Targeted businesses may be offered special incentives, at the discretion of the AEDC Executive Director:
A refund of sales and use taxes paid on the purchase of building materials and machinery and equipment associated with the approved project
A transferable income tax credit equal to 10% of payroll for up to five years
A cash rebate equal to 5% of eligible new payroll for up to 10 years
A sales or income tax credit equal to 2%-8% of eligible investment
A transferable income tax credit equal to 33% of eligible research and development expenditures