Qualified Facility Tax Credit

Who can apply

Subject to eligibility requirements, the Qualified Facility tax credit offers a refundable income tax credit equal to the lesser of: 10% of the qualifying capital investment or $20,000 per net new job at the facility if the total qualifying investment is less than $2,000,000,000, or $30,000 per net new full-time employment position associated with the facility if the total qualifying investment is more than $2,000,000,000, or $30,000,000 per taxpayer per year.