Provides up to $9,000 of income or premium tax credits over a three-year period for each net new job to the state and concurrent qualifying capital expenditures.
Provides income tax credits for increased R&D activities conducted in the state. Additional tax credits are available for R&D executed in collaboration with state universities.
Accelerates depreciation to substantially reduce business personal property taxes.
Offers refundable income tax credits up to $20,000 per qualifying net new job to eligible manufacturing companies that invest in one or more qualifying facilities.
The Angel Investment tax credit provides credits to investors who make capital investments in small businesses certified by the ACA.