2025 - Legislative Update

The Hickey Institute’s “US Credits & Incentives Update - Spring 2025 Report” provides a comprehensive overview of the evolving economic development incentives landscape nationwide. ​ As big changes occur with federal funding resources, state and local governments are stepping up to fill the gaps, introducing innovative programs to attract businesses, create jobs, and drive regional growth. ​ The report highlights key trends, legislative updates, and emerging opportunities that economic developers and businesses should understand to remain competitive. ​

The shifting economic landscape presents both challenges and opportunities.  Understanding these changes is crucial for businesses and economic developers to maximize incentives, mitigate risks, and drive sustainable growth.  Whether leveraging new tax credits, navigating compliance requirements, or identifying the best locations for investment, staying informed is key to success. Insights in the document cover all aspects of development from energy and infrastructure to compliance trends and state-specific highlights detailing priority incentive programs and their associated investment criteria.

Economic developers seeking guidance about thriving in this dynamic environment should connect with Hickey Global. ​ As a team of economic developers with access to some of the nation’s leading site selection professionals, we’re equipped to help communities build incentive solutions that meet the demands of the day, account for public interests and the stewardship of public funds, and call for objective, but not cumbersome, compliance measures. Connect with our team today and download the report.