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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.

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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: 2014 Economic Development Awards

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START-UP NY (which stands for SUNY Tax-free Areas to Revitalize and Transform Upstate NY) is an initiative to turn SUNY campuses and other university communities across the state into tax-free communities for new and expanded businesses. Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program).

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Cover Story: New Energy Powers Growth

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These three new projects amount to over $1.25 The wind power installed in Nebraska also will avoid over 950,000 metric tons of carbon dioxide emissions annually, the equivalent of taking more than 165,000 cars off the road. NEW JERSEY IS A SOLAR GIANT. billion in project investment. TEXAS RULES THE ROOST.

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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 New Hampshire just completed a $135 million expansion of the Turnpike, improving all six Rochester exits, making local travel a breeze. billion in 2014, a 9.9

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

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Industry Focus: Food Processing – The Process Of Consistency

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Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Progresso is one of the oldest names in South Jersey manufacturing, and thanks to innovation and growth it remains one of the most successful. VINELAND, NJ: DISCOVER THE DIFFERENCE.