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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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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
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Feature Story: 2016 Economic Development Awards

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Massachusetts rapidly is expanding smart meter growth and conducting trials for time-of-use and critical peak pricing tariffs. Custom training at a NM public educational institution may also be covered. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

Indiana 40