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North Dakota Incentives and Workforce Development Guide

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Agriculture Partnership in Assisting Community Expansion (Ag PACE): This program has been established to buy down the interest rate on loans to farmers who are investing in other nontraditional agriculture activities to supplement farm income. The total buy down amount per borrower may not exceed $20,000 per project or biennium.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

Income 108
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STATE INCENTIVES GUIDE

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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
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Cover Story: Global Biotech Report

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The organization is a not-for-profit partnership between the University of Manchester, Salford Royal NHS Foundation Trust and Salford Clinical Commissioning Group. percent tax rate for patent income). The company will lease a 28,000-square-foot office, lab and manufacturing space in Philadelphia.

Georgia 68
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COVER STORY: Editors’ Location Picks

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The Little Rock National Airport is operated by the Airport Commission, whose members are appointed by the Little Rock City Board of Directors. By 2017, the plant is expected to churn out between 40 and 50 planes per year. The company will continue to maintain a presence at their Norwood location until their final lease ends in 2013.

Omaha 76
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Cover Story: New Energy Powers Growth

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be constructed at no net cost to the company’s customers and will help stabilize electric rates over the long term by providing a rate reduction totaling $10 million per year by 2017, commencing with a $3.3 The company estimates the line will be in service in 2017, with construction beginning next year in O’Brien County.