# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 24 — One Maryland Economic Development Tax Credits

#### Regulation .03 Notification Required.

*COMAR 24.05.24.03*

A business entity shall notify the Department in writing of its intent to seek certification for a tax credit before:

A. Hiring any qualified employees to fill the 25 qualified positions necessary to satisfy the employment threshold required to qualify for the tax credit; and

B. Incurring any costs or expenses for which it intends to take a tax credit.