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Georgia Ports See Surge In Private Investments, Record Cargo Volumes

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Including these announcements, this new activity will bring Savannah’s industrial inventory to more than 57 million square feet, of which less than 2 percent is currently available. billion in income, $84.1 These announcements are in addition to 3 million square feet of distribution center space completed within the last year, and 5.2

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State by State Incentives Guide

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Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. That is, for property with a fair market value of $1 million, the assessed value would be $200,000.

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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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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. SELECTING TENNESSEE MADE EASY. million in capital investments. Environmental issues are also identified up-front.

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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. for the Indiana Shovel Ready Program and the Tennessee Valley Authority for TVA’s Data Center Site Certification Program. ACHIEVEMENT IN SITE CERTIFICATION.

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