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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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million-square-foot building located on 83 acres near Phoenix-Mesa Gateway Airport. Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” All told, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $146.5 manufacturing.”

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State by State Incentives Guide

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Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT .

Income 108
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STATE INCENTIVES GUIDE

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FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

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