Maryland’s House of Delegates passed legislation early Wednesday designed to establish $5.6 billion in tax incentives to lure Amazon to Montgomery County. The House’s approval of the Promoting ext-Raordinary Innovation in Maryland’s Economy, or PRIME Act, is written for any Fortune 100 company, but it comes just months after Amazon officials announced its top 20 […]
Prime Act
Hogan Unveils Legislation to Help Lure Amazon to Montgomery County
Gov. Larry Hogan on Monday announced a package of state income, property and sales tax credits and exemptions as part of Maryland’s bid for a possible second headquarters for Amazon. Last week, the company announced an unnamed Montgomery County site was among 20 potential locations for so-called HQ2, which is expected to bring 50,000 jobs […]
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