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March 23rd, 2018 by WCBC Radio

Governor Hogan’s Proposed Legislation Expands The Reach Of The More Jobs For Marylanders Act To Additional Jurisdictions, Adds Multiple Industry Sectors, In Addition To Manufacturing, That  Are Eligible For Tax Credits. “‘Qualified activity’ means: mining; transportation services; communication services; agriculture, forestry, or fishing; research, development, or testing; biotechnology-related activities; computer programming, information technology, or other computer-related services; central services for a business entity engaged in financial services, real estate services, or insurance services; the operation of central administrative offices; the operation of a company headquarters other than the headquarters of a professional sports organization; warehousing; or business services… A Tier I county may select up to three qualified activities for eligibility for the Program.” (“House Bill 363,” Maryland General Assembly, 1/24/18)    

• A New Business Entity That Creates At Least Five Qualified Positions Is Eligible For Tax And Fee Reductions.  (“House Bill 363,” Maryland General Assembly, 1/24/18)  

• An Existing Business Entity That Creates At Least Five Qualified Positions Is Eligible For A State Income Tax Credit.  (“House Bill 363,” Maryland General Assembly, 1/24/18)  

The More Jobs For Marylanders Act Has Created Jobs Across Maryland

In 2017, Governor Hogan Proposed And Enacted The More Jobs For Marylanders Act To Incentivize Job Creation In Areas Of The State That Need Jobs Most. “The legislation – which takes effect June 1, 2017 – provides tax incentives for new and existing manufacturers to create thousands of jobs, along with additional workforce development initiatives that the governor supports. New manufactures opening shop in high-unemployment (Tier 1) counties would receive a 5.75% wage tax credit, a state property tax credit, and a sales and use tax credit for ten years. The legislation also waives state filing fees, and all incentives are contingent on the company creating at least five jobs. Existing manufactures that create at least five new jobs anywhere in the state would also receive the same wage tax credit.” (Press Release, “Governor Larry Hogan Signs More Jobs For Marylanders Act Into Law,” Office Of The Governor, 4/11/17) 

• This Week, Paragon Bioservices Announced The Creation Of 200 New Maryland Jobs, In Part Because Of The More Jobs For Maryland Act. “The state of Maryland and the Anne Arundel County Economic Development Corp. (AAEDC) announced today their support of Paragon Bioservices’ new commercial manufacturing facility under development in Anne Arundel County, and the addition of 200 new jobs over the next four years… The company is eligible for state tax credits including the state’s Job Creation Tax Credit and the More Jobs for Marylanders Program, which was the centerpiece of Governor Larry Hogan’s 2017 Maryland Jobs Initiative, incentivizing manufacturers to create new jobs in the state.” (Press Release, “Maryland, Anne Arundel County Announce Support For Paragon Bioservices’ Expansion,” Maryland Department Of Commerce, 3/19/18) 

• The More Jobs For Marylanders Act Has Been Highly Successful; 111 Manufacturers Have Filed Notices Of Intent With The Maryland Department Of Commerce, And 34 Manufacturers Have Filed Completed Applications, With A Projected 1,326 Jobs Created. (Maryland Department Of Commerce, 3/22/18) 

What Maryland Businesses Have Said About The Positive Impact Of The More Jobs For Marylanders Act

• Herald-Mail Media Headline: “Businesses Flock To More Jobs For Marylanders Act Incentives” (Tamela Baker, “Businesses Flock To More Jobs For Marylanders Act Incentives,” Herald-Mail Media, 1/30/18)    

• Holly Combs, Plant Manager For Ring Container Technologies Of Tennessee Stated That The More Jobs For Marylanders Act Was A Major Reason Why The Company Expanded To Washington County. “Ring Container Technologies of Tennessee plans to open a new plastic bottle manufacturing plant near Hagerstown… The company has applied to be included under the More Jobs for Marylanders Act. Washington County holds ‘Tier 1’ status in that measure… ‘We believe that opening a new plant in this area is a great opportunity not only for our company, but also for our customers and the Hagerstown community as a whole,’ Combs wrote in an email. ‘That’s one of the many reasons we got involved in the More Jobs for Marylanders Act.’" (Mike Lewis, “Bottle Manufacturer To Open Facility Near Hagerstown,” Herald-Mail Media, 1/16/18)   

• Drew Greenblatt, CEO Of Marlin Steel Wire: “Governor Hogan’s program to create manufacturing jobs is paying off… Marlin Steel is hiring engineers, welders, and robot technicians who all live locally in Baltimore City.” (Press Release, “More Jobs For Marylanders Draws Interest From Nearly 70 Manufacturers,” Maryland Department Of Commerce, 12/12/17) 

• Sue Chambers, CEO And President Of Strouse: “More Jobs for Marylanders is very exciting… Not only does it support our commitment to Maryland, but it directly addresses a critical element for our continued growth – workforce development.” (Press Release, “More Jobs For Marylanders Draws Interest From Nearly 70 Manufacturers,” Maryland Department Of Commerce, 12/12/17) 

• William E. Jones, Senior Vice President Of Global Operations For Evapco Inc.: “Evapco Inc. has made substantial investments in our manufacturing operations world-wide to support our research and development advancements. Upon learning of the More Jobs for Marylanders program, we have shifted more investment and job opportunities towards our Taneytown location.” (Press Release, “More Jobs For Marylanders Draws Interest From Nearly 70 Manufacturers,” Maryland Department Of Commerce, 12/12/17)    

The More Jobs For Marylanders Act 2.0 Would Add To The Already Substantial Economic Development And Job Creation Record Of The Hogan Administration 

Governor Hogan: “Three years ago, our most pressing task was to grow the private sector, put more people to work, make Maryland more competitive, and to turn our economy around. And that is exactly what we have done.” (Governor Larry Hogan: State Of The State Address,” 1/31/17) 

• Since Governor Hogan Took Office, Maryland Has Gained Nearly 100,000 Jobs. (“Maryland: Total Nonfarm,” Bureau Of Labor Statistics, 3/23/18)

Andrew Bauer, Senior Regional Economist, Baltimore Branch Of The Federal Reserve Branch Of Richmond: "No matter how you look at it, it's difficult to characterize the Maryland labor market any other way than strong.” (Holden Wilen, “Fed Economist: Maryland’s Labor ‘Strong’ As 2017 Approaches End,” Baltimore Business Journal, 12/27/17)