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State by State Incentives Guide

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Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The Research Program.

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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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Business Facilities’ 15th Annual Rankings: State Rankings Report

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Tennessee is proud to be a right-to-work state with no personal income tax on wages. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business.

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Feature Story: 2016 Economic Development Awards

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Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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FEATURE STORY: 2013 Economic Development Awards

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The Internet company received a $2-million incentive package (tied to job-creation commitments) for its relocation to the 100,000-square-foot office. The Back Office/Call Center effort involves the owners of the major office buildings and office parks in the city to do collaborative marketing and research.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

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The Arkansas River dissects the state from the northwest to the southeast, while the Mississippi River borders the state’s eastern edge. Ports along the Mississippi River are in Osceola, West Memphis and McGehee. Kiplinger’s Personal Finance ranked Little Rock no. 1 of America’s 10 Great Places to Live in August 2013.

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State Focus – Iowa: Growing Jobs As Well As Corn

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Eight core industry segments are more dominant than agriculture in terms of contributions to the state’s GDP, employment, or a combination of both, including: manufacturing, transportation, distribution, finance, insurance and real estate. Creating jobs and increasing family incomes for Iowans is my administration’s top priority,” said Gov.

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