Business Facilities

JULY 24, 2019

A state may have the largest installed capacity of a certain type of renewable energy, but that state won’t meet its renewable energy portfolio standard’s goal if only 10 percent of its electricity is generated from renewables. Bill Lee has cited TN’s business-friendly environment in several recent project announcements.

North Carolina 111

North Carolina San Antonio Louisiana Tennessee 111

Buisness Facilities Contributed Content

NOVEMBER 4, 2013

IOWA STARTS WITH MEGA SITES. Iowa’s program is one of the newest out there and is still under development. The Iowa Economic Development Authority (EDA) is currently working with McCallum Sweeney to build the program. “We The University of Iowa Research Park located in the city of Coralville (Photo: The University of Iowa).

Site 49

Site Iowa Tennessee Georgia 49

Buisness Facilities Contributed Content

APRIL 12, 2016

The wind turbines operating at Buffalo’s green energy complex on Lake Erie generate enough electricity to power roughly 15,000 homes; the turbines are under contract to a local utility, Constellation Energy Resources. The percentage of electricity generated by renewables continues to surge in the United States.

Indiana 40

Indiana New York New Jersey Wisconsin 40

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APRIL 15, 2014

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

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. Three of the nation’s 40 Renewal Community areas are in Alabama.

Income 75

Income Finance Zoning Equipment 75