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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 | $667,606,336 | 357 |
| Federal (grants and allocated tax credits) | $1,019,433,015 | 219 |
| TOTAL | $1,687,039,351 | 576 |
| 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) | $29,683,311,253 | 319 |
| TOTAL | $29,700,311,253 | 322 |
Time Period for State and Local Awards: Earliest year of data: 1971. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
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.
For more details on misconduct by this company, see its entry in the Project On Government Oversight's
Federal Contractor Misconduct Database.
| 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 | $59,159,322 | 42 |
| New York | $21,359,974 | 67 |
| All other | $106,618,151 | 214 |
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 |
| 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 |
| 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 | Maine | state | 2021 | $46,256 | | property tax abatement |
| Hydril Company | Louisiana | state | 2008 | $577,930 | | property tax abatement |
| General Electric Company | Louisiana | state | 2008 | $178,356 | | property tax abatement |
| Hydril Company | Louisiana | state | 2008 | $98,278 | | property tax abatement |
| BJ Services Company, USA | Louisiana | state | 2008 | $31,241 | | property tax abatement |
| General Electric Company | Louisiana | state | 2009 | $195,515 | | property tax abatement |
| BJ Services Company, USA | Louisiana | state | 2009 | $6,934 | | property tax abatement |
| General Electric Company | Louisiana | state | 2010 | $104,474 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | state | 2010 | $20,258 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | state | 2010 | $7,217 | | property tax abatement |
| General Electric Company | Louisiana | state | 2011 | $152,043 | | property tax abatement |
| Hydril Company | Louisiana | state | 2011 | $15,995 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | state | 2012 | $8,487 | | property tax abatement |
| General Electric Company | Louisiana | state | 2012 | $39,978 | | property tax abatement |
| Dresser, Inc. | Louisiana | state | 2012 | $69,208 | | property tax abatement |
| Dresser, Inc. | Louisiana | state | 2013 | $52,340 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | state | 2013 | $15,446 | | property tax abatement |
| General Electric Company | Louisiana | state | 2013 | $392,507 | | property tax abatement |
| Dresser, Inc. | Louisiana | local | 2014 | $184,536 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | local | 2014 | $53,927 | | property tax abatement |
| General Electric Company | Louisiana | local | 2014 | $366,634 | | property tax abatement |
| GE Grid Solutions, LLC | Louisiana | state | 2016 | $117,295 | | property tax abatement |
| General Electric Company | Louisiana | state | 2016 | $201,744 | | property tax abatement |
| B J Services Company, U.S.A. | Kentucky | state | 2006 | $850,000 | | tax credit/rebate |
| Alstom Power Inc | Kansas | state | 2011 | $15,385 | | training reimbursement |
| GE Aviation Services | Kansas | state | 2011 | $351,383 | | training reimbursement |
| General Electric Co | Iowa | state | 2010 | $2,000,000 | | grant |
| General Electric Company | Iowa | state | 2015 | $930,000 | | grant |
| GENERAL ELECTRIC CREDIT CORP OF TENN | Indiana | local | 2007 | undisclosed | | property tax abatement |
| General Electric Company | Indiana | state | 2014 | $1,700,000 | | grant |
| General Electric Company | Indiana | state | 2014 | $332,000 | | training reimbursement |
| General Electric Company | Indiana | state | 2014 | $3,810,000 | | tax credit/rebate |
| General Electric Company | Georgia | state | 2019 | $1,500,000 | | grant |
| General Electric Company | Georgia | state | 2019 | $2,250,000 | | grant |
| GE Power Systems | Florida | state | 2000 | $666,951 | | grant |
| Unison Industries, LLC | Florida | state | 2011 | $50,000 | | training reimbursement |
| Unison Industries | Florida | state | 2012 | $50,000 | | training reimbursement |
| GE Clinical Services | Florida | state | 2001 | $800,000 | | tax credit/rebate |
| GE Generators (Pensacola), LLC | Florida | state | 2001 | $480,000 | | tax credit/rebate |
| GE Generators (Pensacola), LLC | Florida | state | 2000 | $804,000 | | tax credit/rebate |
| GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | | tax credit/rebate |
| General Electric | Florida | local | 2015 | $6,600,000 | | grant |
| General Electric | Florida | local | 2015 | $3,000,000 | | grant |
| General Electric | Florida | local | 2015 | $500,000 | | grant |
| General Electric Company | Florida | state | 2016 | $2,000,000 | | tax credit/rebate |
| General Electric Company | Florida | state | 2015 | $2,500,000 | | grant |
| GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
| Alstom Power Inc. | Connecticut | state | 2011 | $3,000,000 | | grant/loan hybrid program |
| Alstom Power, Inc. | Connecticut | state | 2015 | undisclosed | | Enterprise Zone |
| GE HITACHI NUCLEAR ENERGY AMERICAS LLC | California | local | 2012 | undisclosed | | tax credit/rebate |
| L M WINDPOWER BLADES | Arkansas | state | 2010 | $1,364,486 | | tax credit/rebate |
| LM WIND POWER BLADES (ARKANSAS) INC | Arkansas | state | 2010 | $733,360 | | tax credit/rebate |
| LM Wind Power Blades, (Arkansas), Inc. | Arkansas | state | 2010 | $4,160 | | training reimbursement |
| LM Wind Power | Arkansas | state | | $30,084 | | tax credit/rebate |
| General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
| GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
| GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
| GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
| GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
| General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
