A bill aimed at expanding Maryland’s manufacturing industry using accelerated depreciation and tax incentives has made its way through the Senate.
SB 317, or the More Jobs for Marylanders Act of 2017, passed with amendments on March 23, and only Sen. Roger Manno opposed the bill. The legislation is now pending a vote in the House of Representatives expected to take place this week.
Gov. Larry Hogan publicly gave the legislation his support Tuesday morning at the headquarters of Marlin Steel Wire Products LLC, a Baltimore manufacturer. Hogan and Secretary of Labor, Licensing and Regulation Kelly Schulz toured the facility and discussed the bill and how the administration is promoting job growth in the state.
“We believe this legislation literally can help businesses grow all over the state, and help us create thousands of new jobs,” Hogan said. “We are very excited and we are very hopeful it will pass the legislature, but we are not going to take anything for granted.”
The bill has been…
