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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. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries. 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 Carolina Incentives and Workforce Development Guide

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Economic Development Set-Aside Program: Assists companies in locating or expanding in South Carolina by providing financial assistance for road or site improvements and other costs related to business location or expansion. The credit can be applied against either corporate income tax or the license fee.

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South Carolina Incentives and Workforce Development Guide

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Economic Development Set-Aside Program: Assists companies in locating or expanding in South Carolina through road or site improvements and other costs related to business location or expansion. Job Tax Credit: By creating new jobs in South Carolina, companies may be eligible for a tax credit against their South Carolina income tax liability.

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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. From a statistical perspective, one measure that illustrates how a community’s economic health is trending can be seen through tracking the area’s median income levels.

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Industry Focus: Aerospace Sector Is Flying High Again

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billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 This road connects directly to I-95 and the Northeast transportation network. However, despite the decline in employment numbers, the U.S.

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

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million aviation technical school, under construction near the airport’s entrance on county road 32, is a partnership between Faulkner State Community College, Enterprise State, the Fairhope Airport Authority and the Baldwin County Board of Education. The 15,000-square-foot-facility is scheduled to open in the fall.

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