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What Are The Benefits Of Enterprise Zone


Enterprise Zones are specific distressed areas designated by state and local governments for which incentives are offered to lure businesses to in order to spur economic development.  Incentives offered include income tax credits, employee training cost reimburfsement, property tax credits, cash grants, low interest loans, abatement of sales taxes on capital purchases, low energy cost, etc.

Economic incentives includes:


- Tax credit for creating new jobs.

- Sales Tax exemptions.

- Use Tax exemptions.

- Income Tax Credit.

- Franchise Tax credit.

- Preferential treatment when bidding on government contracts.

- Property Tax abatement.

- New Equipment Taxis abatement.

- Etc.

Accessing Enterprise Zones

If you're interested in moving your business to an enterprise zone visit the state's website below to learn more about the locations and procedures.

In addition to the list below you can also use this link to find a map of Enterprise Zones nationwide.


Here are the States Business Enterprise Zone Programs




Filing Fees


Designed to encourage economic growth in depressed areas.

Job Tax credit.


Income Tax or Franchise Tax credit for new investment in the Zone.


Sales & Use Tax exemptions.





Business Enterprise Program (BEP) provides employment opportunities to people who experience blindness and other severe disabilities by establishing businesses such as food service, gift shops and vending machines, which these individuals manage.




The primary goal of the Arizona EZ program is to improve the economies of areas in the state with high poverty and/or unemployment rates.

Income Tax Credits.


Property Tax reduction.









Promotes economic development and employment opportunities in designated enterprise zones, by offering bidding preferences in specified State contracts.

Receive up to a 5 percent bid preference on service and commodity contracts valued at more than $100,000 if the business work site is located in an enterprise zone



Encourages businesses to locate and expand in designated economically distressed areas of the state.

Investment Tax credit.


New Jobs Tax credit.


R&D Tax credit.


Job training tax credit.






A designated area for development in a Targeted Investment Community.

Local property tax abatement.


Up to 50% credit in Corporate income tax







A specific geographic area targeted for economic revitalizing.  Enterprise Zones encourage economic growth and investment in distressed areas by offering tax advantages and incentives to businesses locating within the zone boundaries. 

Job Tax Credit.


Business Equipment Sales Tax Refund.


Property Tax Credit.


Utility Tax Credit.






Job Tax Credit.


Property Tax exemption.


Abatement or reduction in other taxes or fees.





The Enterprise Zones (EZ) partnership is a joint state-county effort intended to stimulate—via tax and other incentives—certain types of business activity, job preservation, and job creation in areas where they are most appropriate or most needed.

Excise Tax exemption.


State income tax reduction.


Unemployment Insurance tax annual premium reduction.





So far Idaho's Enterprise zone program has been focused on energy.  In particular Renewable Energy where Municipalities across the state were awarded funds from the Renewable Energy Enterprise Zone (REEZ) Grant to complete projects.




Designed to stimulate economic growth and neighborhood revitalization in economically depressed areas of the state.

Exemption on Retailers occupation tax


Investment tax credit


Enterprise Zone job tax credit


Exemption on State utility taxes


Telecom Excise tax relief



Indiana has many Enterprise Zones that provides tax incentives for businesses to locate in those areas.  The Indian Business Review developed an indepth analysis of the Indiana Enterprise Zone program.




Designed to stimulate development by targeting economically distressed areas in Iowa.  The goal of the program is to revitalize these areas and make them competitive with other locations throughout the state.

Local property tax exemption


Funding of new employee training


Contractors and Sub-contractors tax refund


Sales and use taxes paid on racks, shelving, and conveyor equipment.


An investment tax credit of up to a maximum of 10% of the qualifying investment, amortized over 5 years.


Research activity refund.



Created to bring new or renewed development to targeted, economically depressed areas.


Tax exemption on the following:


Building materials used in remodeling, rehabilitation, or new construction


New and used machinery and equipment purchased, leased or rented


Commercial vehicles purchased


Other vehicles which are not defined as commercial vehicles purchased and used by a qualified business solely for business purposes


Tax Credit for hiring employees



EZs are areas with high unemployment, low income or a high percentage of residents receiving some form of public assistance. The Enterprise Zone (EZ) Program is a JOBS incentive program that provides Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees.

Job Tax credit.


Sales & Use Tax rebate.


Investment Tax credit.


Starts at $100


The Pine Tree Zone program was introduced by the Governor in early 2003 and enacted by a two-thirds majority vote of the Legislature last year. Pine Tree Zones use a combination of tax incentives to spur economic development in targeted areas of the state where unemployment is relatively high, and wages are relatively low.

Corporate Income Tax reimbursement.


Insurance Premium reimbursement.


Equipment tax reimbursement.





Businesses locating in a Maryland Enterprise Zone may be eligible for income tax and real property tax credits in return for job creation and investments. Businesses located in one of two focus areas are also be eligible for personal property tax credits.

Income tax credits

Property Tax Credits



To stimulate business growth and foster job creation, the state has created the Economic Development Incentive Program (EDIP), designed to attract and retain businesses in specific economic target areas.

Property Tax reduction.






Through the provisions of Public Act 120 of 1961, cities may create a Business Improvement District (BID), Principal Shopping District (PSD) or Business Improvement Zone (BIZ) to promote economic development. A BID/PSD allows a city to collect revenues, levy special assessments, and issue bonds in order to address the maintenance, security and operation of that district.

Tax abatement.





The Border-Cities Enterprise Zone Program provides business tax credits to qualifying businesses that are the source of investment, development, and job creation or retention in the Border-Cities Enterprise Zone cities of Breckenridge, Dilworth, East Grand Forks, Moorhead, and Ortonville.

Property tax credits.


Debt financing credit on new construction.


sales tax credit on construction equipment and materials.


New or existing employee credits.



The Gulf Opportunity Zone Act of 2005 is federal legislation that was passed by Congress and signed into law by President Bush in December of 2005. This legislation provides for Federal Tax Incentives to areas affected by Hurricanes Katrina, Rita, and Wilma.


Enhanced section 179 expensing for Small Businesses


Extended Net Operating loss carry back.


50% expensing of demolition costs.


Job creation tax credit.





The Enhanced Enterprise Zone Program is a discretionary program offering state tax credits to Enhanced Business Enterprises.

Tax credits.



Montana calls their system Empowerment Zones instead of Enterprise Zones.  Their system provides tax credit for businesses operating in certain areas.

Income tax credits
Insurance premium tax credits




The Nebraska Advantage Act , LB 312, is a new economic development incentive that makes Nebraska more competitive for business expansions or locations, and strengthens Nebraska’s economy.

Job Tax Credit.


Tax Credit for Research and Development.


Refund on investment in targeted communities.


State and local tax exemptions.




New Hampshire



Tax Credit


Property Tax Relief.


Job Grants.




New Jersey

The UEZ Program was created to foster an economic climate that revitalizes designated urban communities and stimulates their growth by encouraging businesses to develop and create private sector jobs through public and private investment.

Subsidized unemployment insurance costs.


Corporate Business Tax credit.


Job Tax Credit.


Sales Tax exemption on utilities.




New Mexico


The Economic Development Department promotes research and development, helps finance job training, breathes more life into downtowns, recruits new businesses to the state.

Job Training Incentives.


New Job Tax Credit.


Property Tax Exemption.


Rural Job Tax Credit.


New York

Empire Zones (formerly called Economic Development Zones) are geographically defined areas where businesses have access to vacant land, existing industrial and commercial infrastructure, a skilled workforce and abundant resources such as power and water supplies.

Sales Tax exemptions.


Real Estate Property Tax reduction.


Wage tax credit.


New Job creation tax credit.


New Business Tax refund.








North Carolina

Designed to bring economic development by attracting new companies to pockets of poverty in municipalities in North Carolina that have not shared in the economic gains of the state as a whole.

New Job Tax credit.


Job Training Credit.


New Equipment credit.


North Dakota

The West Fargo Renaissance Zone was created in 2000 to spur private sector reinvestment in downtown and increase the overall vitality of the once central business district.

Tax Credits.



Enterprise Zones are designated areas of land in which businesses can receive tax incentives in the form of tax exemptions on eligible new investments.


Exemption of real and/or personal property assessed values of up to 75% for up to 10 years


$750 filing fee

$500 - $2,500 annual monitoring fee


Oklahoma City's Empowerment Zone is a federally designated area created to promote public-private collaboration and stimulate job growth.  It's a pool of tax breaks and incentives for businesses and employees in the Zone. 

Wage Credits.


Employee Tax credits.


Equipment Tax reduction.


Capital Gains Tax reduction.



Areas in the state that need particular attention of government to help attract private business investment into those areas and to help resident businesses to reinvest and grow.

Exemption from property tax on new facility


Gross payroll tax liability relief.





The purpose of an Enterprise Zone is to promote job growth and to help municipalities take advantage of business expansion opportunities when they arise.

Low interest rate loans.


Tax credit for property improvements.


Preferential when bidding on State contracts.




Rhode Island

The Enterprise Zone Program is designed to offer tax incentives to businesses that expand their workforce at facilities located in one of the ten state enterprise zones.


The tax credit is equal to 50% of the annual wages paid to new employees to a maximum of $2,500 per employee.


Resident Business Owners Reduce Federally Adjusted Income by $50,000


South Carolina

One of the requirements for a business to qualify for the enterprise zone benefits is that it must enter into a revitalization agreement approved by the Council. The Council and the business will negotiate the amount of enterprise zone benefits to which the business will be entitled.

Property tax credits

Job tax credits



South Dakota

The Empowerment Zones/Enterprise Communities Program is a federal, state, local government partnership for stimulating economic growth and social development--in distressed urban neighborhoods and rural areas.








The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state.

Sales & Use Tax refund.





Comprises an area identified by local elected and economic development officials and designated by the state

Tax Credits:


$750 for hiring full time personnel


$500 if the new position pays 125% of the county average wage


$750 if the new business adds value to the agricultural commodity


$200 if the employer pays 50% insurance premium for 2 years for new employees.










Assists business development and expansion in specially targeted, economically depressed areas.

Job creation grants.


Real Property investment grants.


West Virginia

The Empowerment Zone and Enterprise Community program is designed to afford communities real opportunities for growth and revitalization.








The Enterprise Development Zone (EDZ) program provides tax incentives to new or expanding businesses whose projects will affect distressed areas.

New employee job credit.


Environmental remediation credit.














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