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HB 45

EnactedCrossfile SB 122
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Economic Development - Opportunity Zone Incentives - Alteration of the More Jobs for Marylanders and Opportunity Zone Enhancement Programs

Sponsor: Julie Palakovich Carr (District 17)Committee: Ways and MeansSubject: Economic and Community DevelopmentStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 38 (as of Nov 6, 2020)

What this bill does

Official synopsis

Altering certain terms relating to eligibility for benefits under the More Jobs for Marylanders and Opportunity Zone Enhancement programs; altering, to taxable years beginning after December 31, 2018, but before January 1, 2027, the time for which enhancements under the Opportunity Zone Enhancement Program are applicable; limiting eligibility for certain benefits to investments in biotechnology and cybersecurity companies newly established or expanded into opportunity zones on or after March 1, 2018; etc.

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Testimony (12)

MGA witness list
FAV 7FavorableFWA 1Favorable with amendmentsUNF 3UnfavorableINFO 1Information only

Organizations on record

Registered lobbyists who testified

FAVSchumitz, KaliMDCEPRegistered for: Maryland Center on Economic Policy
FAVgreenfield, aaronmmhaRegistered for: BTS Bioenergy; Baltimore Area Council Boy Scouts of America, Inc.; Embassy of Japan; Ernst & Young, LLP; FEi Systems; Goodwill Industries of the Chesapeake
UNFTabuteau, RichardMD Tech CouncilRegistered for: Bolt Technology OÜ dba Hopp; Boyd Gaming Corporation; ChargePoint; Chevy Chase Village; Elev8 Baltimore, Inc.; Fortinet
UNFGriffin, AndrewMaryland Chamber of CommerceRegistered for: Alliance to Prevent Legionnaire's Disease; American Subcontractors Association of Baltimore; Annapolis Maritime Museum & Park; Associated Utility Contractors of Maryland; Experience Prince George's; Howard County Chamber of Commerce