Subsidy Tracker Individual Entry
computer chip plant
Both Intel and local officials did not cite amounts in connection with the subsidy. Intel's tax savings was reported to be estimated at $2 billion in: Jeff Radford, "$16 Billion IRB Approved Despite Loss For Sandoval," Corrales Comment, September 24, 2004.
As with Intel's 1993 deal in New Mexico, the subsidy was expected to take the form of PILOT tax abatements associated with a $16 billion industrial revenue bond issued by Sandoval County. Overlaps with main Subsidy Tracker data: none.