Green Building Law Update

JULY 18, 2021

The State of Delaware and E. all “DuPont” related companies), businesses having operated in the State for more than 200 years, announced a sweeping settlement agreement last week. However, many legal commentators observing that President Biden having represented Delaware for 36 years in the U.S. and Corteva, Inc.

Delaware 156

Delaware Claims Equity Agreement 156

Buisness Facilities Contributed Content

APRIL 15, 2014

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

MARCH 8, 2016

Financial institutions must enter into a Capital Access Program Lender Agreement with Empire State Development before enrolling loans. Borrowers must have at least a 10% equity interest in the project or business. 10% Borrower Equity. The maximum award is a $50,000 grant. Typical financing structure: 50% Bank Loan. 40% JDA Loan.

New York 40

New York Finance Products Commercial 40