Parts of 2 Md. cities in new enterprise zone

Maryland Watch

July 27, 1996

The state designated another enterprise zone yesterday, a designation that may lure businesses eager for tax credits to the parts of Aberdeen and Havre de Grace included in the zone.

The zone -- the only one in the state that includes two cities -- runs along U.S. 40 in Harford County, a corridor the county has been trying to revitalize, said Chuck Porcari, spokesman for Gov. Parris N. Glendening.

"In marketing the state, this is the kind of hook that gets people to talk to you," Porcari said. "They're saying we really care about RTC the corridor along U.S. 40 and we intend for this to be a stable area for 30 years."

The zone designation offers employers a one-time $500 income tax credit for each full job they create in the zone. If they hire a worker who is certified as disadvantaged, that credit becomes $3,000 over three years, Porcari said.

The designation also offers a 10-year property tax credit.

Last week, the governor designated another zone in Crisfield, Somerset County. Together with the Aberdeen/Havre de Grace zone, the state has 29 active zones.

Pub Date: 7/27/96

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