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Senate Reinstates Water and Sewer Exemption in Bipartisan Infrastructure Bill

Pro Builder

Senate Reinstates Water and Sewer Exemption in Bipartisan Infrastructure Bill. The National Association of Home Builders sought to restore an exemption for water and sewer contributions in aid of construction in the Senate bipartisan infrastructure bill. cbroderick. Tue, 08/03/2021 - 09:52. In June, Sens. 1997) to do so.

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How NAHB Members Can Benefit From Biden’s New Infrastructure Measure

Pro Builder

How NAHB Members Can Benefit From Biden’s New Infrastructure Measure. President Biden’s recently approved Infrastructure Investment and Jobs Act includes a provision which may save one NAHB member at least $100,000, according to NAHB Now. Tue, 11/23/2021 - 10:12. The new law, which is effective for CIAC contributions made after Dec.

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LOCATION FOCUS: Kansas – Diversification From The Ground Up

Buisness Facilities Contributed Content

Kansas passed a business income tax exemption which eliminates certain non-wage business income on lines 12, 17 and 18 of IRS Form 1040 for Partnerships, Limited Liability Corporations, Limited Liability Partnerships, Sole Proprietorships and Subchapter-S Corporations that have elected at the federal level to be taxed as a pass-through entity.

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Pennsylvania Incentives and Workforce Development Guide

Business Facilities

Funds can be used for machinery/equipment; job training; infrastructure; land and building improvements; environmental assessment/remediation; acquisition of land, buildings and right-of-ways; working capital; and site preparation. Business In Our Sites Grants & Loans: A $300 million statewide loan pool, created by the issuance of bonds.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. 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.

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South Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. Unused credits can be carried forward up to five years.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities.

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