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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 Aviation/GL II Assoc. | New York | local | 2013 | $135,874 | | 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 | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| General Electric Company | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| GE Rotterdam | New York | local | 2014 | $129,780 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2014 | $123,547 | | tax credit/rebate |
| GE R&D 2003 | New York | local | 2014 | $49,329 | | tax credit/rebate |
| GE R&D 2005 | New York | local | 2014 | $46,681 | | tax credit/rebate |
| GE Energy Learning Center | New York | local | 2014 | $28,323 | | tax credit/rebate |
| General Electric | Florida | local | 2015 | $6,600,000 | | grant |
| General Electric | Florida | local | 2015 | $3,000,000 | | grant |
| General Electric Company | North Carolina | local | 2013 | $615,000 | | grant |
| General Electric Company | North Carolina | local | 2013 | $585,000 | | grant |
| General Electric | Florida | local | 2015 | $500,000 | | grant |
| General Electric | Oklahoma | local | 2014 | $1,750,000 | | grant |
| GE Energy Learning Center | New York | local | 2015 | $27,062 | | tax credit/rebate |
| GE R&D 2005 | New York | local | 2015 | $27,204 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2015 | $110,240 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2015 | $423,228 | | tax credit/rebate |
| General Electric Company | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| General Electric Company | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| 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 Rotterdam | New York | local | 2017 | $405,341 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2017 | $74,599 | | 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 |
| GE Rotterdam | New York | local | 2019 | $375,212 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2019 | $37,541 | | tax credit/rebate |
| ALSTOM POWER INC - #1 | Tennessee | local | 2010 | $1,232,079 | | property tax abatement |
| ALSTOM POWER INC - #2 | Tennessee | local | 2011 | $335,101 | | property tax abatement |
| ALSTOM POWER INC - #3 | Tennessee | local | 2012 | $565,827 | | property tax abatement |
| 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 |
| GE Rotterdam | New York | local | 2021 | $291,183 | | tax credit/rebate |
| General Electric | Ohio | multiple | 2009 | $121,000,000 | | MEGADEAL  |
| General Electric | Ohio | multiple | 2014 | $98,000,000 | | MEGADEAL |
| General Electric | Massachusetts | multiple | 2016 | $145,000,000 | | MEGADEAL |
| B J Services Company, U.S.A. | Kentucky | state | 2006 | $850,000 | | 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 |
| General Electric Company | Michigan | state | 2010 | $480,000 | | property tax abatement |
| Johnson Technology Inc. | Michigan | state | 2010 | $1,450,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $580,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2009 | $73,934,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2009 | $2,097,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $2,341,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2010 | $2,185,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2010 | $202,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $74,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2010 | $2,820,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $810,000 | | tax credit/rebate |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | | tax credit/rebate |
| GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2008 | $48,219 | | tax credit/rebate |
| GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2009 | $500,000 | | training reimbursement |
| General Electric Company | North Carolina | state | 2003 | $7,533,327 | | grant |
| General Electric Company | North Carolina | state | 2005 | $4,124,000 | | grant |
| GE-Hitachi Nuclear Energy Americas LLC | North Carolina | state | 2008 | $34,277,000 | | grant |
| Smiths Aerospace | North Carolina | state | | $2,384,000 | | grant |
| Smiths Aerospace Components, Inc. | North Carolina | state | 2008 | $77,412 | | tax credit/rebate |
| Smiths Aerospace Components, Inc. | North Carolina | state | 2009 | $34,483 | | tax credit/rebate |
| LM WIND POWER BLADES (ND) INC | North Dakota | state | 2010 | $221,065 | | training reimbursement |
| General Electric | New Hampshire | state | 2011 | $100,000 | | training reimbursement |
| Alstom Power Inc. Air Preheater Company | New York | state | 2007 | $282,000 | | enterprise zone |
| GE MDS, LLC | New York | state | 2007 | $169,078 | | enterprise zone |
| GENERAL ELECTRIC | Ohio | state | 2006 | undisclosed | | enterprise zone |
| General Electric Company | Ohio | state | 2009 | $115,335,000 | | tax credit/rebate |
| 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 | 2008 | $1,451,925 | | tax credit/rebate |
| General Electric Company | Pennsylvania | state | 2009 | $1,363,045 | | tax credit/rebate |
| General Electric Company | Pennsylvania | state | 2010 | $363,475 | | tax credit/rebate |
| 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 |
| IDX Systems Corporation and Subsidiaries | Vermont | state | 1998 | $7,587,670 | | tax credit/rebate; property tax abatement |
