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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

The redemption or extinguishment of the ground rent is effective to conclusively vest a fee simple title in the ground lease tenant when the ground lease tenant records the certificate in the county land records. Real Estate Commission. Senate Bill 806/House Bill 1182 (Chs. House Bill 149 (Ch. Recordation of Instruments.

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Tax Reform Impact on Employers and Employees

Revit OpEd

Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.

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Workforce Training: Engineering A Skilled Workforce

Buisness Facilities Contributed Content

In March 2016, McAuliffe signed into law measures that establish a workforce training program targeted to increase specific industry certifications and occupational licenses that meet the needs of businesses in each region of the state. million for a veterans’ portal to strengthen outreach to this key population.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Certification that all projects described within the related project plan will generate, in the aggregate, a minimum of either $1,000,000 in payroll, exclusive of payroll for construction, or 5,000,000 in investment; . The certificates of deposit bear interest rates of up to 3% below the standard rate.

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Rhode Island Historical and Preservation Heritage Commission Low-Interest Loans : The Historical Preservation Loan Fund is available to preserve properties listed on the State Register of Historic Places by providing low-interest loans to public, non-profit, or private owners.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Appalachian Regional Commission and Delta Regional Authority Grants: Federal-state partnerships that work with the people of 37 Appalachian counties in Alabama and the Mississippi Delta region’s twenty Alabama counties to create opportunities for self-sustaining economic development and improved quality of life.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. Applicants must meet the same qualification criteria as Advantage Arkansas and must be approved by the Arkansas Economic Development Commission.

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