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Tag Archives: tax incentives

Baltimore City Council looks for more transparency in development tax incentives

Baltimore City Councilman Bill Henry, shown at an earlier meeting, says the city needs to do a better job of providing comprehensive and easily accessible information showing which tax breaks have been granted to whom. (The Daily Record / Maximilian Franz)

Members of the Baltimore City Council made a push for greater transparency in tracking how well development tax incentives work as part of a briefing on the use of such incentives Thursday morning. Tax increment financing (TIF) and Payment in ...

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BioPark tax incentive bills go to Baltimore council

Money in U.S. dollars

Baltimore is officially considering legislation to provide the University of Maryland, Baltimore $17 million in Tax Increment Financing and creating a special tax district for its BioPark development. In late September, during a Baltimore Development Corp. meeting the university said it  ...

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Agencies, businesses fearful of Md. General Assembly’s tax tinkering

Del. C. Williiam Frick (The Daily Record/Bryan P. Sears)

LARGO — Antiquated tax incentive programs for businesses have not been updated or improved for fear of what would happen once the legislature got involved, according to one top official at the Department of Business and Economic Development. Ursula S. ...

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