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STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

It looks like Florida may see more than just the sun shining in the next four years. According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

Notably, Babcock’s solar power is a cooperative venture with Florida Power & Light (FPL), the statewide utility that has historically relied on natural gas, coal, oil, and nuclear power to generate electricity for roughly 4.9 Solar trees at Florida's Babcock Ranch, where sustainability is built into the infrastructure.

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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

Also, owning land usually requires the builder to utilize debt capital, which reduces operating cash and can constrain a builder’s ability to invest in new communities in desired markets, all while increasing risks to investors. . Reducing Land Risk.

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California is Rolling in Dough

Buisness Facilities Contributed Content

California (along with Florida and Nevada) was hit harder than anywhere else in the U.S. Mike Pence proposed using any surplus to pay for a 10 percent cut in state income taxes; the Legislature is opting for a 5 percent tax cut and setting aside the rest for other purposes. What a difference three years makes. Far West U.S. Plains U.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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HBI President Ed Brady’s Call to Action to Solve the Construction Industry’s Labor Shortage

Pro Builder

It is one of the greatest challenges right now in our industry,” said Fowke, a Florida custom builder. And then we have to really go out and educate young people in this country that [construction] is a good career path, as opposed to going to college and coming out with a lot of student loan debt. Economy Humming.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

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