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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: 2012 Economic Development Deal of the Year Awards

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Our judging panel, including leading site selection consultants, evaluates the overall impact of the project and assesses the effectiveness and innovation of the location’s approach to landing the deal. Baxter announced its decision in April and by August 1 ground was already broken on a 1-million- plus-square-foot facility,” he said.

Deals 85
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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

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Timber HP | Madison, Maine TimberHP manufactures loose fill, batt, and continuous board insulation from waste wood chips leftover from the production of lumber, boards, and sheathing; they also use woody debris removed from forests to improve tree growth and can even use wood scraps that pile up on construction sites.