Incentives Directory

Gallup, McKinley County & NM Incentives Chart


Allowable Uses

City, County, & State GroupingsLandBuildingEquipmentUtilitiesWorkforceJob Creation
CITY OF GALLUP

 n/a

 n/a

  n/a

  n/a

  n/a

 n/a 

Local Economic Development Act

 ✓

✓ 

 ✓

 

 

 

Industrial Revenue Bond

 ✓

 ✓

 ✓

 

 

 

Gross Receipts Investment Policy

 

 

 

 ✓

 

 

Electric Rate Ordinance

 

 

 

 ✓

 

 

McKINLEY COUNTY

 n/a

 n/a

 n/a

 n/a

 n/a

 n/a

Local Economic Development Act

 ✓

 ✓

 ✓

 

 

 

Industrial Revenue Bond

 ✓

 ✓

 ✓

 

 

 

STATE OF NEW MEXICO

 n/a

 n/a

 n/a

 n/a

 n/a

 n/a

Local Economic Development Act - Capital Outlay

 ✓

 ✓

 ✓

 

 

 

Job Training Incentive Program

 

 

 

 

 

 ✓

Step Up Program

 

 

 

 

 ✓

 

Rural Jobs Tax Credit

 

 

 

 

 

 ✓

High Wage Jobs Tax Credit 

 

 

 

 

 

 ✓

GRT Deduction for Manufacturers

 

 

 ✓

 ✓

 

 

Investment Tax Credit

 

 

 ✓

 

 

 ✓

New Markets Tax Credit

 ✓

 ✓

 ✓

 

 

 

Child Care Income Tax Credit

 

 

 

 

 ✓

 


Form of Support

City, County, & State GroupingsGrantLoanReimbursementAbatementDeductionCredit
CITY OF GALLUP n/a n/a n/a n/a n/a n/a
Local Economic Development Act

 

 

 

 

Industrial Revenue Bond

 

 

 

 

Gross Receipts Investment Policy

 

 

 

 

Electric Rate Ordinance

 

 

 

 

 

McKINLEY COUNTY

 n/a

 n/a

 n/a

 n/a

 n/a

 n/a

Local Economic Development Act

 

 

 

 

Industrial Revenue Bond

 

 

 

 

STATE OF NEW MEXICO

 n/a

 n/a

 n/a

 n/a

 n/a

 n/a

Local Economic Development Act - Capital Outlay

 

 

 

 

Job Training Incentive Program

 

 

 

 

Step Up Program

 

 

 

 

 

Rural Jobs Tax Credit

 

 

 

 

 

High Wage Jobs Tax Credit 

 

 

 

 

GRT Deduction for Manufacturers

 

 

 

 

 

Investment Tax Credit

 

 

 

 

 

New Markets Tax Credit

 

 

 

 

Child Care Income Tax Credit