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State by State Incentives Guide

Buisness Facilities Contributed Content

Through December 31, 2020, the maximum credit is $5,000,000 for each tax year across all tax types. For tax years after December 31, 2020, the credit will be capped at $150,000. Through December 31, 2020, the maximum credit is $5,000,000 for each tax year across all tax types. 97% increase in personal property tax exemption.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. Funds cannot be used for debt refinancing or contingency funding.

Income 75