Iowa Taxpayer Relief Fund: A Model for Taxpayer-First Governance  - Americans for Tax Reform

Iowa Taxpayer Relief Fund: A Model for Taxpayer-First Governance  - Americans for Tax Reform

Prudent governance that puts taxpayers first embodies sound fiscal policy. Policymakers looking to turn excess revenue into long-term tax relief should look to Iowa and its Taxpayer Relief Fund (TRF) for a potential solution.   The TRF is a constitutionally protected account that captures surplus revenue and reserves it for tax relief. Originally created in 2011 as the “Taxpayer Trust Fund,” it was reformed in 2018 to become the TRF and give leg…