FY 2017 Budget Highlights

NEW BUSINESS INCENTIVES 2016 Small Business Tax Credit - 2016 Small Business Loan Guarantee - 2015 Commercial and Industrial Business Tax Credit - Up to 10 years (offered to AstraZeneca/MedImmune expansion) 2015 Water and Sewer Capacity - Water and Sewer Capacity Leases for certain manufacturing facilities in lieu of purchasing the capacity for a term of no more than 20 years. Water and Sewer Capacity Fee Payment Plan Fund (PPF) - may be used to provide loans to certain commercial water and/or wastewater customers to purchase capacity fees for new construction or expansion. It allows the property owner to spread out the payment of the Capacity Fees over a max term of 10 years. 53

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