Construction Law Monitor

JULY 20, 2011

You are in the business of leasing heavy equipment to contractors. There is likely no answer for you under the lien law – unless you filed a notice of lease agreement with the owner within the appropriate time frame. Under both Acts, a Lessor of movables (equipment, vehicles, etc.) What do you do?

Leases 44

Leases Lien Louisiana Equipment 44

Green Building Law Update

SEPTEMBER 11, 2016

Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g., Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g.,

Baltimore 120

Baltimore Maryland Finance Residential 120

Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 8, 2016

State Water Commission funds, not exceeding $20,000 per borrower, may be used to supplement Ag PACE funds for the purchase of irrigation equipment on new irrigated acreage. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. The guarantee fee is.5%

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

MARCH 21, 2014

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75