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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 State and Local Awards: Earliest year of data: 2007. 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 2013.
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  |
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 | 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 |