With state governments trying to manage their budgets, there has been significant activity seen around the country dealing specifically with incentives and economic development policies. Many states are creating new programs, adjusting current programs, or removing certain programs that are deemed unprofitable. Several states such as Illinois, Florida, Kansas, Alabama, and others have cut their budgets tremendously and are suspending certain programs. Understanding the details of these changes will help businesses capture increased incentive values and avoid potential hurdles and challenges in the future. Let’s look at some of these changes:
Image: http://www.areadevelopment.com
