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State by State Incentives Guide

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Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The tax for existing entities accrues as of Jan. 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.

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South Dakota Incentives and Workforce Development Guide

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All projects must meet one of HUD’s national objectives, with the primary objective to benefit people of low-moderate income (LMI). Microloan SD: A partnership with the South Dakota Development Corporation and Governor’s Office of Economic Development (GOED). Working capital, inventory and venture capital are NOT eligible.

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

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Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. Union Pacific operates major yards in Little Rock and Pine Bluff, along with a locomotive repair facility in North Little Rock. The Metro Little Rock Region has a labor force of more than 480,000.

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New York Incentives and Workforce Development Guide

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Loans may be used for, but not limited to: upgrading display lighting, advertising and promotion, payroll for additional staff and training, purchase of computers to enhance inventory control, and the purchase of display cabinets, furniture and fixtures. Back office firms creating at least 50 net new jobs.

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. Facebook opened its Austin office in May 2010 and doubled the facility’s size in October 2011. The Austin office represents Facebook’s first major U.S. to do business.

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Feature Story: 2016 Economic Development Awards

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With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. The income tax credit/credits issued under this program are equal to 33-1/3 percent of the amount invested by an investor in an eligible business.

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