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Iowa Gov. Reynolds Calls Special Session for Steel Plant Tax Incentives
The proposal would support a $15 billion project expected to create 6,000 construction jobs and 1,750 permanent jobs, officials said.
- Governor Kim Reynolds called the Iowa Legislature to a special session on Friday, October 2, to pass tax incentives for a new $15 billion steel plant in southeast Iowa.
- President Donald Trump announced on Monday, September 28, that Mesabi Metallics plans to build the facility in Lee County to refine iron ore mined in northern Minnesota.
- Lawmakers will consider amending the Major Economic Growth Attraction program to increase tax credits to up to 10% of investment costs, amortized over 10 years.
- Once fully operational by 2030, the mill is projected to produce 10 million tons of steel annually while supporting 6,000 construction jobs and 1,750 permanent roles in Iowa.
- House Minority Leader Brian Meyer stated Democrats want to ensure the deal benefits taxpayers as the session convenes weeks before the November 3 midterm elections.
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21 Articles
21 Articles
Daily Gate City+2 Reposted by 2 other sources
Gov. Reynolds calls special session to amend MEGA program
DES MOINES— Gov. Kim Reynolds will convene the General Assembly of Iowa on Friday, Oct. 2, 2026, at 8:30 a.m., for a special session with the sole and singular purpose of enacting amendments to the state’s Major Economic Growth Attraction…
Iowa City Press-CitizenReposted by 
USA Today
USA TodayKim Reynolds calls special session to pass tax breaks for steel plant
·Iowa City, United States
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Waterloo Cedar Falls Courier+3 Reposted by 3 other sources
Iowa Gov. Reynolds calls special session for steel plant tax incentives
A planned steel plant in southeast Iowa appears in line for state tax incentives, as Gov. Kim Reynolds on Tuesday called for a special legislative session to amend the state’s
·Waterloo, United States
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Governor Reynolds calls lawmakers for special session after new steel plant announcement
Governor Kim Reynolds is calling state lawmakers back to Des Moines on Friday for a special session focused on the state’s future as the home of America’s largest-ever steel plant.
·Cedar Rapids, United States
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Total News Sources21
Leaning Left4Leaning Right0Center13Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
L 24%
C 76%
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