Md. Code Ann., Econ. Dev. § 6-302

Legislative intent

Effective Oct 1, 2008Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.State of Maryland

The General Assembly intends that the purpose of the job creation tax credit authorized under this subtitle is to increase the number of new jobs in the State by encouraging:

  1. (1) the expansion of existing private sector enterprises; and
  2. (2) the establishment or attraction of new private sector enterprises.

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.

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