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<section number="10-235.15" name="Eligibility for tax credits" law="code" slug="sec-10-235.15" node_id="PTIITI17PULOLAPRGECOMA_SUBTITLE_10FITA_DIV8TAASLECO_SD5HNEJOPRTACR_S10-235.15ELTACR">
  <level label="a">
    <text>New Jobs Tax Credit.</text>
    <level label="1">
      <text>To qualify for a New Jobs Tax Credit under this Subdivision, a business entity shall:</text>
      <level label="A">
        <text>obtain at least 5,000 square feet of new or expanded premises in the County by purchasing newly constructed premises, constructing new premises, causing new premises to be constructed, or leasing newly constructed premises; and</text>
      </level>
      <level label="B">
        <text>employ at least 25 persons, of which at least thirty percent (30%) shall be County residents, in new permanent full-time positions located in the new or expanded premises in the County during a 24-month period, during which the business entity must also occupy the new or expanded premises.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <text>Enhanced New Jobs Tax Credit.</text>
    <level label="1">
      <text>To qualify for an Enhanced New Jobs Tax Credit under this Subdivision, a business entity, along with its affiliates, shall:</text>
      <level label="A">
        <level label="i">
          <text>obtain at least 250,000 square feet of new or expanded premises in the County by purchasing newly constructed premises, constructing new premises, causing new premises to be constructed, or leasing newly constructed premises;</text>
        </level>
        <level label="ii">
          <text>continue to employ at least 2,500 individuals in existing full-time positions paying at least 150% of the federal minimum wage and located at premises in the State where the business entity, along with its affiliates, is primarily engaged in one or more of the industries listed in Paragraph (2) of this Subsection; and</text>
        </level>
        <level label="iii">
          <text>employ at least 500 individuals, of which at least thirty percent (30%) shall be County residents, in new permanent full-time positions paying at least 150% of the federal minimum wage and located in the new or expanded premises in the County and, if applicable, in newly renovated premises adjoining or otherwise neighboring the new or expanded premises; or</text>
        </level>
      </level>
      <level label="B">
        <level label="i">
          <text>obtain at least 250,000 square feet of new or expanded premises in the County by purchasing newly constructed premises, constructing new premises, causing new premises to be constructed, or leasing newly constructed premises; and</text>
        </level>
        <level label="ii">
          <text>employ at least 1,250 individuals, of which at least thirty percent (30%) shall be County residents, in new permanent full-time positions paying at least 150% of the federal minimum wage and located in the new or expanded premises in the County and, if applicable, in newly renovated premises adjoining or otherwise neighboring the new or expanded premises.</text>
        </level>
      </level>
    </level>
    <level label="2">
      <text>To qualify for an Enhanced New Jobs Tax Credit under this Subdivision, a business entity, along with its affiliates, shall primarily be engaged in one or more of the following at the qualifying premises:</text>
      <level label="A">
        <text>manufacturing or mining;</text>
      </level>
      <level label="B">
        <text>transportation or communications;</text>
      </level>
      <level label="C">
        <text>agriculture, forestry, or fishing;</text>
      </level>
      <level label="D">
        <text>research, development, or testing;</text>
      </level>
      <level label="E">
        <text>biotechnology;</text>
      </level>
      <level label="F">
        <text>computer programming, data processing, or other computer-related services;</text>
      </level>
      <level label="G">
        <text>central services as defined in § 6-101 of the Economic Development Article of the Maryland Code;</text>
      </level>
      <level label="H">
        <text>the operation of central administrative services as defined in § 6-101 of the Economic Development Article of the Maryland Code;</text>
      </level>
      <level label="I">
        <text>a public utility;</text>
      </level>
      <level label="J">
        <text>warehousing; or</text>
      </level>
      <level label="K">
        <text>business services.</text>
      </level>
    </level>
    <level label="3">
      <text>To qualify for the Enhanced New Jobs Tax Credit under this Subdivision, a business entity shall:</text>
      <level label="A">
        <text>within a 6-year period beginning on the notification date, employ individuals in the number of new permanent full-time positions required under Paragraph (1) of this Subsection;</text>
      </level>
      <level label="B">
        <text>during the 6-year hiring period, obtain and occupy the new or expanded premises and, if applicable, the newly renovated premises adjoining or otherwise neighboring the new or expanded premises; and</text>
      </level>
      <level label="C">
        <text>during the 6-year hiring period, comply with all other requirements for the credits described in this Subsection and in any applicable local law.</text>
      </level>
    </level>
  </level>
</section>
