§ 6–1003
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 6-1003 (2026)
Title 6. Economic Development Tax Incentives
Subtitle 10. Opportunity Zone Enhancement Program
§ 6–1003LinkCopy Citation
(a)
In this section, “revitalization area” has the meaning stated in § 6–301 of this title.
(b)
For a qualified opportunity zone business that qualifies for a job creation tax credit under § 6–304 of this title:
(1)
the Level 1 opportunity zone enhancement is equal to:
(i)
$3,075 multiplied by the number of qualified employees working in a facility not located in a revitalization area; and
(ii)
$5,125 multiplied by the number of qualified employees working in a facility located in a revitalization area; and
(2)
the Level 2 opportunity zone enhancement is equal to:
(i)
$3,300 multiplied by the number of qualified employees working in a facility not located in a revitalization area; and
(ii)
$5,500 multiplied by the number of qualified employees working in a facility located in a revitalization area.
(c)
The enhanced multiplier authorized under subsection (b) of this section is in substitution for and not in addition to the multiplier under § 6–304(b)(1) of this title.