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Virginia Incentives and Workforce Development Guide

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Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers. Green Job Creation Tax Credit. Companies deemed ancillary to or in support of the aforementioned categories would also apply.

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State by State Incentives Guide

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If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108
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STATE INCENTIVES GUIDE

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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
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New Mexico Incentives and Workforce Development Guide

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Warehousing, threshing, cleaning, harvesting, growing, cultivating or processing agricultural products including ginning cotton and testing and transporting milk. The credit may be applied against the taxpayer’s gross receipts tax liability or compensating tax liability. Certain green industries.

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New Mexico Incentives and Workforce Development Guide

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Qualified employers: Must have made more than 50% of its sales to persons outside New Mexico during the most recent 12 months of the employer’s modified combined tax liability reporting periods ending prior to claiming this credit. Certain green industries. The credit shall not exceed $12,000 per year, per job. Eligible Uses.

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Feature Story: 2016 Economic Development Awards

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Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. Businesses in certain industries are not eligible (e.g.,

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