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Field of Dreams tax rebate headed to governor's desk

Apr. 4, 2012 2:45 pm
A sales tax rebate for a $38 million investment in a Field of Dreams baseball complex in northeast Iowa is headed for home.
The Iowa House approved a 5 percent state sale tax rebate to the developers of a baseball complex at the iconic Field of Dreams site near Dyersville in exchange for the $38 million investment that is projected to attract $40 million in economic activity and 60,000 out-of-state visitors each year.
“His is definitely a jobs bill in my mind,” said floor manager Rep. Steve Lukan, R-New Vienna, before the House voted 53-41 and sent Senate File 2329 to the governor. The developers estimate there will be 900 jobs – many part-time – at the complex of 24 baseball and softball diamonds, an indoor training facility and lodging that would draw teams from all around to compete in major tournaments.
The Senate voted 34-14 April 3 to approved the bill, which is designed to provide a tax rebate of up to $16.5 million to the owners of Eastern Iowa cornfields made famous by the movie “Field of Dreams.”
The Field of Dreams Moive Site near Dyersville. Shot on August 24, 2010. (Cliff Jette/The Gazette)