Inducement Period
| Total Points | Percentage of Inducement | *Length of Inducement (Ad Valorem Taxes Only) |
|---|---|---|
| 40 to 49 points | 50% exemption | 5 years |
| 50 to 59 points | 60% exemption | 6 years |
| 60 to 69 points | 70% exemption | 7 years |
| 70 to 79 points | 80% exemption | 8 years |
| 80 to 89 points | 90% exemption | 9 years |
| 90 to 99 points | 100% exemption | 10 years |
*An amount equal to the ad valorem taxes will be paid by city, and matched by the county, to the business over a period of four to ten years. An amount equal to the appropriate development fees will be paid in lump sum.
For additional information contact the Economic Development Council of Tallahassee/Leon County, Inc. (850) 224-8116