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Construction Law: May 2024

Construction Law

Legislation state of play table Our regular update on the progress of regulations and legislation affecting construction and procurement compiled by Alignment Media. Arbitration Restructuring versus arbitral awards – will the debt survive?

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Inside these pages you’ll learn how to better manage the submittal process; make the most of field, logistics and maintenance report; examine if it’s smart to restructure debt, reinforce training so that it sticks, and more. Public Exposure and Liability on Construction Sites. General Management.

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State by State Incentives Guide

Buisness Facilities Contributed Content

To receive an abatement for property taxes, a project must meet certain qualifications and follow certain procedures, as determined by law and regulation. The credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

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