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Snapshots: 60 Seconds… With Bill Hagerty, Commissioner, Tennessee Department Of Economic And Community Development

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Since 2008, a dozen states have held a total of 30 statewide referendums proposing to expand gambling. To lure new high-tech ventures, Reno is emphasizing its proximity to Silicon Valley (the city is a four-hour drive from San Francisco) and the fact that Nevada has no corporate or inventory taxes. and around the world.

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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. The whole point is to have all of the reports and engineering work done in advance.”.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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Drilling activity, extraction and production in the shale have expanded rapidly since the first well was drilled in 2008. Freeport LNG Development LP is investing some $4 billion in expanding the liquefied natural gas facility opened as a receiving and regasification terminal by the Houston-based firm at Port Freeport in 2008.

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. The Georgia Allies started the program in 2008 in response to what other neighboring states have been doing,” said Croteau.

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State by State Incentives Guide

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Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. Railroad Spurs. No personal property or inventory taxes. That is, for property with a fair market value of $1 million, the assessed value would be $200,000. Sewer Lines, Sewage Treatment Facilities. TAX INCENTIVES.

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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

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