Exemption of real property taxes on improvements to land & buildings for manufacturing, R&D, warehouse or distribution. Up to 10 years.
Encourage the growth of manufacturing, R&D, warehousing & distribution companies; promote primary job employment.
Annual percentage exemption of real property taxes on improvements to land and buildings
50% base exemption
Additional percentages available if additional policy criteria met
Up to 10 years, per state statute
Download the brochure to learn more.