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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Hertz
Ownership Structure: publicly traded (ticker symbol OTC: HTZZ)
Headquartered in: New Jersey
Major Industry: miscellaneous services
Specific Industry: car rentals
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $98,467,943 | 8 |
Federal (grants and allocated tax credits) | $1,311,441 | 4 |
TOTAL | $99,779,384 | 12 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: 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 |
Florida | $98,200,000 | 4 |
Oklahoma | $237,745 | 3 |
Maine | $30,198 | 1 |
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 |
Hertz | Florida | multiple | 2013 | $84,800,000 | | MEGADEAL (Archived) |
The Hertz Corporation | Florida | state | 2014 | $7,000,000 | | grant |
Hertz | Florida | local | 2013 | $4,000,000 | | grant |
The Hertz Corporation | Florida | state | 2014 | $2,400,000 | | tax credit/rebate |
Hertz Corporation | United States | federal | 2013 | $463,772 | | federal grant |
Hertz Corporation | United States | federal | 2013 | $402,089 | | federal grant |
Hertz Corporation | United States | federal | 2011 | $364,539 | | federal grant |
HERTZ CORPORATION #2 | Oklahoma | state | 2007 | $81,950 | | grant |
Hertz Corporation | United States | federal | 2012 | $81,041 | | federal grant |
HERTZ CORPORATION #2 | Oklahoma | state | 2007 | $78,580 | | grant |
HERTZ CORPORATION #2 | Oklahoma | state | 2007 | $77,215 | | grant |
HERTZ EQUIPMENT RENTAL CORPORA | Maine | state | 2009 | $30,198 | | property tax abatement |
The Hertz Corporation | Arizona | local | 2013 | undisclosed | | property tax abatement |
HERTZ MEMPHIS FOUR, LLC | Tennessee | local | 2012 | undisclosed | | property tax abatement |
HERTZ MEMPHIS THREE, LLC | Tennessee | local | 2012 | undisclosed | | property tax abatement |
Hertz Memphis Three, LLC | Tennessee | local | 2013 | undisclosed | | property tax abatement |
Hertz Memphis Four, LLC | Tennessee | local | 2013 | undisclosed | | property tax abatement |
Hertz Memphis Four, LLC | Tennessee | local | 2014 | undisclosed | | property tax abatement |
Hertz Memphis Three, LLC | Tennessee | local | 2014 | undisclosed | | property tax abatement |
Hertz Memphis Four, LLC | Tennessee | local | 2016 | undisclosed | | property tax abatement |
HERTZ MEMPHIS FOUR, LLC | Tennessee | local | 2017 | undisclosed | | property tax abatement |
HERTZ MEMPHIS THREE, LLC | Tennessee | local | 2017 | undisclosed | | property tax abatement |
The Hertz Corporation | Florida | state | 2013 | undisclosed | | tax credit/rebate |
Hertz Memphis Four, LLC | Tennessee | state | 2021 | undisclosed | | property tax abatement |
Hertz Memphis Four, LLC | Tennessee | state | 2021 | undisclosed | | property tax abatement |