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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. 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. Bond proceeds cannot be used for working capital or inventory.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75