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Policy Promotion


The filing deadline for federal tax returns has been extended from April 15 to July 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible.  https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020

Iowa has extended the filing date for several individual and corporate income tax forms that are due on or after March 19, 2020, and before July 31, 2020. The deadline is extended to July 31, 2020. The extension applies to the filing of the tax forms and also the payment of any tax due in association with the filing of the following forms:  IA 1040 (Individual Income Tax Return), IA 1040C (Composite Return) IA 1041 (Fiduciary Return).  Other forms and additional information can be found at: https://tax.iowa.gov/iowa-extend-filing-and-payment-deadline-income-tax-and-other-tax-types

On the afternoon of March 23, Nebraska Governor Pete Ricketts announced a delayed filing deadline that is the same as the federal date – July 15.

Iowa Department of Public Health website - https://idph.iowa.gov/emerging-health-issues/novel-coronavirus?eType=EmailBlastContent&eId=5eeb205f-a2a9-4c4f-910a-f93de9bbd78c

The legislature convened on March 16 and adjourned until it is safe for large groups to gather again.  As a precautionary measure, they passed an appropriations bill that will continue to provide funding for all state activities at the existing level for two months into the next fiscal year (July and August).  They authorized the governor to use up to $20 million from the Economy Emergency Fund to meet any critical needs, and authorized the Executive Council (the Governor, Secretary of State, Secretary of Agriculture, Auditor, and Treasurer) to draw from all of the Economic Emergency Fund - about $196 million, if needed.  Some reallocations of existing appropriations are authorized with notice to the chairs of the relevant appropriations committees.





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