Bill > SB193

This bill establishes a sales and use tax exemption for certain purchases made within a designated "Target Redevelopment Area" in Washington County, Maryland, specifically the Mount Aetna Technology Park accessible from Robinwood Drive, Mount Aetna Road, and Yale Drive, which is located in an office, research, and industry zoning district. This exemption applies to "construction material," defined as tangible personal property used to build or renovate structures that becomes part of the real property, including building materials, landscaping, and supplies, as well as "warehousing equipment," which includes items for material handling and storage like racking and conveyor systems. The exemption is valid if the material or equipment is purchased solely for use within this Target Redevelopment Area and the buyer provides proof of eligibility from the Comptroller. This provision will be effective from July 1, 2026, for a period of 10 years, after which it will automatically expire.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0193?ys=2026RS