An audit of the Maryland Department of Commerce found the agency is not doing enough to verify that businesses receiving economic incentives from the state are holding up their end of the bargain. The Department of Commerce oversees millions of dollars in tax credits and conditional loans used to help retain and attract businesses in Maryland. The incentives are typically tied to a metric, usually jobs. State auditors determined the agency failed to make sure recipients of incentives complied with…
from https://www.bizjournals.com/baltimore/news/2019/09/11/audit-finds-md-department-of-commerce-lacked-in.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/187651169877
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