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Cover Story: New Energy Powers Growth

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states with service to all six Class I railroads, and offers more than 7,300 miles of oil pipeline and 11,200 miles of gas pipeline. Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program. So evolved is Louisiana’s pipeline infrastructure that the state’s No. times that of the Nos.

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State by State Incentives Guide

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For 2018 and thereafter, the tax credit rates will be 20% of the first $2.5 Railroad Spurs. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. million in qualifying expenses plus 15% of the qualifying expenses in excess of $2.5 TAX INCENTIVES.

Income 108
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STATE INCENTIVES GUIDE

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Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. HIGH IMPACT PERFORMANCE INCENTIVE GRANT (HIPI): A negotiated grant provided to pre-approved applicants in certain high-impact sectors designated by the Governor’s Office of Tourism, Trade and Economic Development (OTTED).

Income 75