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Maryland governor to pitch $5 billion incentive package for Amazon

January 18th, 2018 by WCBC Radio

Maryland Gov. Larry Hogan’s administration will submit legislation in the next few weeks to pass a $5 billion incentive package to lure Amazon HQ2 to Montgomery County, his spokesman Doug Mayer said Thursday morning. The proposal — a combination of state and local tax incentives and big infrastructure improvements — will require approval from state lawmakers. Hogan, a Republican, already proposed setting aside $10 million to lure Amazon to the state in his spending plan released Wednesday. That would be the starting point in what people familiar with the state’s proposal have called the biggest incentive package in Maryland history. The governor had said he would personally lobby to bring Amazon to Baltimore’s Port Covington and described that site as the state’s best bet. After Amazon announced Thursday that Montgomery County was the only Maryland location among the top 20 contenders for the project, Hogan released a statement praising the jurisdiction.

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