{"data":{"id":"us-md/md.-code-economic-development-6-1007","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 6–1007","heading":"","body":"(a) In this section, “investment”, “qualified investor”, and “qualified Maryland technology company” have the meanings stated in § 10–733 of the Tax – General Article.\n(b) For a qualified opportunity fund that is a qualified investor in a qualified Maryland technology company under § 10–733 of the Tax – General Article, if the qualified Maryland technology company, on or after March 1, 2018, is newly established in or expands into an opportunity zone in a county other than Allegany County, Dorchester County, Garrett County, or Somerset County:\n(1) the Level 1 opportunity zone enhancement is 33% of the investment in a qualified Maryland technology company, not to exceed $300,000; and\n(2) the Level 2 opportunity zone enhancement is 50% of the investment in the qualified Maryland technology company, not to exceed $500,000.\n(c) The enhanced tax credit percentages and maximums authorized under subsection (b) of this section are in substitution for and not in addition to the percentages and maximums under § 10–733(d) of the Tax – General Article.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=6-1007","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"6de9a65129f642b23904a63db9bebc6b0a21f1e97f530a13434d218586b13e26","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-6-1006","next":"us-md/md.-code-economic-development-6-1008"},"notice":"GroundRules: Original legal text. Not legal advice."}