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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
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COVER STORY: Editors’ Location Picks

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Two of the leading employers, UPMC and West Penn Allegheny Health System, together account for more than 50,000 jobs. The system provides a 448-mile navigation channel for barge traffic from the Mississippi River northwest to fifteen miles east of Tulsa, Oklahoma. (Source: Fortune; last updated: May 7, 2012.). Pittsburgh, PA.

Omaha 76
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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability. The project is expected to create 75 new jobs.

El Paso 106