Cal-Sag Incentives

SUMMARY OF ENTERPRISE ZONE BENEFITS

PROPERTY CLASSES: COMMERCIAL - INDUSTRIAL 12 OR MORE RESIDENTIAL UNITS UNDER ONE OWNERSHIP

ZONE INCENTIVES

For Commercial, Industrial Projects & Multi Family of 12 or More Units

Sales Tax Abatement on Building Materials for Zone Projects with Valid IDOR Building Material Sales Tax Exemption Certificate

•50% abatement of the municipal portion of real estate taxes for 5 years, on the added tax value created by the project, unless in a TIF or receiving any other real estate tax incentive

•50% discount on local building permit fees.

•Growth zones.

State Incentives

•Gas Use Tax Exemption for Zone Businesses

•Investment Tax Credit

•Enterprise Zone Manufacturing Machinery & Equipment Sales Tax Exemption

•Utility Tax Exemption