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New Mexico Incentives and Workforce Development Guide

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For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Funding of grants is strictly based on the receipt of capital outlay funds appropriated by the New Mexico Legislature. LEDA funds are provided on a reimbursable basis only.

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The updated New Mexico incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

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Cover Story: New Energy Powers Growth

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These three new projects amount to over $1.25 With over 310 days of sunshine, aggressive incentives and a low cost business environment, New Mexico is one of the leading solar energy regions in the U.S. In 2013, New Mexico installed 45 MW of solar capacity, up from 24 MW installed in 2012. First Solar Inc.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75