Tax Credit Budget Utilization

Investments Reported via eTCA
January 1, 2020 to December 31, 2020Budget Utilization Graph

Tax Credit Budget Maximum Investment
($Millions)
 Budget Utilization
(%)
Business Creation $10.00 0%
Cleantech $25.00 0%
Community Diversification $10.00 1%
Equity Capital $66.67 2%
New Media $16.67 0%

Updated | January 23, 2020

Equity Authorizations

  • are not a guarantee an investor will receive a tax credit
  • may be suspended at any time with limited or no notice

Tax Credits

  • are limited and available on a first come, first serve basis
  • should be claimed as soon as an investment has been made