Connecticut Governor Announces Tax Package

February 13, 2022 | Blog, Tax Credits

Feb. 3, 2022 Connecticut Gov. Ned Lamont announced a package of tax proposals that would: accelerate the phase-in of the personal income tax exemption for pension and annuity income; expand the corporation business tax credit for student loan repayments by employers; restore eligibility for the property tax credit to all personal income taxpayers and increase the credit; […]

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Pinellas County, Florida: Industrial Site Development Funding

February 8, 2022 | Blog, Economic Development

New Application Window Open for Office and Industrial Site Development Funding in Pinellas County, Florida Pinellas County has committed funds in excess of $80 million for its Employment Sites Program to provide capital for the construction or redevelopment of office buildings and industrial (manufacturing & flex) sites where projects support economic growth and job creation […]

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Ohio: Redeveloping Properties Programs

December 15, 2021 | Blog, Grants

The Ohio Department of Development recently launched two programs focused on redeveloping properties in the Buckeye State. The Ohio Brownfield Remediation Program will provide $350 M in brownfield redevelopment funding and the Ohio Building Demolition and Site Redevelopment Program will provide $150 M in non-brownfield redevelopment funding. Guidelines and applications are out now, and companies […]

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Reimagining Electric Vehicles in Illinois Act-Enacted

November 19, 2021 | Blog, Tax Incentives

Nov. 18, 2021 Illinois enacted the Reimagining Electric Vehicles in Illinois Act to provide incentives for electric vehicle (EV) manufacturing and production. Among other tax provisions, the Act includes the following: a sales and use tax exemption for building materials, and a provision allowing local jurisdictions to abate property taxes for certain REV Illinois Project […]

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Property Tax Abatement Post-COVID

September 1, 2021 | Blog, Tax Incentives

The COVID 19 pandemic nearly wiped out the demand for commercial space because of work-from-home orders, shutdowns, quarantines, supply chain disruptions, unemployment spikes, and a huge drop in consumer confidence. Thankfully, it looks like we are turning a corner, but commercial real estate is going to have a longer recovery than most other sectors because […]

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