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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 | $662,133,380 | 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 |
GE R&D 2003 | New York | local | 2012 | $144,468 | | tax credit/rebate; property tax abatement |
GE R&D 2003 | New York | local | 2013 | $148,995 | | tax credit/rebate; property tax abatement |
General Electric Company | New York | Local | 2018 | $151,889 | | tax credit/rebate |
General Electric Company | Louisiana | state | 2011 | $152,043 | | property tax abatement |
GE Aviation/GL II Assoc. | New York | local | 2011 | $156,450 | | tax credit/rebate; property tax abatement |
GE Aviation/GL II Assoc. | New York | local | 2012 | $156,450 | | tax credit/rebate; 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 |
GE MDS, LLC | New York | state | 2007 | $169,078 | | enterprise zone |
GE Aviation (Asheville) (project 4) | North Carolina | state | 2023 | $169,593 | | training reimbursement |
GENERAL ELECTRIC CO | Ohio | state | 2011 | $172,750 | | grant |
GE Aviation | Mississippi | state | 2015 | $175,000 | | training reimbursement |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $177,133 | | grant |
General Electric Company | North Carolina | state | 2017 | $178,000 | | grant |
GE R&D General Electric Global Reaserch Center | New York | local | 2006 | $178,338 | | tax credit/rebate; property tax abatement |
General Electric Company | Louisiana | state | 2008 | $178,356 | | property tax abatement |
General Electric Company | United States | federal | 2019 | $180,828 | | federal grant |
Dresser, Inc. | Louisiana | local | 2014 | $184,536 | | property tax abatement |
General Electric Company | Louisiana | state | 2009 | $195,515 | | property tax abatement |
General Electric Company | Louisiana | state | 2016 | $201,744 | | property tax abatement |
Johnson Technology Inc. | Michigan | state | 2010 | $202,000 | | tax credit/rebate |
GENERAL ELECTRIC CO | Ohio | state | 2011 | $207,000 | | grant |
I D X SYSTEMS CORP | Washington | state | 2005 | $207,073 | | tax credit/rebate |
GE Aviation (West Jefferson) (project 3) | North Carolina | state | 2023 | $212,718 | | training reimbursement |
General Electric Company | North Carolina | state | 2016 | $228,974 | | tax credit/rebate |
General Electric Company | United States | federal | 2018 | $249,661 | | federal grant |
GE Infrastructure Rail | Pennsylvania | state | | $249,880 | | training reimbursement |
General Electric Aviation | Vermont | state | 2010 | $250,000 | | training reimbursement |
General Electric Aviation | Vermont | state | 2011 | $250,000 | | training reimbursement |
GENERAL ELECTRIC CO | Ohio | state | 2012 | $250,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2014 | $250,000 | | grant |
General Electric Company | North Carolina | state | 2011 | $259,046 | | tax credit/rebate |
General Electric Company | United States | federal | 2008 | $263,442 | | federal grant |
General Electric Company | North Carolina | state | 2015 | $265,836 | | tax credit/rebate |
Generalelectric Company | United States | federal | 2003 | $277,120 | | federal grant |
GE R&D 2005 | New York | local | 2007 | $277,196 | | tax credit/rebate; property tax abatement |
General Electric Company | North Carolina | state | 2015 | $284,638 | | tax credit/rebate |
GE Rotterdam | New York | local | 2021 | $291,183 | | tax credit/rebate |
GE R&D 2003 | New York | local | 2010 | $292,644 | | tax credit/rebate; property tax abatement |
General Electric Co. | North Carolina | state | 2012 | $296,127 | | tax credit/rebate |
General Electric | North Carolina | state | 2008 | $300,000 | | grant |
General Electric Company | Virginia | state | 2012 | $302,000 | | training reimbursement |
GE R&D 2005 | New York | local | 2012 | $325,146 | | tax credit/rebate; property tax abatement |
GENERAL ELECTRIC COMPANY | Maine | state | 2013 | $327,560 | | property tax abatement |
General Electric Company | Indiana | state | 2014 | $332,000 | | training reimbursement |
GE R&D General Electric Global Research Center | New York | local | 2005 | $335,748 | | tax credit/rebate; property tax abatement |
General Electric Company | United States | federal | 2017 | $336,664 | | federal grant |
GE R&D 2005 | New York | local | 2011 | $346,685 | | tax credit/rebate; property tax abatement |
GE R&D 2005 | New York | local | 2010 | $348,902 | | tax credit/rebate; property tax abatement |
General Electric Company | Pennsylvania | state | | $350,000 | | grant |
General Electric | Virginia | state | 2013 | $350,000 | | grant |
General Electric | Virginia | state | 2013 | $350,000 | | grant |
GE Aviation Services | Kansas | state | 2011 | $351,383 | | training reimbursement |
GE Rotterdam | New York | local | 2020 | $355,166 | | tax credit/rebate |
General Electric Company | Pennsylvania | state | 2010 | $363,475 | | tax credit/rebate |
General Electric Company | Louisiana | local | 2014 | $366,634 | | property tax abatement |
GE R&D 2005 | New York | local | 2008 | $370,495 | | tax credit/rebate; property tax abatement |
GENERAL ELECTRIC COMPANY | Maine | state | 2017 | $370,653 | | property tax abatement |
GE-Hitachi Nuclear Energy Holdings, LLC | North Carolina | state | 2011 | $371,917 | | tax credit/rebate |
General Electric Company | United States | federal | 2023 | $374,457 | | federal grant |
GE Rotterdam | New York | local | 2019 | $375,212 | | tax credit/rebate |
General Electric Company | North Carolina | state | 2014 | $375,804 | | tax credit/rebate |
GE-Hitachi Nuclear Energy Holdings, LLC | North Carolina | state | 2012 | $377,771 | | tax credit/rebate |
GE Rotterdam | New York | local | 2016 | $381,194 | | tax credit/rebate |
General Electric Company | United States | federal | 2006 | $383,458 | | federal grant |
GE Rotterdam | New York | local | 2022 | $383,590 | | tax credit/rebate |
GENERAL ELECTRIC COMPANY | Maine | state | 2016 | $385,775 | | property tax abatement |
General Electric Company | Louisiana | state | 2013 | $392,507 | | property tax abatement |
GE Rotterdam | New York | local | 2017 | $405,341 | | tax credit/rebate |
Ge Steam Power Inc | United States | federal | 2014 | $413,620 | | federal grant |
General Electric Co | United States | federal | 2003 | $414,210 | | federal grant |
GENERAL ELECTRIC COMPANY | Maine | state | 2015 | $423,011 | | property tax abatement |
GE Rotterdam | New York | local | 2015 | $423,228 | | tax credit/rebate |
General Electric Company | United States | federal | 2018 | $460,696 | | federal grant |
General Electric Company | United States | federal | 2005 | $460,778 | | federal grant |
General Electric Company | United States | federal | 2006 | $471,614 | | federal grant |
General Electric Company | United States | federal | 2009 | $475,467 | | federal grant |
General Electric Company | Michigan | state | 2010 | $480,000 | | property tax abatement |
GE Generators (Pensacola), LLC | Florida | state | 2001 | $480,000 | | tax credit/rebate |
General Electric Company | United States | federal | 2015 | $491,940 | | federal grant |
General Electric Company | United States | federal | 2018 | $493,310 | | federal grant |
General Electric Company | United States | federal | 2014 | $499,755 | | federal grant |
General Electric Company | United States | federal | 2018 | $499,989 | | federal grant |
GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2009 | $500,000 | | training reimbursement |
General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $500,000 | | training reimbursement |
General Electric | Florida | local | 2015 | $500,000 | | grant |
General Electric Company | South Carolina | state | 2017 | $500,000 | | grant |
General Electric Company | United States | federal | 2005 | $501,164 | | federal grant |
Ge Steam Power Inc | United States | federal | 2007 | $501,494 | | federal grant |
General Electric Company | United States | federal | 2016 | $545,290 | | federal grant |
General Electric Company | United States | federal | 2015 | $548,352 | | federal grant |
General Electric Company | Pennsylvania | state | 2014 | $557,873 | | tax credit/rebate |
Ge-Hitachi Nuclear Energy Americas LLC | United States | federal | 2013 | $567,593 | | federal grant |
General Electric Company | United States | federal | 2018 | $570,838 | | federal grant |
General Electric Company | North Carolina | state | 2013 | $573,691 | | tax credit/rebate |
Hydril Company | Louisiana | state | 2008 | $577,930 | | property tax abatement |
General Electric Company | Michigan | state | 2010 | $580,000 | | tax credit/rebate |
General Electric Company | North Carolina | local | 2013 | $585,000 | | grant |
General Electric Company | United States | federal | 2008 | $589,454 | | federal grant |
General Electric Company | United States | federal | 2015 | $595,205 | | federal grant |
General Electric Company | United States | federal | 2005 | $595,395 | | federal grant |