Tax Candi

• Economic Development that benefits us all --  Jim Beammoves 120 jobs to Kentucky to consolidate bottling operations and get $6.3 million to help! (Louisville BizJournal)

• Kentucky also is trying to keep Harley-Davidson in state, so the governor is considering calling a special session to discuss possible incentives.  (And for 2,000 jobs, who wouldn't?) 

• Pfizer  (and its 1,400 jobs) are leaving the New London, the project and the town in the landmark Kelo case that turned "economic development" into a four-letter word. (New York Times)

• Boeing diversifies its domestic operation locations, heading to South Carolina to make 787s.  Gov. Mark Sanford signed the $170 million incentive package, comprised of low-interest financing and sales tax exemption (AP)

• Ohio keeps Intelligrated, a supplier and manufacturer of automated material handling solutions, from relocating Kentucly with a $24 million incentives package.  The package is a mix of financing and Job Creation Tax Credits. (The Madison Press)

• And just for laughs, Funwith Google's search suggestion feature. (Slate)

• Michigan lawmakers demand more oversight on economic development administration, including annual reports on the effect of MEGA tax credits (SB 71) (see also SB 70, SB 774).  They're going to Gov. Granholm for approval.  At least one piece of legislation looks to ease requirements for eligibility (HB 4922).

• In Alaska, state corporate tax credits survive mergers. (Alaska Department of Revenue)

• Iowa gets a new state director of Economic Development. (Quad City Times)

• Ouachita Parish, Louisiana votes to increase property taxes to raise $15 million for the local incentives package for T.  Boone Picken's V-Vehicles and their promise of 1,400 jobs. (The News Star)

• The state of Kansas is trying to lure the Kansas City Wizards (the MLS soccer club) away from the Missouri side -- A $229.5 million incentives package makes the Sunflower State look pre-etty sweet. (Kansas City Star)

Thanks for the recent comments and questions!  We invite you to wait with baited breath for discussions of such new topics as Foregin Trade Zones and new, juicy legislative updates.  Let us know what you think!

• And we're back from the Western sun and warmth of Arizona and Nevada to the cold and rainy fall of Illinois. 

• Not everyone is happy with Missouri's expanded economic incentives programs (the state recently upped funding to $20 million from $10 million) (AP)

• Prince George's County, Maryland, renewed and expanded its enterprise zone.  Potential benefits include tax credits of up to $6000 for disadvantaged employees and up to $1000 for non-disadvantaged employees (love the double negative), as well as personal and real property tax abatements. (Washington Business Journal)