Buisness Facilities Contributed Content

JULY 3, 2013

In the midst of the Recession, nearly two-thirds of the 50 states were teetering on the edge of bankruptcy. Today, the picture is much brighter: besides California, at least seven other states (including Connecticut, Utah, Wisconsin and oil-rich North Dakota) are reporting surpluses. In Indiana, Gov. Far West U.S. Great Lakes U.S. -

California 51

California North Dakota Connecticut Wisconsin 51

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., The tax for existing entities accrues as of Jan.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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.

Income 75

Income Finance Zoning Equipment 75