From Site Selection magazine, November 2004
U.S. LEGISLATIVE UPDATE
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New Mexico
A bill was passed to attract manufacturing facilities, assist new business start-ups and create jobs in clean energy through a grants program. A high-wage jobs tax credit bill passed allowing an employer that has more than 50 percent of its sales outside of New Mexico and that is eligible for in-plant training assistance to claim a tax credit equal to 10 percent of wages and benefits paid to new employees in "high-wage" jobs.
New York
Lawmakers okayed the first tax credit for film and TV production in the state, totaling $100 million over four years. A Brownfield Cleanup Program provides tax credits to volunteers who remediate and redevelop brownfield sites. Credits are enhanced for sites that fall within environmental zones. Gov. Pataki signed legislation that allows farms that are part of agricultural cooperatives to qualify for Empire Zone benefits.
North Carolina
The Site Infrastructure Development Program was created, enabling the state to provide assistance for site development and infrastructure improvements to high-impact projects. Legislators also made the largest appropriation yet, $20 million, to the One North Carolina Fund, which provides grants for equipment and infrastructure improvements to companies deemed vital to the economy. The Job Development Investment Grant (JDIG) program was extended and expanded to allow 25 projects per year totaling $15 million (up from 15 projects and $10 million.
North Dakota
As the North Dakota legislature, which meets only in odd-numbered years, prepares to convene on Jan. 4, 2005, latest projections say the state will have 3 percent more revenue in 2005.
Ohio
The 2004 Jobs Bill includes a new incentive that guarantees Ohio employers the skilled workers needed to fill technical jobs. The first year of the program is funded by $3 million to be administered by the Ohio Investment in Training Office and the Dept. of Development. Companies that create at least 100 high-paying, full-time jobs over three years are eligible to access the funds provided the availability of skilled workers was a major factor in the company's location decision. Funds can be used for job assessment services, screening and testing of potential employees, pre-employment and incumbent worker training programs and other related activities.
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