Double-Exempt Securities

The following is a listing of bonds issued by the State of Iowa and its political subdivisions, interest on which is exempt from both Federal and state income taxes. This listing is not intended to be all-inclusive.

  1. Board of Regents: Iowa Code sections 262.41, 262.51, 262.60, 262A.8, and 263A.6.
  2. Urban Renewal: Iowa Code section 403.9(2).
  3. Municipal Housing Law – Low income housing: Iowa Code section 403A.12.
  4. Subdistricts of soil conservation districts, revenue bonds: Iowa Code section 161A.22.
  5. Aviation authorities, revenue bonds: Iowa Code section 330A.16.
  6. Rural water districts: Bonds and notes issued under Iowa Code section 357A.15.
  7. Iowa Alcoholic Beverage Control Act – Warehouse project: Iowa Code section 123.159.
  8. County Health Center: Iowa Code section 331.441(2)(c)(7).
  9. Iowa Finance Authority, Sewage treatment and drinking water facilities financing: Iowa Code section 16.131(6).
  10. Agricultural Development Authority, Beginning farmer loan program: Iowa Code section 175.17.
  11. Iowa Finance Authority, Iowa comprehensive petroleum underground storage tank fund: Iowa Code section 455G.6(14).
  12. Iowa Finance Authority, E911 Program notes and bonds: Iowa Code section 34A.20(6).
  13. Quad Cities Interstate Metropolitan Authority Bonds: Iowa Code section 28A.24.
  14. Iowa Finance Authority, Municipal Investment Recovery Program: Iowa Code section 16.173(4).
  15. Prison Infrastructure Revenue Bonds: Iowa Code section 16.177(8).
  16. Government Flood Damage Program Bonds: Iowa Code section 16.183(4).
  17. Iowa sewage treatment bonds: Iowa Code section 16.131(6).
  18. Community college residence halls and dormitories bonds: Iowa Code section 260C.61.
  19. Community college bond program bonds: Iowa Code section 260C.71(6).
  20. Regents institutions medical and hospital buildings at University of Iowa bonds: Iowa Code section 263A.6.
  21. Interstate bridges bonds: Iowa Code section 313A.36.
  22. Iowa higher education loan authority: Obligations issued by the authority on or after July 1, 2000, pursuant to either division of Iowa Code chapter 261A as authorized in Iowa Code section 261A.27.
  23. Vision Iowa program: Bonds issued on or after July 1, 2000, upon request of the Vision Iowa board pursuant to subsection 8 of Iowa Code section 12.71.