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Black Gold Rush

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. “One can only imagine the impact on California’s education system, social programs, infrastructure, and even energy-tech R&D. Last year, CA Gov.

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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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COVER STORY: Editors’ Location Picks

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3 Rivers Connect is a nonprofit agency that helps individuals, educators and community leaders use information and technology to make the best possible decisions about the allocation of resources and delivery of services. The company will continue to maintain a presence at their Norwood location until their final lease ends in 2013.

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