Remove 2008 Remove Debt Remove Liability Remove Railroad
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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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The GRAD program was first launched in 2008 under a public-private marketing partnership called Georgia Allies in order to enhance economic development opportunities for the state and develop a pool of available industrial sites. We also have one of the best balance sheets in the country with a very low debt burden.

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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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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Barstow is where an eclectic mix of railroad, military, high technology, and mining employers have located. Last year, CA Gov. million for Hesperia’s businesses.