The Honorable Casper R. Taylor, Jr.
Speaker of the House
Annapolis MD 21401
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today vetoed House Bill 144 - Tax Credits - New or Expanded Business Premises.
This bill alters the Businesses that Create New Jobs Tax Credit for corporations that expand their businesses in counties with populations of less than 30,000. Businesses in these counties that expand by at least 5,000 square feet are eligible for tax credit if they hire at least 10 new full-time positions during a 24-month period.
Senate Bill 86, which was passed by the General Assembly and signed by me today, accomplishes the same purpose. Therefore, it is not necessary for me to sign House Bill 144.
Parris N. Glendening