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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

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Located on 10 acres in a Denver suburb, it serves some 500 low-income homes. . Industry supporters have introduced such measures in Indiana, Kansas, Mississippi, Missouri, Texas, and Utah. Advocates noted farmers are paid to lease the land, and animals can graze beneath the solar panels. In Montgomery County, Md.,

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Black Gold Rush

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In fact, when President Obama visited Elkhart, Indiana in 2009 to commiserate with a town then suffering from the highest unemployment in the nation (15.3 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.

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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Indiana Economic Development Corp.; Led by Indiana Secretary of Commerce Victor Smith, the IEDC is organized as a public-private partnership governed by a 12-member board.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). A joint effort by Greater Lafayette (IN) Commerce, the City of Lafayette, Tippecanoe County and the Indiana Economic Development Corp.

Deals 107
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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

Income 108
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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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FEATURE STORY: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability. Indiana University Health, Denison, Inc.,

El Paso 106