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That, claims Macquarie, gives it an incentive to undertake capital expenditure, since it has a prospect of earning a decent return over the long term.
Jeremy Stein, a Fed governor, recently suggested that this second effect, by itself, may not make a company more inclined to undertake capital spending.
Business owners who undertake capital improvements are often allowed to amortize their costs by keeping a larger percentage of revenue or paying a lower rent in the beginning of the term.
In 2014, OH received federal funding to evaluate their treatment program and undertake capital works.
Committee chairwoman Jocelyn Davies said: "In the current economic climate and against a backdrop of decreasing capital budgets, it is vital that governments are able to use limited resources effectively to undertake capital investment which can act as an important lever to support economic growth".
The EDC aims to incentivize economic development in part through administering the New York City Industrial Development Agency (NYCIDA), a public benefit corporation that helps companies locating or relocating within New York City undertake capital expansions or expand their existing operations in the City.
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A common complaint when undertaking capital projects is the cost of engineered designs that must be added late in the project in order to mitigate hazards or risks.
To address this, school districts will have to sell bonds to undertake large capital construction projects.
"We don't want to undertake another capital campaign that would interfere with Guild Hall's own primary needs," he said.
Would have allowed tenants in rent-stabilized apartments to deduct from their state taxes the rent increases charged when landlords undertake major capital improvements.
Under pressure to lower their debt loads, many companies are in no mood to undertake expensive capital projects.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com