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Tag Archives: tax credits

Bill would create incentives to support Md. cybersecurity industry

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A Maryland bill would incentivize investors to put their funds in Maryland cybersecurity companies, attempting to overcome an apparent lack of capital for the state’s startups. The bill also brings in an administration plan to create a “Buy Maryland” program ...

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Md. lures Vitreon to Baltimore; firm plans to create 200 jobs

(File photo)

Medicinal botanical company Vitreon America announced Monday it plans to move its corporate headquarters to Baltimore from Virginia, creating 200 full-time jobs over the next five years. In addition to its new headquarters on Wicomico Street, the company also indicated it ...

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Sexual assault, tax credit legislation top list at Md. bill signing

The Maryland State House. (File)

ANNAPOLIS —  Legislation expanding protections for victims of sexual assault and human trafficking and tax credits for first responders and businesses that hire veterans topped the list of measures signed into law Tuesday by Gov. Larry Hogan. First on the ...

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Hogan administration reverses course on manufacturing tax credits

‘I think part of it is that the governor is thinking about business attraction," Commerce Secretary Michael Gill says of Gov. Larry Hogan’s support of a tax break to attract manufacturers to the state after opposing a similar proposal last year. ‘It doesn't mean that existing businesses aren't very, very valuable to the state.’ (Maximilian Franz/The Daily Record)

ANNAPOLIS — A proposal to create a tax incentive for manufacturers to relocate to Maryland represents a change of course for at least some in Gov. Larry Hogan’s administration. The governor’s announcement earlier this month reverses a position expressed less ...

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