DES MOINES, Iowa--Republicans are taking a swing at Democratic gubernatorial candidate Jack Hatch saying he mixed his legislative work with his personal business interests.
The chair of the Iowa Republican Party is accusing Jack Hatch of shelving a bill that would have reduced low-income tax credits for developers.
The bill, Senate File 95, was introduced during the 2013 legislative session and assigned to a subcommittee chaired by Sen. Hatch.
“Sen. Hatch decided he was not going to call a subcommittee, so you have a bill that if that bill passes he would probably lose millions of dollars or undoubtedly lose a significant amount of money and he never even calls a subcommittee,” says Iowa Republican Party Chair Jeff Kaufmann.
Hatch's development company has built several properties across the metro some of which have qualified for low-income tax credits.
Hatch has rejected complaints his involvement with Senate File 95 was a conflict interest and says it was simply part of the legislative process.
Hatch spokesman John Hedgecoth said in a statement, “There are hundreds of bills that come before the Legislature every year proposed by the minority and nothing happens to those bills and this appears to be one of those."
The Republican Party says voters should be able to decide for themselves and to do that Sen. Hatch should release additional tax returns.
“Do what your campaign staff promised you would do and release four more years of your income tax, if you release that all the questions will be answered,” says Kaufmann.
Hatch made his 2013 state and federal tax returns public in April and says releasing one year of returns has been the practice for all other gubernatorial candidates.
Hatch's campaign labeled the tax credit issue a false attack.
Hatch spokesman John Hedgecoth said, “There are hundreds of bills that come before the Legislature every year proposed by the minority and nothing happens to those bills and this appears to be one of those.”
Hatch's use of the state tax credits did not violate any laws. The tax credits are also used by other developers around the state.