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Maryland tax credit bill aims to spur commercial development
Commercial real estate developers would be able to claim a state income tax credit for their projects under a bill introduced in the General Assembly.
Senate Bill 138, the “Build Maryland Tax Credit Act,” authorizes at least $4 million a year in tax credits. The bill was introduced Jan. 16 by Sen. Roger Manno, D-Montgomery, and Sen. James Mathias Jr., D-Somerset.
The tax credit legislation comes at the same time that Gov. Martin O’Malley wants to launch a new $3.5 million tax credit for cyber…
IN FOCUS TODAY
Friday, May 24, 2013 - 6:35am
Friday, May 24, 2013 - 5:02am
This weekend's Memorial Day festivities are sure to include renditions of the Star Spangled...
Thursday, May 23, 2013 - 4:50am
The taxpayers of Baltimore are about to front a developer $107 million in something called tax...