$3B Tax Break For Amazon HQ2 In Montgomery County

The $3 billion in tax breaks that Gov. Larry Hogan is offering to entice Amazon to build its second headquarters in Montgomery County would benefit all of Maryland, not just the affluent Washington suburb, representatives of the Republican governor told lawmakers Wednesday.

“If Montgomery County wins, every corner of the state of Maryland wins, and wins significantly,” Commerce Secretary Michael Gill said.

The deal being offered to the massive online retailer would be the largest economic incentive package in Maryland history.

Montgomery’s bid for what the Seattle-based tech giant is calling “HQ2” beat out a Hogan-backed proposal for Baltimore, which was seen as a long shot but one with the potential for major impact in a region that has greater economic challenges. The governor shifted his focus to Montgomery County after Amazon announced in January that it was one of 20 finalists for the project.

Click here to read the rest of this article written by Scott Dance over at the Baltimore Sun

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