# Economic Development (GEC)

## Title 6. Economic Development Tax Incentives

### Subtitle 10. Opportunity Zone Enhancement Program

#### Section 6-1004

(a) In this section, "eligible economic development project", "eligible project cost", "project tax credit", and "qualified position" have the meanings stated in Sec. 6-401 of this title.

(b) For a qualified opportunity zone business that qualifies for the One Maryland project tax credit under Sec. 6-403 of this title and creates at least 50 qualified positions:

  (1) the Level 1 opportunity zone enhancement increases the maximum credit allowed under Sec. 6-403(b)(1)(ii)1 of this title to the lesser of  $5,125,000 or the total eligible project cost for the eligible economic development project, less the amount of the credit previously taken for the project in prior taxable years; and

  (2) the Level 2 opportunity zone enhancement increases the maximum credit allowed under Sec. 6-403(b)(1)(ii)1 of this title to the lesser of $5,500,000 or the total eligible project cost for the eligible economic development project, less the amount of the credit previously taken for the project in prior taxable years.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)