Local BusinessPrince George's County

Md. Lawmakers OK Amazon Incentive Package

ANNAPOLIS — The Maryland General Assembly approved Wednesday an estimated $5.6 billion incentive package for Amazon to entice the online retailer to establish its second headquarters in the state.

The House voted 79-59 in favor of the bill, which delegates such as Anne Kaiser of Montgomery County, who chairs the House Ways and Means Committee, said will bring 50,000 jobs to the state, specifically in her jurisdiction.

Delegate Herb McMillan called the tax incentive “an expensive pig in a poke” and corporate welfare for one of the country’s richest companies.

Before McMillan, Anne Arundel County Republican, voted against the plan, he asked his colleagues, “Are you a fiscal watchdog, or a fiscal lapdog?”

Republican Gov. Larry Hogan submitted the incentive plan for lawmakers to approve, which he could sign before the General Assembly session ends at midnight Monday.

The bill — “Promoting ext-Raordinary Innovation in Maryland’s Economy (PRIME) Act of 2018” — specifically states the company would provide $10 million annually to the state’s Sunny Day Fund over a 15-year period and more than $5 billion for Montgomery County in incentives and transportation improvements.

The state, income and property tax credits wouldn’t go into effect unless the company moved to Montgomery County, which faces 19 other challengers nationwide, including neighboring D.C.

Amazon, based in Seattle and founded by Jeff Bezos, who also owns The Washington Post, labeled the project “Amazon HQ2” with a $5 million investment in construction.

“HQ2 represents the greatest economic development opportunity in a generation, and today’s action sends a strong signal that Maryland is 100 percent committed to using every resource possible to bring this project home,” said Hogan spokeswoman Shareese Churchill. “This is a great day for Maryland and the governor thanks [Montgomery] County Executive Ike Leggett and legislators of both parties who worked together to get this done.”

Several Prince George’s delegates such as Angela Angel, who voted for the plan, said potential workers not only can move into more affordable housing in the county, but also hire workers who reside in the jurisdiction that borders Montgomery.

“Although the bid is in Montgomery County, just being able to expand the commercial base for a company like Amazon we would be able to reap some benefits,” she said. “Once Amazon comes in, we’ll have housing opportunities and entice other businesses to come into Prince George’s County.”

Delegate Erek Barron, who voted against the Amazon package, said money to pay for school construction, renovation and health care is more important for Marylanders.

“I would think about our priorities such as education and health care before giving a historic incentive package to one of the richest companies in the universe run by one of the richest men in the universe,” he said. “[Amazon] doesn’t need it. We do.”

Show More

William J. Ford – Washington Informer Staff Writer

I decided I wanted to become a better writer while attending Bowie State University and figured that writing for the school newspaper would help. I’m not sure how much it helped, but I enjoyed it so much I decided to keep on doing it, which I still thoroughly enjoy 20 years later. If I weren’t a journalist, I would coach youth basketball. Actually, I still play basketball, or at least try to play, once a week. My kryptonite is peanut butter. What makes me happy – seeing my son and two godchildren grow up. On the other hand, a bad call made by an official during a football or basketball game makes me throw up my hands and scream. Favorite foods include pancakes and scrambled eggs which I could eat 24-7. The strangest thing that’s ever happened to me, or more accurately the most painful, was when I was hit by a car on Lancaster Avenue in Philadelphia. If I had the power or money to change the world, I’d make sure everyone had three meals a day. And while I don’t have a motto or favorite quote, I continue to laugh which keeps me from driving myself crazy. You can reach me several ways: Twitter @jabariwill, Instagram will_iam.ford2281 or e-mail, wford@washingtoninformer.com

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker