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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. Bond proceeds cannot be used for working capital or inventory. No personal property or inventory taxes. Real property taxes are among the lowest in the country.

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