If we apply for one EZ incentive, say, the property tax abatement program, are we then precluded for applying for other elements of the overall program on a later date?
No. For example, a business that carries out improvements to its business property can secure a property tax abatement as relates to the increase in the assessed value applicable to the improvements only. That does not preclude that same business from subsequently applying for the Wage Tax Credit and Investment Tax Credit if it expands its business by hiring available applicants and/or invests in new machinery and equipment, and meets the other criteria for those programs.
Related Questions
- If we apply for one EZ incentive, say, the property tax abatement program, are we then precluded for applying for other elements of the overall program on a later date?
- Can I use the program and still qualify for the city of Erie’s Local Economic Tax Revitalization Abatement (LERTA)?
- Where can I go to find more information on the Grease Abatement Program and ways to "Cease the Grease"?
