Brunswick Enterprise Zone Redesignated by State of Maryland
Designation renewed for an additional 10 years, positioning historic downtown
The redesignated
"We are thrilled that the state has renewed
About Enterprise Zones
Enterprise Zones are approved by the Maryland Department of Commerce, with local governments responsible for their administration. Businesses operating within an Enterprise Zone may be eligible for a tax credit toward their state income tax filings based on the number of new jobs created, as well as a tax credit toward their local real property taxes based on their overall capital investment in a property.
Statewide, businesses located in Maryland's 30 Enterprise Zones received $56.3 million in property tax credits in Fiscal Year 2025, based on more than $5 billion in investments made that year.
To learn more about Brunswick's Enterprise Zone and the benefits of locating your business in Brunswick, visit https://brunswickmd.gov/economicdevelopment
View original content:https://www.prnewswire.com/news-releases/brunswick-enterprise-zone-redesignated-by-state-of-maryland-302844116.html
SOURCE City of Brunswick
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