HB418: Economic Development – More Jobs for Marylanders Program – Extension and Alterations

Legislative Summary

Altering the circumstances under which and the period of time for which the Department of Commerce may provide a qualified business entity a certificate certifying that an eligible project is enrolled in the More Jobs for Marylanders Program; and requiring the Comptroller to transfer, from the More Jobs for Marylanders Tax Credit Reserve Fund to the General Fund, an amount equal to the amount stated in the final tax credit certificate issued, rather than that stated in the initial tax credit certificate.