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State by State Incentives Guide

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Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life. The rates range from $.25

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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. 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.

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Cover Story: New Energy Powers Growth

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Since the onset of shale gas production, Pennsylvania businesses and homeowners have benefited from a 50 percent decline in natural gas prices and a corresponding 40 percent reduction in the cost of electricity. states with service to all six Class I railroads, and offers more than 7,300 miles of oil pipeline and 11,200 miles of gas pipeline.

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

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. Micron’s investment payback is estimated at less than two years, with approximately $120,000 ongoing annual savings in electricity.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. Pauken is the chairman of the Texas Workforce Commission. For companies requiring rail, Greenville can be accessed by virtually every major railroad line. to do business. billion, up 20.7 percent from $206.9

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Industry Focus: Food Processing – The Process Of Consistency

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Competitive electric costs, coupled with the convenience of responsive local utilities, have helped foster an environment where companies want to invest. Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. 1,677 miles of class 1 railroads.