IFO Releases
2023 Tax Credit Reviews
January 10, 2023 | Tax Credit Review
IFO presentation of the Manufacturing, Pennsylvania Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credit Reviews.
Resource Manufacturing Tax Credit
January 05, 2023 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fifth year, the IFO reviewed the Manufacturing, Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credits.
Click on the link to access the Resource Manufacturing Tax Credit Report.
Manufacturing Tax Credit
January 05, 2023 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fifth year, the IFO reviewed the Manufacturing, Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credits.
Click on the link to access the Manufacturing Tax Credit Report.
Rural Jobs and Investment Tax Credit
January 05, 2023 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fifth year, the IFO reviewed the Manufacturing, Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credits.
Click on the link to access the Rural Jobs and Investment Tax Credit Report.
The report was amended on February 17, 2023 to include updates to Table 3.1 on page 14.
Following publication of the RJITC report, the IFO became aware of a data discrepancy contained within a referenced study. As a result, the RJITC report was updated to exclude references to the “Evaluation of Alabama’s Entertainment Industry Incentive Program and New Markets Development Program” on February 23, 2023.
Waterfront Development Tax Credit
January 05, 2023 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fifth year, the IFO reviewed the Manufacturing, Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credits.
Click on the link to access the Waterfront Development Tax Credit Report.
Tax Credit Reviews
January 24, 2022 | Tax Credit Review
IFO presentation of the Mixed-Use Development, Brewers’, Coal Refuse Energy and Reclamation and Educational Tax Credit Reviews.
Mixed-Use Development Tax Credit
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Mixed-Use Development Tax Credit Report.
Brewers' Tax Credit
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Brewers’ Tax Credit Report.
Educational Tax Credits
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Educational Tax Credits Report.
Coal Refuse Energy and Reclamation Tax Credit
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Coal Refuse Energy and Reclamation Tax Credit Report.