Tax Credit Budget Utilization

Investments Reported via eTCA
January 1, 2019 to December 31, 2019Budget Utilization Graph

Tax Credit Budget Maximum Investment
($Millions)
 Budget Utilization
(%)
Business Creation $10.00 8%
Cleantech $25.00 6%
Community Diversification $10.00 5%
Equity Capital $66.67 36%
New Media $16.67 23%

Updated | August 19, 2019

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