INCENTIVE DESCRIPTION

State:	OH
Incentive Type:	Cash Grants and Financing Incentives
Incentive Title:	Other Tax Incentives
Description:	MACHINERY & EQUIPMENT INVESTMENT GRANT PROGRAM:As of July 1, 2005, the M&E Equipment Grant replaceS the M&E Investment Tax Credit as the mechanism for companies to take the incentive. The M&E grant amount is calculated the same as the M&E investment credit and will remain the same for the duration of the agreement. Participating companies must file a grant request form with their annual tax return.
Eligibility Requirements:	Purchases must have been made by June 30, 2005 and installed by June 30, 2006. Once the Corporate Franchise Tax is eliminated and replaced by the Commercial Activity Tax, the credit will no longer be available for the tax period starting July 1, 2008.
Geographic Restrictions:	State of Ohio
Granting Authority:	ODOD

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.