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.
| State or Territory: | Maryland |
| Effected Jurisdiction: | Maryland |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2019 |
| Program name: | Enterprise Zone (EZ) Tax Credit |
| Program purpose: | General Economic Development (EZ) |
| Statutory authority: | Annotated Code of Maryland, Tax Property, Title 9 Subtitle 1, Section 9-103, Tax General Section 10-702, and Economic Development Article Section 5-1401 (e) |
| Abating jurisdiction(s): | Counties and Municipalities in Maryland |
| Applicable taxes: | Business Income Taxes |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (no provisions for recapture) |
| Gross revenue loss: | $5,700,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $5,700,000 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.marylandtaxes.gov/reports/acfr.php |
