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State by State Incentives Guide

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Inventory is exempt from property tax. 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 tax for existing entities accrues as of Jan.

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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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State Focus: Arkansas – Easy To Reach, Easy To Grow

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Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. Union Pacific operates major yards in Little Rock and Pine Bluff, along with a locomotive repair facility in North Little Rock. Department of Education.

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New York Incentives and Workforce Development Guide

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Loans may be used for, but not limited to: upgrading display lighting, advertising and promotion, payroll for additional staff and training, purchase of computers to enhance inventory control, and the purchase of display cabinets, furniture and fixtures. Fixed asset loans of up to $20,000 for terms not to exceed seven years.

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

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The Christie Administration will dedicate more than half of this funding for low-to-moderate-income households, in accordance with HUD guidelines. A $300- million allocation will fund grants that can be used for purposes including rehabilitation, new construction, equipment, inventory, mitigation, refinancing and working capital.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. High School, many active youth programs and two college campuses with a combined enrollment of over 3,000 and you will quickly see why making lots of room for education is very important to Waxahachie.

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Feature Story: 2016 Economic Development Awards

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With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. Custom training at a NM public educational institution may also be covered. The income tax credit earned may be sold upon approval by AEDC. .

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