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Few states were more successful in resisting the onslaught of the Great Recession than NorthDakota. As most of the nation quickly plunged into economic deprivation at the end of 2008, NorthDakota’s fortunes soared and never looked back. All of that may be about to change, seismically, for the better.
The economic impact could be even greater: The study’s estimates are conservative in part because they do not include the economic impact of land leases that would be given to local landowners, nor does it look at what could happen if exploration discovers extractable oil deposits, such as what was found in western NorthDakota.
Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The key to that positive change resides in the same place in California it did in NorthDakota—buried more than a mile underground in the middle of a huge shale deposit.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. For credits earned for North Slope capital expenditures under AS 43.55.023 (a), no more than half the credit may be applied in a single calendar year.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.
If GSA, as the “landlord of the federal government,” were to require or use something else, it would add cost to the building and leasing process across the building industry. USGBC North Carolina Triangle Chapter. USGBC NorthDakota Provisional Chapter. USGBC North Florida Chapter. USGBC North Texas Chapter.
Early estimates for 2013 production project that output in PA topped 3 trillion cubic feet last year. State officials estimate more than 240,000 people are working in jobs created or made more prosperous by the Marcellus and Utica shale gas plays. Wind energy is now the fifth-largest electricity source in the U.S.,
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