Border-Cities Enterprise Zone Program
The Border-Cities Enterprise Zone Program provides business tax credits (property tax credits, debt financing credit on new construction, sales tax credit on construction equipment and materials, and new or existing employee credits) to qualifying businesses that are the source of investment, development, and job creation or retention in the Border-Cities Enterprise Zone cities of Breckenridge, Dilworth, East Grand Forks, Moorhead, and Ortonville.
Businesses locating or existing in those cities are eligible, excluding a recreation or entertainment facility, one owned by a fraternal or veteran's organization, one owned by a public utility, one used in operation of a financial institution, or one owned by a retail food or beverage service business operating under a franchise agreement requiring the business to be located in the state.
Businesses apply for tax credits through the local Enterprise Zone administrators.
For additional information, contact Kristin Lukes at 651-259-7449 or toll-free at 800-657-3858. See also: Border-Cities Enterprise Zone Program - Annual Program Summary, primarily for legislators.