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New Mexico Incentives and Workforce Development Guide

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Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. Qualified employees: .

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New Mexico Incentives and Workforce Development Guide

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The credit can be applied to the state portion of the gross receipts tax, compensating tax and withholding tax. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted. Any excess credit will be refunded to the taxpayer. Eligible Uses.

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Workforce Training: Engineering A Skilled Workforce

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In March 2016, McAuliffe signed into law measures that establish a workforce training program targeted to increase specific industry certifications and occupational licenses that meet the needs of businesses in each region of the state. million for a veterans’ portal to strengthen outreach to this key population.

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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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Shovel-Ready Sites: Ready To Hit The Ground Running

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are implementing site certification programs that give available sites a shovel ready designation—meaning that the site is primed and ready for economic development. To achieve certification, sites go through a rigorous review process. States across the U.S. The outcome?

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