing a state’s economic development program that could provide nearly $1.4 billion in tax incentives for a $15 billion steel mill project planned in southeast Iowa.

“Today, we advance the most consequential economic development project ever to come to our state,” Reynolds said.

The governor signed House File 2801 just …

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