Buisness Facilities Contributed Content

MARCH 9, 2016

The Governor’s University Research Initiative (GURI): The Governor’s University Research Initiative (GURI) was enacted in 2015 by the 84th Legislature with a goal to bring the best and brightest distinguished researchers in the world to Texas. The bill also amends the margin calculation accordingly for equity.

Texas 40

Texas Finance Electrical Products 40

Buisness Facilities Contributed Content

APRIL 15, 2014

Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 The Alabama Economic Development Loan Program is used to work with commercial lenders for projects in non-entitlement communities. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

JUNE 5, 2014

Our itinerary includes the new Biosciences Training Center, now under construction in Georgia, and a look at the Life Sciences Greenhouses in Pennsylvania, which nurture the seedlings of innovation until they’re ready to blossom into commercial use. percent tax rate for patent income). One example is GlaxoSmithKline.

Georgia 68

Georgia Pennsylvania Innovation Industrial 68

Buisness Facilities Contributed Content

MARCH 8, 2016

For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility.

New Mexico 40

New Mexico Compensation Income Railroad 40

Buisness Facilities Contributed Content

JULY 11, 2014

Qualified jobs must be occupied for at least 48 weeks by the employee and: Pay at least $28,000/year in a community with a population of less than 40,000 for jobs created prior to June 30, 2015 or $40,000/year for jobs created after July 1, 2015. Five-Year Policy Changes: Year. Apportionment. Double-Weighted Sales. Single Sales Factor.

New Mexico 40

New Mexico Compensation Income Finance 40

Buisness Facilities Contributed Content

MARCH 8, 2016

Commercial District Revolving Loan Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. Borrowers must have at least a 10% equity interest in the project or business. 10% Borrower Equity.

New York 40

New York Finance Products Commercial 40