- Sales and Use Tax Abatement provides a reduced tax rate to 2% on capital equipment purchase for new companies and 4.6% for expanding companies.
- Modified Business Tax Abatement provides up to 50% abatement for up to 4 years on quarterly payroll over $50,000 taxed at 1.475%.
- Personal Property Tax Abatement provides up to 50% abatement for up to 10 years on personal property.
- Real Property Tax Abatement for Recycling provides up to 50% abatement for up to 10 years on real property for qualified recycling businesses.
- Aviation Parts Tax Abatement provides up to 50% abatement for up to 10 years on personal property and reduced tax rate to 2% on aircraft parts and equipment purchases for 10 years.
- Data Center Tax Abatement provides a personal property tax abatement of 75% for up to 10 or 20 years and reduced sales tax rate to 2% for 10 or 20 years.
