Comparison of Nebraska Tax Incentive Programs
to those Available in Other States

Reporting Neb. Rev. Stat. § 77-5731(7)


Back to 2009 Annual Report Main Page | Back to Nebraska Advantage Act | Tax Incentives Home

States offer many types of tax incentives for businesses. This table summarizes tax incentives in states that somewhat follow the Nebraska model of granting tax incentives. For example, qualification for tax incentives is not dependent upon the location of a project in an enterprise zone or other limited geographic area. Thus, states that offer jobs or investment credits to businesses, but only to those who locate in a limited area, are not counted. States that offer tax incentives, but have different qualification levels depending upon geography, are counted provided that a project could qualify, at some level, in every part of the state.

States may also limit qualification for incentives to targeted industries. Nebraska does this, and the table counts those states where incentives are limited only to targeted activities. Finally, Nebraska refunds the sales and use tax on qualified investments, but some states refund only a portion of the tax. These states are counted as having a refund. Some states have broader sales and use tax exemptions than Nebraska, but do not provide a refund of any taxes paid. Tax exemptions are outside the scope of this report, and states are not counted if they do not provide at least a partial refund of sales and use taxes paid on qualified investment.

State
(click on state name to view website)
Job
Credit
(yes/no)
Investment
Credit for
Qualified
Investment
(yes/no)
Sales/Use
Tax Refund
or Tax
Abatement
(yes/no)
Personal
Property Exempt
(yes/no)
Job Credit
Requirements
Investment Credit Requirements
($ Millions)
Alabama
yes
yes
yes
yes
5, 15, 20, 50 (by favored industry / geographic area)
$100 (utilities), $5 (hydropower), $2 (facility expansion), $1 (small business)
Alaska
no
no
no
yes
N/A
N/A
Arizona
no
no
yes
yes
N/A
N/A
Arkansas
yes
yes
yes
yes1
Based on payroll of the new employees hired.
$2 / 3 / 3.75 / 5
California
yes
no
yes
no
$3,000 per hire for firms with less than 20 employees
N/A
Colorado
yes
no2
yes3
yes
5 (zone),10 (non-zone)
N/A
Connecticut
yes
no
no
yes
Depends on jobs created in IT industry
N/A
Delaware
yes
yes
no
no
5
$0.20
Florida
yes
yes
no
no
100, 75 if Research & Development
$25 4, $755, $1005
Georgia
yes
yes
no
yes1
5,10,15,25
$0
Hawaii
no
yes
yes
no
N/A
Investment in Qualified High Tech Business
Idaho
yes
yes
yes6
yes
10
$0.05
Illinois
yes
yes
no
no
500 / 1,500, or 150 (coal / wind industry)
$12 / $30 (high impact business)
Indiana
yes
yes
no
no
Positive benefit analysis
Positive benefit analysis
Iowa
yes
yes
yes
yes
0-101+
<$0.01 - $10 + million
Kansas
yes
yes
no7
yes
2 (manufacturing) 5 (nonmanufacturing) 10 (Headquarters) 100 (high-impact)
$0.05 (high-impact)
Kentucky
yes
yes
yes
no
10
$0.01, 2.58
Louisiana
yes
no
yes9
yes10
1
N/A
Maine
yes
yes
no
no
100
$5
Maryland
yes
yes11
no
yes12
60, 25 in priority areas
$0.025 12
Massachusetts
yes
yes
no
no
10
New Investment in manufacturing, research & development, agriculture or commercial fishing
Michigan
yes
yes
no
yes
20 (entrepreneurial credit)
$1.25 (entrepreneurial credit)
Minnesota
no
no13
no
no
N/A
N/A13
Mississippi
yes
yes
yes
yes
20 / 10 / 5
$10 (tourism), $2 (Headquarters), 3:1 private/public match14
Missouri
yes
yes
yes15
yes16
10, 20, 40, 100 (Quality MO Jobs)
$10, $15 (BUILD program)
State
(click on state name to view website)
Job
Credit
(yes/no)
Investment
Credit for
Qualified
Investment
(yes/no)
Sales/Use
Tax Refund
or Tax
Abatement
(yes/no)
Personal
Property
(yes/no)
Job Credit
Requirements
Investment Credit Requirements
($ Millions)
Back to top of page
Montana
yes
yes
no17
yes
Increase employment by 30%
Must be a manufacturer
Nevada
yes
yes
yes
yes
15 rural, 75 urban
$0.25 rural, $1 urban
New Hampshire
no18
no
no
no
N/A
N/A
New Jersey
yes
yes
no
yes
10, 25
$0.5, $1
New Mexico
yes
yes
no
no
1
$0.5, $1
New York
yes
yes
yes
yes
1
0, $350
North Carolina
yes
yes
no
no
200 19
$10 19
North Dakota
no
no
yes
yes
N/A
N/A
Ohio
yes
yes
yes20
yes21
25
Must exceed business' county average for filing year
Oklahoma
yes
yes
yes
yes
New payroll of $2.5 million within 3 years / 10 FT at lesser of 94K or 300% county average
$0.05
Oregon
no
no
no
yes
N/A
N/A
Pennsylvania
yes
no
no
no
25 or increase by 20% within 3 years
N/A
Rhode Island
no
yes22
yes
yes
N/A
Maintain 125% wage level, 2% investment in worker training
South Carolina
yes
yes
no23
yes
1+ (corporate tax credit) 75 (property tax abatement & Headquarters)
$0.05 (property tax abatement & Headquarters)
South Dakota
no
yes
yes
yes
N/A
$10
Tennessee
yes
yes
yes24
no
25 / 100 / 250 / 500(Job Tax Credit), 25 (Data Center) 100 / 250 / 50025
$0.5 (Job Tax Credit) $250 (Data Center) $100-$1,00025
Texas
no
no
no
yes
N/A
N/A
Utah
yes
no
no
no
Create new jobs (at least 50 in urban areas) 125% wage urban 100% wage rural
N/A
Vermont
yes26
yes26
no
yes27
Increased wage & salaries
Increased economic impact
Virginia
yes
no
no
yes
50 in zone, 100 otherwise
N/A
Washington
no
yes
no
yes
N/A
Specific industries
West Virginia
yes
yes
no
no
20
Must be a manufacturer
Wisconsin
yes
yes
no
no
Pay more than $10.88/hr
None listed
Wyoming
no
no
no
no
N/A
N/A
Back to top of page
1Warehouse inventories are exempt when being shipped out of state.   15Chapter 100 sales tax exemption
2Available in designated Enterprise and sub-zones only. 16Chapter 353
3Biotechnology research and development property only. 17No sales tax
4Capital Investment Tax Credit 18Job training credit only.
5High Impact Performance Incentive Grant 19Article 3J Tax Credits
6Tied to jobs/investment credits. 20For approved Research & Development projects.
7Provides for exemption for facility remodels (equipment and labor only). 21Warehouse inventory
8House Bill 3 provides a program for existing manufacturers. 22Manufacturing and non-manufacturing investment credit
9Tied to quality jobs. 23Statutory exemptions only
10Restoration project 24Data Center
11Biotechnology Investment Tax Credit 25Super Jobs Tax Credit
12Brownfields Revitalization Incentive Program 26Vermont Employment Growth Incentive
13Small business investment tax credit bill currently in MN House. 27Stabilization agreement
14Mississippi Business Investment Act  

Back to top of page