The objective of the job creation tax credit is to increase the number and quality of new jobs in the State by encouraging:

1. A. Significant expansions of existing private sector enterprises;
2. B. Establishment of new private sector enterprises;
3. C. Creation of family supporting jobs; and
4. D. Revitalization of neighborhoods and commercial areas.

Authority: Economic Development Article, Title 6, Subtitle 3, Annotated Code of Maryland

Effective date: June 15, 1998 (25:12 Md. R. 949)

Regulation .04B amended effective March 6, 2000 (27:4 Md. R. 455); April 11, 2005 (32:7 Md. R. 686)

Regulation .06 amended effective December 25, 2000 (27:25 Md. R. 2285)

Regulation .11 amended effective December 25, 2000 (27:25 Md. R. 2285)

Regulation .11D amended effective April 11, 2005 (32:7 Md. R. 686)

Regulation .13 repealed effective November 12, 2001 (28:22 Md. R. 1937)