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Vermont Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Vermont economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Brownfields Revitalization Fund (BRF): Administered by the Vermont Agency of Commerce and Community Development (ACCD), the fund can provide low-interest loans for site cleanup.

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Carbon Tax Proposed in Portland will be First in the Nation

Green Building Law Update

Given the increased emphasis on climate change by the incoming Biden Administration the proposed ordinance should be on your required reading list. The City of Portland is proposing a carbon tax that would be the first of its kind anywhere in the country. Carbon dioxide and other greenhouse gas emissions are changing the climate.

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Not All Buyers Want More Space—Tiny Homes are Steadily Rising

Pro Builder

Tiny dwellings are popping up for sale or rent in rural parts of Maine, Vermont, Wyoming, and even Alaska, reports Fox Business. Purchasing a tiny home could be both a cheaper way to buy, but also a way to generate more income since they can be rented out. a year on average over the past 10 years. The pandemic is creating more uses.

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New England: A Rising Tide Of Jobs, Wages

Business Facilities

All six New England States experienced gains in wages and salaries in 2018, with the income surge averaging more than four percent in 2Q 2018. Read: New England: A Rising Tide Of Jobs, Wages at BusinessFacilities.com.

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Massachusetts Holds On To Top Energy Efficiency Ranking

Business Facilities

As national leaders, Rhode Island, Vermont, and Oregon round out the top five in the ACEEE Scorecard. New York, Oregon, Washington, and Vermont are among the few states in the nation to have a vehicle miles traveled (VMT) reduction target. Idaho, Florida, and Virginia are the three most-improved states in the newly released report.

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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. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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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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