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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
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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.

Income 75
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking.

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Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Mesa has one of the nation’s most unique cybersecurity assets—Arizona Laboratory for Security and Defense Research (AZLabs).

Arizona 76
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Industry Focus: Global Aerospace Production Soars To New Heights

Business Facilities

According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. Virtually every major defense contractor in the U.S.

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BUSINESS REPORT: Life Sciences Grow High-Wage Jobs in the Beehive State

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billion in personal income. Key Incentives: Enterprise Zones, Rural Fast Track Program, ED Tax Increment Financing, Motion Picture Incentives, Private Activity Bond. Rounding out Utah’s life sciences story is continued investment in research and development and educating the workforce of tomorrow. GDP (All Industry 2011): $124.5

Utah 40
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Governor’s Report: Sooner Is Better In Oklahoma

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Projects like the GE Global Research Center and Boeing’s Global Services and Support facility are creating more demand for STEM-educated workers in Oklahoma. Qualifying low-income households in Oklahoma can receive high-speed Internet for $5 or $10 a month under a program AT&T announced in April 2016. For Koch Industries’ $1.3-billion