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Through a merger between the Baltimore Washington Corridor Chamber and the West Anne Arundel County Chamber in early 2017, the Central Maryland Chamber of Commerce (CMCC) was created. We are dedicated to providing networking, information and growth resources to all sizes and kinds of businesses, agencies, institutions and organizations. Our connections to business, industry, academia, government are unparalleled.

Hogan, business groups favor small business property tax break

By Rebecca LessnerFor the MarylandReporter.com

Part of Gov. Larry Hogan’s promise to make Maryland “open for business” is a bill exempting many small businesses from the personal property tax collected by the counties.

The exemption would be given to businesses with less than a $10,000 property value, on items such as equipment, furniture, computers, tools and inventory. It applies to more than half of Maryland’s small businesses and will result in an estimated $7 million in tax relief.

“This is a first step in providing relief to small businesses,” said Chris Carroll, Hogan’s deputy legislative officer at a House Ways and Means Committee hearing Friday.

– See more at: http://marylandreporter.com/2015/03/01/hogan-business-groups-favor-small-business-property-tax-break/#sthash.cI7A9oZc.dpuf

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