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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. The combined state and local millage rate would then be applied to the assessed value.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75
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LOCATION FOCUS: Texas: Big Heart, Country, Business

Buisness Facilities Contributed Content

It is hopeful that the feasibility study will indicate, as have preliminary analyses, that benefits of the channel project should exceed its $300 million cost. The firm has signed new 20-year contracts with two large Japanese power companies to export liquefied natural gas from the facility and is reportedly in negotiations with a U.S.

Texas 45