Basic Search
|
Geographic Searches
|
Advanced Search |
Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: General Electric
Ownership Structure: publicly traded (ticker symbol NYSE: GE)
Headquartered in: Massachusetts
Major Industry: diversified
Specific Industry: diversified
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $662,133,380 | 342 |
| Federal (grants and allocated tax credits) | $988,327,326 | 223 |
| TOTAL | $1,650,460,706 | 565 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $17,000,000 | 3 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $29,649,881,614 | 319 |
| TOTAL | $29,666,881,614 | 322 |
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Ohio | $245,429,889 | 20 |
| Massachusetts | $145,000,000 | 1 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,591,633 | 45 |
| Maine | $20,524,420 | 42 |
| All other | $101,548,438 | 221 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source  | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
| General Electric Company | North Carolina | state | 2015 | $284,638 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2016 | $1,151,281 | | tax credit/rebate |
| GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
| General Electric Company | Florida | state | 2016 | $2,000,000 | | tax credit/rebate |
| General Electric Company | Florida | state | 2015 | $2,500,000 | | grant |
| Everest VIT, Inc. | New York | state | 2004 | $59,000 | | enterprise zone |
| Everest VIT, Inc. | New York | state | 2005 | $1,215,000 | | enterprise zone |
| Everest VIT, Inc. | New York | state | 2002 | $94,556 | | enterprise zone |
| Everest VIT, Inc. | New York | state | 2003 | $35,345 | | enterprise zone |
| GE MDS, LLC | New York | state | 2008 | $72,507 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2004 | $49,683 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2001 | $10,000 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2002 | $10,000 | | enterprise zone |
| General Electric | Virginia | state | 2013 | $350,000 | | grant |
| General Electric Company | West Virginia | state | 2010 | undisclosed | | tax credit/rebate |
| General Electric Company of VA | West Virginia | state | 2010 | undisclosed | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2010 | undisclosed | | tax credit/rebate |
| General Electric Company | Iowa | state | 2015 | $930,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant |
| GE EQUIP MIDTICKET LLC 2013 1 | Maine | state | 2017 | $1,056 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2017 | $1,101 | | property tax abatement |
| GE EQUIPMENT MIDTICKET LLC SER 2012 | Maine | state | 2017 | $2,099 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2017 | $3,121 | | property tax abatement |
| GE CAPITAL COMMERCIAL INC | Maine | state | 2017 | $12,469 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2017 | $370,653 | | property tax abatement |
| GE Aviation Muskegon | Michigan | state | 2016 | $800,000 | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2008 | undisclosed | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2008 | undisclosed | | tax credit/rebate |
| GENERAL ELECTRIC COMPANY | Maine | state | 2018 | $160,054 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2019 | $160,054 | | property tax abatement |
| General Electric Company | North Carolina | state | 2017 | $178,000 | | grant |
| General Electric Company | North Carolina | state | 2018 | $143,000 | | grant |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2017 | $61,780 | | tax credit/rebate |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2018 | $49,958 | | tax credit/rebate |
| General Electric Company | Ohio | state | 2013 | $22,000,000 | | tax credit/rebate |
| GENERAL ELECTRIC | Oklahoma | state | 2018 | $635,241 | | tax credit/rebate |
| GE | Oklahoma | state | 2013 | $3,000,000 | | grant |
| General Electric Company | Georgia | state | 2019 | $1,500,000 | | grant |
| General Electric Company | Georgia | state | 2019 | $2,250,000 | | grant |
| Datex-Ohmeda, Inc. | Maryland | state | 2021 | $2,767 | | tax credit/rebate |
| General Electric Company | Maryland | state | 2021 | $8,107 | | tax credit/rebate |
| General Electric Company | Michigan | state | 1971 | undisclosed | | property tax abatement |
| Johnson Technology, Inc. | Michigan | state | 2001 | undisclosed | | property tax abatement |
| Smiths Ind. Aerospace & Defense | Michigan | state | 1991 | undisclosed | | property tax abatement |
| Smiths Ind. Aerospace & Defense | Michigan | state | 1991 | undisclosed | | property tax abatement |
| General Electric Company | Maine | state | 2021 | $46,256 | | property tax abatement |
| General Electric Company | South Carolina | state | 2017 | $500,000 | | grant |
| General Electric Company | South Carolina | state | 2022 | undisclosed | | grant |
| General Electric Company | North Carolina | state | 2017 | $77,769 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2019 | $77,769 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2020 | $77,769 | | tax credit/rebate |
| GE Aviation (Asheville) (project 3) | North Carolina | state | 2022 | $140,240 | | training reimbursement |
| GE Aviation (Asheville) (project 4) | North Carolina | state | 2022 | $67,957 | | training reimbursement |
| GE Aviation (West Jefferson) (project 3) | North Carolina | state | 2022 | $82,756 | | training reimbursement |
| General Electric Company | Rhode Island | state | 2016 | $650,000 | | grant |
| General Electric Company | Rhode Island | state | 2016 | $4,591,700 | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2011 | undisclosed | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2011 | undisclosed | | tax credit/rebate |
| General Electric | Maine | state | 2020 | $60,160 | | training reimbursement |
| GE Aviation (Asheville) (project 4) | North Carolina | state | 2023 | $169,593 | | training reimbursement |
| GE Aviation (West Jefferson) (project 3) | North Carolina | state | 2023 | $212,718 | | training reimbursement |
