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State Focus: New Mexico – Welcoming the World

Buisness Facilities Contributed Content

M ore and more manufacturers from around the country and the world are starting to notice New Mexico as a leading center for commerce, industry, and trade. Martinez enacted a single sales factor, reduced New Mexico’s corporate income tax by 22 percent, from 7.6

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

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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Tiny Homes May Not Be as Cost-Effective as You Think

Pro Builder

Utility hookups and local zoning laws can add more to the price tag too. “If When it comes to tiny home affordability, North Dakota, New Hampshire and New Jersey rank at the top. Tiny homes there cost less than half the average annual household income. Tiny homes are least affordable in Hawaii, Montana and New Mexico.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

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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.

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Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

The wind boom in Texas was assisted by the expansion of the state’s renewable portfolio standard (RPS), use of designated Competitive Renewable Energy Zones and expedited transmission grid construction. In 2013, New Mexico installed 45 MW of solar capacity, up from 24 MW installed in 2012. First Solar Inc.