article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Connecticut-based Turbine Controls, Inc. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

El Paso 106
article thumbnail

Packing and Leaving

Business Facilities

In the months after the December 2012 atrocity, New York, Connecticut and Maryland enacted broad new bans on assault weapons. The natural gas industry says expanding this zone to 2,000 feet would amount to a complete fracking ban in many areas in CO. Delaware passed a law requiring universal background checks.

Tampa 50
article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Shovel Ready Silver builds upon those attributes by maintaining documentation that is less than one year old and having proper zoning and infrastructure built to the property. The income tax credit/credits issued under this program are equal to 33-1/3 percent of the amount invested by an investor in an eligible business.

Indiana 40
article thumbnail

Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

The top states, in descending order, are: California, Washington, Texas, Florida, Arizona, Connecticut and Kansas. billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 Acadiana is home to PHI, Inc.,