Iowa Code Title XV. Judicial Branch and Judicial Procedures [Chs. 595-686] § 634.7. Public grants by private foundations or trusts

A grant, by a trust organized and funded prior to January 1, 1992, to which this chapter applies, to the state of Iowa, or a political subdivision, or agency of the state or political subdivision, for purposes of economic development, shall be regarded as a charitable contribution if made prior to January 1, 1994.