Frederick County Small-Business Tax Credit Bill Amended
An amendment cleaning up the bill's language, and clarifying that a business subject to tax-increment financing wouldn't be eligible for the credit, passed the Frederick County Council 5-1 on Tuesday.
Governor Hogan announces 2017 Maryland Jobs Initiative
Gov. Larry Hogan has unveiled the 2017 Maryland Jobs Initiative, a comprehensive legislative package aimed at providing incentives for the creation of thousands of jobs and $5 million in strategic investments in education and workforce training to put even more Marylanders back to work.
MD's $62M Incentive Package Tailor-Made for Marriott
The $62 million incentive package Gov. Larry Hogan and Montgomery County Executive Ike Leggett promised Marriott for building a new headquarters in Bethesda was tailor-made for the firm, down to the definition of who counts as an employee.
College Park is Now a Special MD Tax Incentive Zone
A 470-acre area in and around the University of Maryland campus has been designated as a RISE Zone that will offer tax breaks to some businesses within its borders, the Maryland Department of Commerce announced.
Harford Considers $550K Incentive Package for Perryman Distributing Operation
Harford County is close to finalizing its part of a $550,000 incentive package for a broad line food and paper products distribution company that expanded its Maryland operations to a site south of Aberdeen.
MD Awards Tax Credits to Hagerstown Project
A downtown Hagerstown project is among eight recent recipients of state tax credits. According to a news release from the Maryland Historical Trust, $190,560 in tax credits was awarded to a project that will renovate the Ramacciotti/Professional Arts Building on the Public Square in downtown Hagerstown.
Hogan Unveils $65M Environmental Agenda Including Tax Incentives
Gov. Larry Hogan announced his environmental agenda for the coming legislative session, proposing Maryland spend nearly $65 million over the next three years on tax incentives, job training and a "Green Energy Institute" at the University of Maryland.
NMTC Coalition Urges Supporters to Sign Letter
The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.