article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

With his signature on the Economic Opportunity Act of 2013, Gov. It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. Laurel, NJ.

Zoning 47
article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

billion project that has earned our 2013 Economic Development Deal of the Year Gold Award. Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site.

Deals 107
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BUSINESS REPORT: New California Incentives Offer Credits For Job Creation

Buisness Facilities Contributed Content

From the September/October 2013 issue. California is considered by critics as one of the hardest states in which to grow a business, given its high individual and corporate income tax rates, high sales tax, and conflicting regulations. The San Diego Enterprise Zone, which ended Dec. Long Beach Community College.

article thumbnail

Wisconsin Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Business Development Tax Credit: Provides refundable income tax credits that can be earned based on jobs, capital investment, training and the location or retention of corporate headquarters. Historic Preservation Tax Credit: State income tax credit for 20% of the qualified rehabilitation expenditures for eligible buildings.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

From the March/April 2013 issue. And now, without further ado, here are the winners of our 2013 Economic Development Awards. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. By Business Facilities Staff.

El Paso 106
article thumbnail

Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oklahoma Local Development & Enterprise Zone Incentive Leverage Act (62 O.S. § 840): Provides funding for local units of government to match local tax revenue dedicated to support a project located in an enterprise zone, in support of a major tourism destination or in support of a military growth impact. 632): The U.S.

article thumbnail

North Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Foreign Trade Zones (FTZ): Neutral, secured areas legally outside of the U.S. On July 23, 2013, Governor Pat McCrory signed new tax reform legislation into law. Income tax rates for all taxpayers will be lowered to a uniform rate of 5.8% The corporate income tax will be reduced to 6% in 2014 and 5% in 2015.