Buisness Facilities Contributed Content

MARCH 9, 2016

Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. A negotiated FILOT could lower the assessment ratio from 10.5%

South Carolina 40

South Carolina Income Liability Leases 40

Buisness Facilities Contributed Content

JULY 11, 2014

Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. A negotiated FILOT could lower the assessment ratio from 10.5%

South Carolina 40

South Carolina Income Liability Finance 40

Buisness Facilities Contributed Content

APRIL 15, 2014

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. WORKFORCE DEVELOPMENT .

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. Services are provided at no cost to employers or trainees.

Income 75

Income Finance Zoning Equipment 75