# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

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

#### Regulation .05 Eligible Business Activities.

*COMAR 24.05.24.05*

A. To qualify for a tax credit, a qualified business entity shall establish or expand a business facility in the State that is primarily engaged in one or more of the following qualifying activities:

  (1) Manufacturing;

  (2) Mining;

  (3) Transportation;

  (4) Communications;

  (5) Filmmaking;

  (6) Resort/recreational business (excluding adult entertainment);

  (7) Agriculture;

  (8) Forestry;

  (9) Fishing;

  (10) Research, development, or testing;

  (11) Biotechnology;

  (12) Computer programming, information technology, or other computer-related services;

  (13) Central financial, real estate, or insurance services;

  (14) The operation of central administrative offices or a company headquarters;

  (15) A public utility;

  (16) Warehousing; or

  (17) Business services.

B. In determining whether a business facility is engaged in a qualifying activity, the Department may consider the definitions set forth in the U.S. Office of Management and Budget's Standard North American Industrial Classification Manual.