Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. While Sonoma County was an early innovator, Connecticut has a widely admired statewide PACE program that is up and running.

Lien 120

Lien Finance Commercial DC 120

Green Building Law Update

SEPTEMBER 11, 2016

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent to a PACE loan is required. Maryland is typical.

Baltimore 120

Baltimore Maryland Finance Residential 120

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. 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.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 12, 2016

Here are just a few examples that illustrate how 21st-century renewable energy initiatives are transforming what was a 20th-century steel hub: on the banks of the Buffalo River, one of the largest solar panel factories in the U.S. If the credit exceeds the tax liability, the remaining credit is refundable.

Indiana 40

Indiana New York New Jersey Wisconsin 40

Buisness Facilities Contributed Content

APRIL 18, 2013

Connecticut-based Turbine Controls, Inc. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability. Farm Bureau of Indiana, Regions Bank, The Indianapolis Star, Kite Realty Group, LDI, Ltd.,

El Paso 106

El Paso Indianapolis Zoning New Jersey 106