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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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From the January/February 2014 issue. Jan Brewer, with providing expertise on state policies and regulations that proved pivotal to Apple’s decision. The KOZ incentive program provides tax abatements for county and township property taxes, corporate net income taxes, and school taxes for a period of 10 years.

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Ports And FTZs: Enter With Less Risk

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It is here that Customs and Border Protection (CBP) enforces the import and export laws and regulations of the U.S. An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. billion in 2014, accounting for 12.1 made products overseas for export.

Risk 40
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State by State Incentives Guide

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ALABAMA - updated for 2014. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. To receive an abatement for property taxes, a project must meet certain qualifications and follow certain procedures, as determined by law and regulation.

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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.

Income 75
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Cover Story: New Energy Powers Growth

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From the March/April 2014 issue. The developer, Houston-based Clean Line Energy, is awaiting approval from regulators in Iowa and Illinois before going ahead with the direct current line. In 2013, 459,380 kilowatt (KW) hours were generated by wind farms in Nebraska, a number that is expected to reach 534,380 KW hours in 2014.

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

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. From a statistical perspective, one measure that illustrates how a community’s economic health is trending can be seen through tracking the area’s median income levels.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. In the Bluegrass State, companies announced 92 new-facility or expansion projects since the beginning of 2014, according to the Kentucky Cabinet for Economic Development. ALUMINUM GOES WHITE-HOT IN KY. The firm will spend $6.7