Urban Enterprise Zones

Businesses in designated Urban Enterprise Zones can qualify for reduced sales taxes and certain tax credits.

Businesses can receive sales tax exemptions on equipment and supplies, including building materials and corporate tax credits for hiring designated employee groups. Additionally, qualified retail businesses may charge 50 percent of the mandated six percent sales tax on "in person" customer purchases, leaving revenue generated from the three percent sales tax earmarked for economic development and public service improvements within the respective Urban Enterprise Zone.