Proposed Tax breaks for flood victims

Lawmakers propose tax breaks for flood victims
The Associated Press

DES MOINES - A Democratic state senator wants the state to grant a one-year hiatus in property tax collections to regions hammered by this year's record flooding.And, a key Republican leader wants to push the plan even further.Sen. Tom Courtney, D-Burlington, advocates giving flood victims a break from property taxes for a year.Senate Republican Leader Ron Wieck, of Sioux City, suggests that the state's sales tax also be suspended for the rest of the year. He says that would make it easier for residents to purchase materials needed for flood repair.Any changes would be proposed as part of a package the Legislature could consider during a special session in September that's looking increasingly likely.