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Hogan signs Amazon incentive, DC Metro funding bills

Senate President Thomas V. Mike Miller Jr., Gov. Larry Hogan and House Speaker Michael E. Busch at Tuesday's bill signing. (Bryan P. Sears)

Senate President Thomas V. Mike Miller Jr., Gov. Larry Hogan and House Speaker Michael E. Busch at a bill signing earlier this month. (Bryan P. Sears)

Gov. Larry Hogan Wednesday signed two bills he said were key to improving Maryland’s economy and luring an online retail giant to the region.

Included in the bills signed at The Music Center at Strathmore were a $6.5 billion incentive package meant to lure Amazon’s HQ2 project to the areas and a separate bill providing $167 million annually to improve Washington’s Metro system.

“These two critical pieces of legislation are excellent examples of our administration working in a bipartisan fashion to achieve real results for the people of Maryland,” said Hogan. “Dedicated public transportation funding and the potential economic boom of more than 100,000 new jobs with Amazon HQ2 are vital to Maryland’s advancement.”

The so-called PRIME act provides for $3 billion in tax credits and other incentives and is on top of $2 billion in proposed infrastructure improvements in Montgomery County, which is one of 20 finalists for the new headquarters.

The Metro funding bill represents Maryland’s share of a three-way split of expenses with Virginia and Washington.

Hogan praised the deal with other jurisdictions but said the federal government should also provide funding. Nearly 40 percent of all Metro riders are federal employees.


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