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Tennessee Incentives and Workforce Development Guide

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Economic Development Fund: The new FastTrack Economic Development Fund expands Tennessee’s current FastTrack infrastructure and job training program by providing additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. FINANCING & GRANTS.

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STATE FOCUS: Kansas Focuses On The All-Around

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The state recognizes that small businesses are critical to the economy and recently eliminated income taxes for many small organizations. Kansas also has no personal property tax, no inventory tax and no franchise tax. railroad miles. Kansas is a right-to-work state, bringing one additional cost saving to employers.

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Virginia Incentives and Workforce Development Guide

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Rail Industrial Access Program: Helps connect businesses to freight rail service by funding the construction or improvement of railroad tracks and facilities to serve industrial or commercial sites where freight rail service is currently needed or anticipated in the future. TAX INCENTIVES. Worker Retraining Tax Credit.

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

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That infrastructure, combined with an affordable, qualified workforce and a favorable business climate, make the state an ideal location for businesses wanting to easily move bulk commodities and consumer goods. 1,677 miles of Class 1 railroads. In Arkansas, you will find: 1,000 miles of navigable waterways.

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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. A review of the available space inventory reveals that Wheeling’s industrial parks continue to experience strong demand from both existing and new businesses. Quinn said.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. ALABAMA - updated for 2014.

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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.

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