Economic development incentives and tax credits continue to be the most commonly used type of inducement offered by states and municipalities in order to encourage private investment, business retention, environmental remediation, job creation and retention.
 |
New York incentive package |
$77,000,000 |
 |
Michigan incentive package |
$24,000,000 |
|
Michigan incentive package |
$15,900,000 |
| |
State job creation credits |
$10,000,000+ |
 |
Pennsylvania property tax and tax credit package |
$5,000,000 |
 |
Illinois incentive package |
$4,600,000 |
 |
Massachusetts EDIP |
$2,600,000 |
 |
Colorado incentive package |
$2,300,000 |
|
Illinois property tax abatement |
$2,300,000 |
 |
Connecticut property tax abatement |
$1,900,000 |
 |
Missouri employment & training credit |
$1,600,000 |
 |
Georgia job credit |
$1,200,000 |
 |
Ohio property tax abatement |
$1,500,000 |
 |
Puerto Rico training grant |
$1,124,000 |
|
Illinois tax increment financing |
$1,097,000 |
 |
New Jersey Urban Enterprise Zone |
$850,000 |
|
Illinois enterprise zone expansion |
$610,000 |
 |
Louisiana enterprise zone |
$584,000 |
|
Colorado enterprise zone expansion |
$520,000 |
|
Pennsylvania grant agreement, offsite improvements |
$500,000 |
 |
Mississippi tax increment financing |
$235,000 |
 |
Florida CRA grant |
$225,000 |
|
Pennsylvania investment tax credit |
$195,000 |
 |
Arizona development agreement |
$169,000 |
 |
Hawaii state training grant |
$10,000 |
