Legislation
- Title
- Economic Development - Enterprise Zone Program - Alterations
- Sponsored by
- Delegate Palakovich Carr
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 732
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Establishing that the purpose of the Enterprise Zone Program is to attract, retain, and encourage commercial development in economically distressed areas of the State by incentivizing capital investment and job creation through real property and income tax credits; requiring each county in which an enterprise zone is located to submit a certain report to the Department of Commerce by September 15 each year; requiring the Department to develop formal metrics and a framework for analyzing each enterprise zone; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Introduced in a prior session as: HB0805 Session: 2021 Regular Session
Bill File Type: Regular
Effective Date(s): June 1, 2022
History
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File Code
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Subjects
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Statutes
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(
5-702, 5-704, 5-705, 5-707, 5-709 )
(
10-702 )
Last Updated: 7/8/2022 2:18 PM