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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

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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.

Income 75
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State Focus: Arkansas – Easy To Reach, Easy To Grow

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1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. In Arkansas, you will find: 1,000 miles of navigable waterways.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. Currently, SMUD is building the foundation for the “smart grid.” In the 2000 census, the Barstow area had a median income level of $35,069.

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Location Focus: Illinois – Trying to Make Headway in Every Way

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Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. With this foundation of successful commercial growth DuPage County boasts the highest per capita income in the state and the Midwest, making it one of the most desirable counties in the entire U.S

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Cover Story: New Energy Powers Growth

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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. The foundation work for the Highland turbines started last fall and should be done by the end of the year, with the turbines and the more than 650 blades set to go up by the end of 2015.

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Industry Focus: Food Processing – The Process Of Consistency

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IMPA communities work closely with the state of Indiana, which has embraced its agriculture industry as a foundational part of the Indiana economy. 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.