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President Obama’s Promise Zones Initiative

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o Cutting Taxes for Businesses: Finally, President Obama has proposed, and called on Congress to act, to cut taxes on hiring and investment in areas designated as Promise Zones – based upon the proven model of Empowerment Zones tax credits – to attract businesses and create jobs.

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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

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o Cutting Taxes for Businesses: Finally, President Obama has proposed, and called on Congress to act, to cut taxes on hiring and investment in areas designated as Promise Zones – based upon the proven model of Empowerment Zones tax credits – to attract businesses and create jobs.

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STATE INCENTIVES GUIDE

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ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. ETP job training funds are available to all CA manufacturing companies, companies that face out-of-state competition and businesses that are expanding or relocating to California from other states or countries.

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