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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 | $695,810,469 | 389 |
| Federal (grants and allocated tax credits) | $2,137,798,988 | 1,218 |
| TOTAL | $2,833,609,457 | 1,607 |
| 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: 1992. 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 | $245,435,787 | 21 |
| Massachusetts | $148,150,000 | 2 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,564,864 | 41 |
| New York | $43,817,012 | 78 |
| All other | $108,803,806 | 234 |
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 Rotterdam | New York | local | 2016 | $381,194 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2016 | $93,040 | | tax credit/rebate |
| GE Energy Learning Center | New York | local | 2016 | $26,412 | | tax credit/rebate |
| GE R&D 2005 | New York | local | 2016 | $7,034 | | tax credit/rebate |
| GE Healthcare IITS USA Corp. | Pennsylvania | state | 2017 | $43,118 | | tax credit/rebate |
| GE Healthcare Bio-Sciences Corp. | Massachusetts | state | 2015 | $3,150,000 | | tax credit/rebate |
| GE Aviation Muskegon | Michigan | state | 2016 | $800,000 | | tax credit/rebate |
| G E HealthCare | New York | local | 2017 | $1,272,707 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2017 | $405,341 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2017 | $74,599 | | tax credit/rebate |
| LM Wind Power | Arkansas | state | | $30,084 | | 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 |
| GE Healthcare, a division of GE | New York | Local | 2018 | $1,270,547 | | tax credit/rebate |
| General Electric Company | New York | Local | 2018 | $151,889 | | tax credit/rebate |
| GE Aviation/GL | New York | Local | 2018 | $55,854 | | tax credit/rebate |
| 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 |
| GE Healthcare | Utah | state | 2019 | $254,554 | | tax credit/rebate |
| General Electric Company | Ohio | state | 2013 | $22,000,000 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2019 | $375,212 | | tax credit/rebate |
| G E HealthCare | New York | local | 2019 | $1,176,508 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2019 | $37,541 | | tax credit/rebate |
| GENERAL ELECTRIC | Oklahoma | state | 2018 | $635,241 | | tax credit/rebate |
| G E HealthCare | New York | local | 2020 | $1,122,557 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2020 | $19,161 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2020 | $355,166 | | tax credit/rebate |
| Datex-Ohmeda, Inc. | Maryland | state | 2021 | $2,767 | | tax credit/rebate |
| GE Healthcare IITS USA Corp. | Maryland | state | 2021 | $6,090 | | tax credit/rebate |
| General Electric Company | Maryland | state | 2021 | $8,107 | | tax credit/rebate |
| 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 | Maine | state | 2010 | $795,099 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2010 | $54,165 | | property tax abatement |
| GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2010 | $28,897 | | property tax abatement |
| SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INC | Michigan | local | 1992 | undisclosed | | property tax abatement |
| 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 |
| JOHNSON TECHNOLOGY, INC. | Michigan | local | 2000 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC. | Michigan | local | 2001 | undisclosed | | property tax abatement |
| SMITHS AEROSPACE INC | Michigan | local | 2003 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| SMITHS AEROSPACE LLC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| General Electric Company | Michigan | state | 2010 | $480,000 | | property tax abatement |
| BJ Services Co USA | Texas | state | 2000 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2001 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2001 | undisclosed | | property tax abatement |
| Alstom Power Incorporated | Texas | state | 2002 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2002 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2002 | undisclosed | | property tax abatement |
| Alstom Power Incorporated | Texas | state | 2003 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2003 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2003 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2004 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2004 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2005 | undisclosed | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2009 | $980,789 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP O | Maine | state | 2009 | $109,272 | | property tax abatement |
| GE COMMERCIAL EQUIPMENT HOLDIN | Maine | state | 2009 | $60,677 | | property tax abatement |
| GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2011 | $8,101 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2011 | $669,614 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2011 | $18,616 | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2007 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2008 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY,INC. | Michigan | local | 2008 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2010 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2010 | undisclosed | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Michigan | local | 2010 | undisclosed | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Michigan | local | 2010 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| General Electric Co. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| General Electric Co. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| General Electric Company | Louisiana | state | 2011 | $152,043 | | property tax abatement |
| Hydril Company | Louisiana | state | 2011 | $15,995 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2012 | $23,836 | | property tax abatement |
| GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2012 | $2,500 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2012 | $1,268 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2012 | $662,786 | | 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 |
| GENERAL ELECTRIC CREDIT CORP OF TENN | Indiana | local | 2007 | $597,900 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2013 | $6,552 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2013 | $327,560 | | property tax abatement |
| THE MEMPHIS GROUP INC | Tennessee | local | 2008 | $4,111 | | property tax abatement |
| GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2009 | $3,343 | | property tax abatement |
| GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2010 | $2,920 | | property tax abatement |
