Enhanced Enterprise Zone(EEZ)Tax Abatement Program
Enhanced Enterprise Zone (EEZ) Tax Abatement Program
Enhanced Enterprise Zone offers 50% abatement for 10 years as well as tax credits to a company creating jobs and making investments within the boundary of the zone. Additional abatement is offered if certain criteria are met.
The program encourages business development and job creation by granting a property tax abatement.
State tax credits to business enterprises that locate or expand within a designated zone are available.
50% tax property tax abatement is available but can be increased based upon job creation and investment amount.