Buisness Facilities Contributed Content

MAY 12, 2014

In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. Three Class I railroads (Norfolk Southern, Canadian Northern and the CSX) serve Decatur and are directly interconnected through a privately owned intermodal ramp as part of the Midwest Inland Port. Subsequently, the U.S.

Industrial 57

Industrial New Mexico Railroad Airports 57

Buisness Facilities Contributed Content

APRIL 15, 2014

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. Three of the nation’s 40 Renewal Community areas are in Alabama.

Income 75

Income Finance Zoning Equipment 75