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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

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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.

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Industry Focus: Aerospace Sector Is Flying High Again

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The top states, in descending order, are: California, Washington, Texas, Florida, Arizona, Connecticut and Kansas. billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 Acadiana is home to PHI, Inc.,

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FEATURE STORY: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. The local economic development office for Rochester, NH led the Recruitment Team for the project, and persevered during a two year selection and negotiation process, managing a complex package of deliverables. Great Lakes U.S. -

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Cover Story: New Energy Powers Growth

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Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program. California and Arizona are well known solar states, but New Mexico’s and New Jersey’s solar industries have lit up with rapid growth in recent years. These three new projects amount to over $1.25 billion in project investment.