Gov. Branstad to sign tax cut bill

DES MOINES (AP) — Gov. Terry Branstad will sign legislation designed to reduce commercial property taxes in Iowa. Branstad announced Wednesday that he will sign the bill into law on June 12 in Hiawatha. The compromise legislation passed by the Iowa Legislature will reduce taxable assessments for commercial properties, as well as offer tax credits geared at small businesses. The plan also limits the amount that ...