Maryland lawmakers must grapple with a big deficit, but they have the political capital to make tough choices; RNC faces historic budget hole as Steele tries to hang on; Mooney may be state GOP chair, but buzz is on congressional hopes; state to consider tougher oversight of abortion providers; plans possible for public health insurance exchange; in slots news, Ocean Downs opens tomorrow, Cordish can start work on casino; Anne Arundel County government continues hiring freeze; prosecutors sworn in across the state; and local bills heading to Annapolis include gun permitting, charitable gambling and Smith Island solid waste.
Day: January 3, 2011
Legislation to finance business grants through tax credits coming this year
Department of Business and Economic Development Secretary Christian Johansson hopes to help businesses grow this year through a model that sells tax credits and uses the funds generated as grants to growing companies.
The program, called Invest Maryland, leads the list of DBED’s initiatives for the new year, Johansson told a group of reporters last month. It will be proposed in legislation to set up the program in this year’s General Assembly.
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