Buisness Facilities Contributed Content

MAY 19, 2014

To attract new industries and accommodate the needs of expanding businesses, the local governments offer attractive and competitive incentive packages, including industrial revenue bond financing which allows for real and personal property tax abatements through PILOT agreements, and a variety of other tax credit and rebate programs.

Arkansas 47

Arkansas St. Louis Transportation Metro 47

Buisness Facilities Contributed Content

APRIL 15, 2014

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. In 2001 the MRZ designation was renewed for the former Williams Air Force Base, now known as Williams Gateway Airport. Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75

Income Finance Zoning Equipment 75