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Location Focus: Florida – Rebounded And Ready

Business Facilities

The largest in Florida history, it provides tax cuts and reduced fees as well as allocations for further business development. In addition to adding new money to public schools, state colleges and universities, the budget includes $20 million for Enterprise Florida Inc., $19 The proof is in the relocations. percent from last year.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

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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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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Alabama Industrial Development Training (AIDT); Enterprise Florida. business experience. WyoRECs™ Renewable Energy Credit Discount Program. With support from Gov.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

Thanks in part to its pro-business policies, strong workforce and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing. So while the talent base in Florida is strong today, tomorrow’s workforce looks even brighter. BRIDG, the world’s first industry-led smart sensor consortium, in Central Florida.

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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

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Industry Focus: Aerospace Sector Is Flying High Again

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The top states, in descending order, are: California, Washington, Texas, Florida, Arizona, Connecticut and Kansas. billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 FROM DREAM TO REALITY IN FLORIDA.

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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.

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