Baltimore County’s proposed tax credit for Sparrows Point shipyard draws support
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Baltimore County’s proposed 30-year property tax credit to incentivize the development of a proposed submarine manufacturing shipyard in Sparrows Point is garnering broad support, with officials betting that the tax break will restore the former steelmaking hub and spur decades of economic growth.
Backed by County Executive Kathy Klausmeier’s administration and Republican Councilman Todd Crandell, the measure would create a 100% personal property tax credit for eligible maritime manufacturing pr
Backed by County Executive Kathy Klausmeier’s administration and Republican Councilman Todd Crandell, the measure would create a 100% personal property tax credit for eligible maritime manufacturing pr
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