Tuesday, November 20, 2018

Here are the details of Maryland's failed $5.84B bid for Amazon's HQ2

Maryland’s package to Amazon.com to lure HQ2 to Montgomery County included $2.8 billion in refundable state income tax credits spread out over 10 years and $2.4 billion in new transportation funding. The total incentive package was $5.84 billion and set a state record. It had been kept mostly secret as Maryland officials attempted to win a national bidding war to attract Amazon’s estimated $5.5 billion investment and 50,000 new high-paying jobs. The details were released Tuesday afternoon by the…



from https://www.bizjournals.com/baltimore/news/2018/11/20/here-are-the-details-of-marylands-failed-5-84b-bid.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/180327735052

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