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State by State Incentives Guide

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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.

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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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New Mexico Incentives and Workforce Development Guide

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Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. The planning money comes in the form of a loan which may be forgiven when the final project is financed through NMFA. Tax Incentives.

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New Mexico Incentives and Workforce Development Guide

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In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility. The corporate income tax credit is 30% of eligible costs up to $30,000 in any taxable year.

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Cover Story: New Energy Powers Growth

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Since the onset of shale gas production, Pennsylvania businesses and homeowners have benefited from a 50 percent decline in natural gas prices and a corresponding 40 percent reduction in the cost of electricity. states with service to all six Class I railroads, and offers more than 7,300 miles of oil pipeline and 11,200 miles of gas pipeline.

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STATE FOCUS: Lassoing Jobs In Texas

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With multiple programs offering competitive incentives and financing to qualified recipients, Texas’ commitment to the economy, the people, and quality of life is without equal. Texas manufacturing companies may also be exempt from paying state sales and use tax on electricity and natural gas used in the manufacturing process.

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Industry Focus: Food Processing – The Process Of Consistency

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Competitive electric costs, coupled with the convenience of responsive local utilities, have helped foster an environment where companies want to invest. Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. 1,677 miles of class 1 railroads.