To help Sunrise Communications with its relocation plan, the state of Missouri has authorized an economic incentive package that includes $83,468 in Enhanced Enterprise Zone program tax credits over five years for the facility located at 3322 South Campbell, Springfield.
Enhanced Enterprise Zones are specified geographic areas designated by local governments and certified by the Department of Economic Development. Zone designation is based on certain demographic criteria, the potential to create sustainable jobs in a targeted industry and a demonstrated impact on local cluster development.
EDITOR'S NOTE: Aren't we all excited over this? --the chance to get another minimum wage job; tax credits instead of state income and the possibility of more phone calls at dinner time. We hope the credits at least are tied into the job creation and have a time limit. We often wonder whether the credits are rescinded when the company doesn't make good on the promise of added employment.....
Comments