Job Creation Tax Credit Program
Carroll County offers a Job Creation Tax Credit against County property taxes to encourage businesses to create new jobs. Offered by Carroll County Economic Development.
Key Facts
- Funder
- Carroll County Economic Development
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Status
- Open
About This Grant
Carroll County offers a Job Creation Tax Credit against County property taxes to encourage businesses to create new jobs. Businesses that construct or expand a facility by at least 5,000 square feet and hire at least 25 new full-time employees within the first 24 months may qualify for the credit. New positions must be new to the state and pay at least 125% of the Average Weekly Wage as determined by the Maryland Department of Labor. The credit amount decreases over six years: 52% of the...
Full requirements and application instructions: official listing.
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