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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 | $662,229,080 | 343 |
| Federal (grants and allocated tax credits) | $988,327,326 | 223 |
| TOTAL | $1,650,556,406 | 566 |
| 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 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.
| 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 | $101,644,138 | 222 |
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 | | federal | 2005 | $501,164 | | Federal Grant |
| General Electric Company | | federal | 2005 | $460,778 | | Federal Grant |
| General Electric Company | | federal | 2005 | $31,315,237 | | Federal Grant |
| General Electric Global Research Center | New York | local | 2004 | $92,326 | | Tax Credit/Rebate and Property Tax Abatement |
| BJ Services Co USA | Texas | state | 2004 | undisclosed | | Property Tax Abatement |
| Ecolochem Inc | Texas | state | 2004 | undisclosed | | Property Tax Abatement |
| IDX Systems Corporation and Subsidiaries | Vermont | state | 2004 | $3,759,522 | | Tax Credit/Rebate and Property Tax Abatement |
| General Electric Energy Rentals, Inc. | | federal | 2004 | undisclosed | $540,000 | Federal Insurance |
| General Electric Energy Rentals, Inc. | | federal | 2004 | undisclosed | $9,180,000 | Federal Insurance |
| Everest VIT, Inc. | New York | state | 2004 | $59,000 | | Enterprise Zone |
| Unison Industries, LLC | New York | state | 2004 | $49,683 | | Enterprise Zone |
| General Electric Company | | federal | 2004 | $2,392,646 | | Federal Grant |
| Ge Steam Power Inc | | federal | 2004 | $1,225,868 | | Federal Grant |
| SMITHS AEROSPACE INC | Michigan | local | 2003 | undisclosed | | Property Tax Abatement |
| General Electric Company | North Carolina | state | 2003 | $7,533,327 | | Grant |
| General Electric Global Research Center | New York | local | 2003 | $880,513 | | Tax Credit/Rebate and Property Tax Abatement |
| BJ Services Co USA | Texas | state | 2003 | undisclosed | | Property Tax Abatement |
| Ecolochem Inc | Texas | state | 2003 | undisclosed | | Property Tax Abatement |
| GE Energy Rentals Inc. | | federal | 2003 | undisclosed | $12,314,398 | Federal Insurance |
| GE Energy Rentals, Inc. | | federal | 2003 | undisclosed | $12,103,321 | Federal Insurance |
| Everest VIT, Inc. | New York | state | 2003 | $35,345 | | Enterprise Zone |
| Generalelectric Company | | federal | 2003 | $277,120 | | Federal Grant |
| General Electric Company | | federal | 2003 | $682,579 | | Federal Grant |
| General Electric Co | | federal | 2003 | $414,210 | | Federal Grant |
| BJ Services Co USA | Texas | state | 2002 | undisclosed | | Property Tax Abatement |
| Ecolochem Inc | Texas | state | 2002 | undisclosed | | Property Tax Abatement |
| General Electric International, Inc. | | federal | 2002 | undisclosed | $9,000,000 | Federal Insurance |
| Everest VIT, Inc. | New York | state | 2002 | $94,556 | | Enterprise Zone |
| Unison Industries, LLC | New York | state | 2002 | $10,000 | | Enterprise Zone |
| JOHNSON TECHNOLOGY INC. | Michigan | local | 2001 | undisclosed | | Property Tax Abatement |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | | Tax Credit/Rebate |
| BJ Services Co USA | Texas | state | 2001 | undisclosed | | Property Tax Abatement |
| Ecolochem Inc | Texas | state | 2001 | undisclosed | | Property Tax Abatement |
| GE Clinical Services | Florida | state | 2001 | $800,000 | | Tax Credit/Rebate |
| GE Generators (Pensacola), LLC | Florida | state | 2001 | $480,000 | | Tax Credit/Rebate |
| Unison Industries, LLC | New York | state | 2001 | $10,000 | | Enterprise Zone |
| Johnson Technology, Inc. | Michigan | state | 2001 | undisclosed | | Property Tax Abatement |
| Dresser, LLC | | federal | 2001 | $3,925,769 | | Federal Grant |
| Dresser, LLC | | federal | 2001 | $10,629,120 | | Federal Grant |
| JOHNSON TECHNOLOGY, INC. | Michigan | local | 2000 | undisclosed | | Property Tax Abatement |
| BJ Services Co USA | Texas | state | 2000 | undisclosed | | Property Tax Abatement |
| GE Power Systems | Florida | state | 2000 | $666,951 | | Grant |
| Ecolochem, Inc. | Texas | local | 2000 | undisclosed | | Tax Credit/Rebate |
| GE Generators (Pensacola), LLC | Florida | state | 2000 | $804,000 | | Tax Credit/Rebate |
| General Electric Company | | federal | 2000 | $941,060 | | Federal Grant |
| GE Capital Financial Service Corporation | Ohio | state | 1999 | undisclosed | | Tax Credit/Rebate |
| JOHNSON TECHNOLOGY INC | Michigan | local | 1998 | undisclosed | | Property Tax Abatement |
| SMITHS INDUSTRIES AEROSPACE/DEFENSE | Michigan | local | 1998 | undisclosed | | Property Tax Abatement |
| JOHNSON TECHNOLOGY INC. | Michigan | local | 1998 | undisclosed | | Property Tax Abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 1998 | undisclosed | | Property Tax Abatement |
| IDX Systems Corporation and Subsidiaries | Vermont | state | 1998 | $7,587,670 | | Tax Credit/Rebate and Property Tax Abatement |
| GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | | Tax Credit/Rebate |
| GE Capital Financial Service Corporation et al. | Ohio | state | 1996 | undisclosed | | Tax Credit/Rebate |
| SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INC | Michigan | local | 1992 | 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 | Michigan | state | 1971 | undisclosed | | Property Tax Abatement |
| Smiths Aerospace | North Carolina | state | | $2,384,000 | | Grant |
| General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $500,000 | | Training Reimbursement |
| GE Infrastructure Rail | Pennsylvania | state | | $249,880 | | Training Reimbursement |
| General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $1,000,000 | | Grant |
| General Electric Company | Pennsylvania | state | | $350,000 | | Grant |
