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.

State: 
Maryland
Reporting Jurisdiction: 
Maryland
Jurisdiction type
State
Fiscal year ending In: 
2020
Program name: 
Enterprise Zone (EZ) Tax Credit
Program purpose
Business attraction/retention
Statutory authority
Annotated Code of Maryland, Tax Property, Title 9 Subtitle 1, Section 9-103, Tax General Section 10-702
Abating jurisdiction(s)
Counties and municipalities
Applicable taxes: 
Business Income Tax
Method of abatement
Tax credit
Provisions for recapture
(no provisions for recapture)
Gross revenue loss
$697,000
Reimbursement / offset
$0
Net revenue loss
$697,000
Type of loss
Passive
Additional notes on dislosure: 
(none)