The Vermont 504 Loan Program makes SBA 504 loans to eligible borrowers whose business net worth is no more than $15 million and whose average net profit after taxes does not exceed $5 million for two prior years. The program uses proceeds of SBA debentures to finance borrowers’ business needs. SBA 504 loans are made in conjunction other third party lenders that normally finance 50% of the Project. The Vermont 504 Corporation’s SBA 504 loan lends up to 40% of the Project amount in a lien position that is junior to the third party lender.
The Venture Capital Program, provided by the ND Department of Commerce, is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. The New Venture Capital Program will invest up to $300,000 in varying forms of debt and equity for eligible businesses.
The Indiana Utility Regulatory Commission enforces regulations in this legislation that apply to all individuals, corporations, companies, and partnerships that may own, operate, manage, or control any equipment for the production, transmission, delivery, or furnishing of heat, light, water, or power; or collection, treatment, purification, and disposal in a sanitary manner of liquid and solid waste, sewage, night soil, and industrial waste.
These regulations apply to the construction of utility and power lines and facilities. They address the use of public right-of-ways for such construction, underground power lines, and construction and relocation standards.
This legislation applies to electric generating plants and associated facilities designed for or capable of operation at a capacity of more than 75 MW. A certificate from the Public Service Commission is required prior to the construction of such facilities. Some exemptions, including for hydroelectric generating facilities licensed by the Federal Energy Regulatory Commission, apply.
A permit is required from the Indiana Department of Natural Resources for the construction of a utility upon a state park, a state forest, a state game preserve, land acquired by the state and set aside as a scenic or historic place, or the portion of a public highway passing through one of the aforementioned types of places.
The Urban and Industrial Sites Reinvestment Tax Credit Program provides up to $100 million in tax credits over a ten-year period to support projects that create jobs and capital investment in under-served areas. An Urban Site Investment Project is eligible if it creates significant economic activity and if it is located in a designated community. Eligible Industrial Site Investment Projects must have made an investment in or improvement to real property that has been subject to environmental contamination.
New Jersey's Urban Enterprise (UEZ) Program operates under the Department of Community Affairs. The UEZ Program exists to foster an economic climate that revitalizes designated urban communities and stimulates their growth by encouraging businesses to develop and create private sector jobs through public and private investment. Applicant businesses must be registered, located in one of the designated zones, be in tax compliance with the state, and certified by the Program.
This Act allows any entity in a Reciprocating Jurisdiction harmed by pollution originating in the state of Montana to bring an action or other proceeding against the source of that pollution in the state of Montana. Such an entity has the same rights in the state of Montana as they would if the harm had occurred within the state.