MML’s priority legislation, HB 1281, to allow municipalities to self-designate Tourism Zones will be heard in the House Ways & Means Committee on Thursday, February 29.
Modeled off a successful program in Virginia, this MML priority bill would authorize local governments to provide an array of local tax credits or waivers to businesses that aid in expanding tourism. This program would not only bolster the ability of jurisdictions to attract and retain community-oriented businesses, especially for those that lack access to other incentive programs, but to directly expand the State’s general revenue fund and attract new visitors to Maryland.
The key difference between this and other economic development programs like Arts & Entertainment districts or Main Streets is local flexibility, both to designate a zone and set qualifications/incentives. HB 1281 gives all municipalities a tool to help build and tell their story.
If you want to be a part of this exciting priority and submit testimony in support of this bill, please email Angelica Bailey Thupari at [email protected].