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State by State Incentives Guide

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ALABAMA - updated for 2014. Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office.

Income 108
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Seven Projects Land Deal of the Year Honorable Mentions

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SolarCity may earn up to 25 percent of the new state taxes they will pay over the 10-year life of the agreement in a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate; GOED has approved a tax credit rebate of $24.4 ALABAMA LANDS ‘PROJECT AXLE”. The $127-million plant $1.8 The $127-million plant $1.8

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SPECIAL REPORT: The Carolinas Are Bringing The Business

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Senate Finance Chairman Hugh Leatherman said he’s in awe of Boeing’s expansion plans. Our state could very well become the aerospace hub, when you bring all these suppliers in here to supply not only Boeing but possibly Airbus in Alabama,” he said.

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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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