INCENTIVE DESCRIPTION

State:	WY
Incentive Type:	Cash Grants and Financing Incentives
Incentive Title:	Industrial Revenue Bonds
Description:	IDRB's are land acquisition, building and equipment loans, and are interest exempt from federal income taxes. Manufacturers or processors of products for sale can use IDRB's. IDRB's are also known as private activity bonds.
Eligibility Requirements:	Types of products that can be financed with IDRB's: (A) Industrial projects for assembling, fabrication, manufacturing or processing, which creates a product for sale (B)Energy development projects, production, collection or conversion (C) Projects which manufacture or process recycled or reused products and materials. Tax-exempt IDRB's can be used to acquire: building and equipment, machinery and furnishings, land, costs of architects,engineers, attorney and permits, costs of bond issuance up to 2% of bond proceeds, and landscaping.
Geographic Restrictions:	Statewide
Granting Authority:	Wyoming Business Council

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.