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H&A Public Incentive Legislation Update

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The Alabama legislature had a very active 2012 session in terms of economic development initiatives. Understanding the competitive economic climate, legislatures across the country continue to propose new legislation to compete in today’s tenuous economic environment.

Alabama 40
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State by State Incentives Guide

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ALABAMA - updated for 2014. Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office.

Income 108
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FEATURE STORY: 2013 Economic Development Awards

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They operate three industrial parks in Oswego County—the Oswego County Industrial Park in Schroeppel, the Airport Industrial Park in Volney and the Lake Ontario Industrial Park in the city of Oswego—with other sites currently being studied for potential business parks. 68; it is administered through El Paso International Airport.

El Paso 106
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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: Editors’ Location Picks

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a Miramar managed services provider to small businesses; and Blue Frog Solutions in Pompano Beach, a leading provider of middleware solutions for life insurance carriers, underwriters and their distributors and agents. 1,608 m) long and was deemed unsuitable for the increasing amount of air traffic coming into the airport.

Omaha 76