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State Focus: Minnesota’s Formula For Success

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Minnesota ranks second in the country, behind only Montana, with 92 percent of the adult population earning a high school degree. Minnesota Job Skills Partnership Program—The program enables businesses and educational institutions to develop customized training for workers. MSP International Airport offers non-stop flights to 114 U.S.

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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. The educational facility will also serve as fiscal agent for the project.

Income 75