Maryland offers new incentive to data centers
09/29/2020| Daniel Leaderman
Maryland offers new incentive to data centers
09/29/2020 | Daniel Leaderman
Applications are now being accepted for the Data Center Maryland Sales and Use Tax Exemption Incentive Program.
As part of a new economic development incentive, data centers that locate or expand in Maryland and create new, full-time jobs can receive an exemption from the state sales and use tax for up to 20 years.
The program is designed to make Maryland more competitive as states work to attract more data centers to the region. Data center businesses are eligible for a 10-year exemption, subject to annual renewal, if they create at least five qualified jobs within three years of applying for the program and make a minimum investment.
“This new incentive program will ensure that data center companies see that Maryland is the best place for their new or expanding facilities and the good jobs that come with them,” said Governor Larry Hogan.
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