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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The rates range from $.25 25 to $1.75 for each $1,000 of net worth in Alabama.

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Packing and Leaving

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In the months after the December 2012 atrocity, New York, Connecticut and Maryland enacted broad new bans on assault weapons. In the wake of the Sandy Hook school massacre in Newtown, CN, several states moved to toughen their gun regulations. Delaware passed a law requiring universal background checks.

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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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FEATURE STORY: 2013 Economic Development Awards

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Connecticut-based Turbine Controls, Inc. They utilize community listening posts that included all of the major employers to discuss health care demands and anticipated impacts of changes to health care and insurance requirements. TCI) announced it is undertaking a $1.5-million million expansion in Miramar, creating 60 jobs.

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