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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 | $667,511,878 | 355 |
Federal (grants and allocated tax credits) | $1,861,681,683 | 911 |
TOTAL | $2,529,193,561 | 1,266 |
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 | $59,564,864 | 41 |
New York | $21,359,974 | 67 |
All other | $106,118,151 | 213 |
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 | United States | federal | 2019 | $5,529,112 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $5,597,779 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $5,612,953 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $5,768,172 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2019 | $5,876,112 | | federal grant |
General Electric Company | United States | federal | 2023 | $5,889,997 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2018 | $5,910,304 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2016 | $5,999,948 | | federal grant |
GENERAL ELECTRIC CO POWER GENERATION | United States | federal | 2000 | $6,139,958 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $6,174,970 | | federal grant |
General Electric Consumer & Industrial | United States | federal | 2010 | $6,491,160 | | federal allocated tax credit |
GENERAL ELECTRIC COMPANY | United States | federal | 2022 | $6,491,957 | | federal grant |
General Electric Company | United States | federal | 2023 | $6,491,957 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2018 | $6,564,478 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2019 | $6,564,478 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2020 | $6,564,478 | | federal grant |
General Electric Company | United States | federal | 2023 | $6,564,478 | | federal grant |
General Electric | Florida | local | 2015 | $6,600,000 | | grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2019 | $6,608,516 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2020 | $6,608,516 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $6,712,050 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2020 | $6,824,098 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2022 | $6,824,098 | | federal grant |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2007 | $7,020,265 | | federal grant |
General Electric Company | United States | federal | 2023 | $7,312,139 | | federal grant |
GE STEAM POWER, INC. | United States | federal | 2021 | $7,344,823 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $7,505,640 | | federal grant |
General Electric Company | North Carolina | state | 2003 | $7,533,327 | | grant |
IDX Systems Corporation and Subsidiaries | Vermont | state | 1998 | $7,587,670 | | tax credit/rebate; property tax abatement |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $7,803,993 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $8,242,542 | | federal grant |
GE Aviation | Mississippi | state | 2010 | $8,461,500 | | grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $8,617,402 | | federal grant |
ALSTOM POWER INC | United States | federal | 2010 | $10,000,000 | | federal grant |
ALSTOM POWER INC. | United States | federal | 2019 | $10,269,224 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2018 | $10,269,791 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2018 | $10,843,324 | | federal grant |
General Electric Company | United States | federal | 2010 | $11,860,058 | | federal allocated tax credit |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2010 | $13,404,221 | | federal grant |
General Electric | Maine | local | 2011 | $14,273,135 | | tax increment financing |
GENERAL ELECTRIC CO POWER GENERATION | United States | federal | 2000 | $14,373,000 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $14,600,000 | | federal grant |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2008 | $15,000,000 | | federal grant |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2009 | $17,000,000 | | federal grant |
General Electric Lighting, Inc | United States | federal | 2010 | $19,831,680 | | federal allocated tax credit |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2008 | $20,000,000 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $20,724,165 | | federal grant |
General Electric Company | Ohio | state | 2013 | $22,000,000 | | tax credit/rebate |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2007 | $22,312,500 | | federal grant |
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC | United States | federal | 2007 | $22,312,500 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2022 | $22,733,699 | | federal grant |
General Electric Gas Turbines (Greenville) LLC | United States | federal | 2010 | $26,862,000 | | federal allocated tax credit |
GENERAL ELECTRIC COMPANY | United States | federal | 2018 | $27,953,319 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2020 | $27,953,319 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $30,453,005 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2010 | $31,315,237 | | federal grant |
GE-Hitachi Nuclear Energy Americas LLC | North Carolina | state | 2008 | $34,277,000 | | grant |
General Electric Company | United States | federal | 2023 | $34,758,296 | | federal grant |
General Electric Company | United States | federal | 2023 | $34,758,296 | | federal grant |
THE GENERAL ELECTRIC COMPANY | Ohio | state | 2014 | $51,657,853 | | tax credit/rebate |
GENERAL ELECTRIC COMPANY | United States | federal | 2021 | $57,464,644 | | federal grant |
GENERAL ELECTRIC COMPANY | United States | federal | 2017 | $57,952,500 | | federal grant |
General Electric Company | Michigan | state | 2009 | $73,934,000 | | tax credit/rebate |
General Electric | Michigan | state | 2009 | $76,200,000 | | MEGADEAL  |
General Electric | Ohio | multiple | 2014 | $98,000,000 | | MEGADEAL  |
General Electric Company | Ohio | state | 2009 | $115,335,000 | | tax credit/rebate |
General Electric | Ohio | multiple | 2009 | $121,000,000 | | MEGADEAL  |
General Electric | Massachusetts | multiple | 2016 | $145,000,000 | | MEGADEAL  |