article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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
article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Trainees must be guaranteed full-time employment upon successful completion of the training program. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. The income tax credit earned may be used to offset 50 percent of the investor’s Arkansas income tax liability in any one tax year.

Indiana 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75
article thumbnail

Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Small Employer Quality Jobs Program: Provides incentive payments to a qualifying small employer. Debt issued from the Economic Development Pool may be paid from withholdings taxes, and other revenue, at the for-profit entity benefitted by the financing. AND Employ at least 100 full-time employees.