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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

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STATE FOCUS: Florida – Let The Sun Shine

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percent by 2016—the fastest rate since 2006. Navy Federal Credit Union. Florida’s thriving financial and professional services industry is getting a boost from Navy Federal Credit Union, Verizon, Deutsche Bank and DTCC. Less Taxing” since there is no state income tax. RECENT MAJOR FLORIDA PROJECT ANNOUNCEMENTS.

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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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Global Growth Surge in Southwest Louisiana

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The Director of Economic Development, Frank Fink will serve as the Parish guide to finding the right site, work through Zoning and Permitting issues and provide a complete set of regional demographic data and interpretation. The municipal airport offers 100 acres of light industrial zoned land and is just off the 4-lane highway in Patterson.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. The largest single capital investment commitment for a TEF project in Texas is a multi-year refinery expansion by Motiva that began in 2006. The Foreign-Trade Zone Program adds to Port Freeport’s appeal.

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State Focus: New Mexico – Welcoming the World

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Martinez enacted a single sales factor, reduced New Mexico’s corporate income tax by 22 percent, from 7.6 This is New Mexico’s strongest job growth since 2006. In addition to the diesel fuel tax exemption that prompted Union Pacific to locate in New Mexico, Gov. Martinez, Secretary Barela and local leaders in Clovis.”.