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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionPrince George's County
Jurisdiction type: County
Fiscal year ending In2020
Program nameEnterprise Zone Tax Abatements
Program purpose: General Economic Development
Statutory authority: MD Annotated Code Section 9-103
Abating jurisdiction(s): Prince George's County
Applicable taxesReal and Personal Property Tax
Method of abatement: Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $1,240,595
Reimbursement / offset: $0
Net revenue loss: $1,240,595
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.princegeorgescountymd.gov/4334/Annual-Comprehensive-Financia...