INCENTIVE DESCRIPTION

State:	FL
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Brownfield Credits
Description:	1) BROWNFIELD REDEVELOPMENT BONUS REFUND- Approved applicants may receive a tax refund of up to $2,500 for each new job created. Applicants may also be eligible for voluntary cleanup tax credits, liability protection, and low-interest loans. 2) VOLUNTARY CLEANUP TAX CREDIT (VCTC)- The credit is for up to 35% of the costs of voluntary cleanup activity, not to exceed $250,000 per site per year. Credits can be applied toward Corporate Income Tax or Intangible Personal Property Tax in FL. Credits are transferable.
Eligibility Requirements:	1) Applicant must (a) be certified as QTI business; (b) have a capital investment of at least $2 million; (c) create at least 10 new permanent full-time jobs; (d) obtain all designations and approvals and agreements. 2) Meet eligibility requirements.
Geographic Restrictions:	Statewide
Granting Authority:	State of Florida and local community
	288.107; 199.1055; 220.1845; 376.30781

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.