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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. The new law builds on Christie’s commitment to revitalizing New Jersey’s cities. headquarters.

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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. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

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Non-Thai investors are permitted to hire foreign experts and technicians and also may qualify for land ownership rights if they would prefer not to lease office space. The BOI has divided Thailand into three zones each with a different incentive package to accelerate development in disadvantaged regions.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area. Last year, CA Gov.

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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. ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The program ends December 2016.

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BUSINESS REPORT: Tennessee Initiates Site Certification Program

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A clear path to acquiring or leasing the property must be identified and documented. Similarly, information about the site such as its zoning, surrounding land uses, previous uses, and proximity to the flood plain are all information important to establishing and communicating the character and condition of the site to a prospect.”.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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Shovel Ready Silver certified sites means that its documentation is less than one year old and has proper zoning and infrastructure built to the property. The program requires that the designated sites go through a rigorous checkless to ensure they have all the necessary infrastructure, zoning and other characteristics needed for development.

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