Iowa Legislature expands MEGA program, creating path for steel plant incentive

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Oct 5 • 3:10 PM EDT

Iowa Legislature expands MEGA program, creating path for steel plant incentive

During a special session on Friday, the Iowa Legislature expanded the Major Economic Growth Attraction (MEGA) program, paving the way for a tax incentive for Mesabi Metallics to construct a steel plant in Lee County. Gov. Kim Reynolds signed the bill into law on Friday. The MEGA program, administered through the Iowa Economic Development Authority,…

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