A new tax-credit program approved this week offers another incentive for businesses to expand or locate in Washington County.
By a unanimous vote Tuesday, the Washington County Board of Commissioners passed an ordinance to establish a Job Creation and Capital Investment Real Property Tax Credit, which is a similar to Maryland’s Enterprise Zone tax-credit program.
The credit, authorized by state law, is available to all businesses in the county. The value of the incentive varies depending on capital investment and job-creation goals, according to county Business Development Director Kassie Lewis.
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