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Feature Story: 2016 Economic Development Awards

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percent, the lowest since 2007, according to the Bureau of Labor Statistics. ACHIEVEMENT IN SITE CERTIFICATION. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp. To date, the program has certified 114 sites total including two gold and seven silver sites.

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State by State Incentives Guide

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If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

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STATE INCENTIVES GUIDE

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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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

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Rhode Island Incentives and Workforce Development Guide

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Deregulation of Commercial Lines: This law exempts qualified commercial insurance lines from specific state review requirements, including filing policy forms, casualty insurance rating requirements, and certificate of compliance requirements. Top Personal Income Tax Rate: Rhode Island’s top personal income tax rate is 5.99%.

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FEATURE STORY: 2013 Economic Development Awards

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In 2012, the Alliance visited 178 companies to assist with access to capital, workforce training opportunities, permitting issues and site location assistance. BCDC) was formed in 2007 to be the primary economic development catalyst for New Jersey’s largest city, Newark. Brick City Development Corp.

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