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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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Feature Story: 2016 Economic Development Awards

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Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward. Massachusetts rapidly is expanding smart meter growth and conducting trials for time-of-use and critical peak pricing tariffs.

Indiana 40
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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