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Feature Story: 2016 Economic Development Awards

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The $600-million Institute already is well on its way to establishing the region as a national hub for producing next generation integrated photonics, a light science with the potential to transform communications, medicine and national defense, and could create thousands of jobs. Andrew Cuomo. ACHIEVEMENT IN WORKFORCE TRAINING.

Indiana 40
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State by State Incentives Guide

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Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

Income 108
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STATE INCENTIVES GUIDE

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FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

Income 75