Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Credits for rehabilitating vacant or underutilized industrial facilities in Indiana. Credit equals 25% of qualified rehabilitation expenditures for revitalizing industrial buildings, encouraging manufacturing investment in communities with idle plant capacity.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Facility must be a vacant or underutilized industrial building in Indiana
2.Minimum $1 million in qualified rehabilitation expenditures
3.Credit: 25% of QREs
4.Nonrefundable; 15-year carryforward
5.Apply through IEDC before rehabilitation begins
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.