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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

The 71 day session of the Maryland General Assembly was for the first time since the Civil War cut short from the prescribed 90 days (. of note, the legislature has met for 90 days since the predecessor, appointed not elected, General Assembly of Maryland was first called together in 1635 in St. Historic Discrimination.

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State by State Incentives Guide

Buisness Facilities Contributed Content

If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. Tax credits must be applied for annually, after initial certification, and will be adjusted to reflect the actual of number of employees that qualify each year. New Economy Jobs Tax Credits are not transferable.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Participating companies are compensated by being able to reduce their federal income tax liability with a tax credit between $1,200 and $9,000 per qualified employee, depending on the target group. GA companies can implement Work Ready two ways—through job profiling and Work Ready Certificates. See www.gaworkready.org.

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