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State by State Incentives Guide

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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. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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FEATURE STORY: 2013 Economic Development Awards

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Gaining Honorable Mention Awards in this category were Greater MSP (Minneapolis Saint Paul Regional Economic Development Partnership) and Columbus (OH) 2020. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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The Memphis International Airport is home to the FedEx Superhub. Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. The Corridor offers export assistance and Foreign Trade Zones. Photo: Memphismegasite.com.).

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Shovel-Ready Sites: Ready To Hit The Ground Running

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Located in the middle of everywhere, Lubbock is home to nearly 300,000 people and is easily accessible by Interstate-27, which connects to Interstate-10 and Interstate-20, as well as by plane with the Lubbock Preston Smith International Airport. Regional airport, David Wayne Hooks Memorial, is minutes from Tomball.

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Cover Story: New Energy Powers Growth

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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 November 2013, a new generation of biofuels debuted at this Penn Minnoco station in south Minneapolis. Photo: mda.state.mn.us.).