Remove Equipment Remove Leases Remove Liability Remove Zoning
article thumbnail

Texas Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A company can secure loans with property, plant and equipment which can be amortized over the life of the asset. Business Relocation Tax Deduction & Exemption: Effective January 1, 2014 House Bill 500 provides authorization for a company to deduct moving expenses from its apportioned margin while calculating its franchise liability.

Texas 40
article thumbnail

COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

It is known for its harvesting equipment, particularly its innovative corn harvesting “headers”, the attachments at the front of a combine. The program allows for reduced risk for the end users and allows for all parties to understand their liabilities as the project moves forward.”.

Site 49
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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
article thumbnail

Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The loan covers up to 90% on real estate, 80% of machinery and equipment, and 75% of tourist-travel recreation projects. Additionally, manufacturers seeking financing to be used for the acquisition of land, buildings, and equipment may qualify for loans in excess of $250,000. These credits may be taken against the gross premiums tax.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The project is expected to create 75 new jobs.

El Paso 106
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

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%