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State by State Incentives Guide

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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.

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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.

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H&A Public Incentive Legislation Update

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Quinn signed into a law a bill that extends the life span of enterprise zones for 25 years. The first group of the State’s enterprise zones was set to expire in 2013. Parnell signed Senate Bill 23 into law which gives a 10 year extension to Alaska’s existing film and television production incentives.

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FEATURE STORY: 2013 Economic Development Awards

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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.

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Packing and Leaving

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Delaware passed a law requiring universal background checks. The natural gas industry says expanding this zone to 2,000 feet would amount to a complete fracking ban in many areas in CO. In the wake of the Sandy Hook school massacre in Newtown, CN, several states moved to toughen their gun regulations.

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New York Incentives and Workforce Development Guide

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most cases, JDA Loans can be for up to 40% of the total project cost of Real Estate projects or M&E projects.Loans may be up to 60% for projects located in Empire Zones or economically distressed area.The combination of a bank loan and a JDA Loan allows up to 90% financing of a project. Typical financing structure: 50% Bank Loan.

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LOCATION FOCUS: United It Stands

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million in funding from the New York State Housing Trust Fund/HOME and federal low income housing tax programs. Just next door to Long Island MacArthur Airport is Foreign Trade Zone (FTZ) #52. The Southern Tier Region is located on the Pennsylvanian border of New York. The project created 15 jobs and added 29 market-rate apartments.