Governor Offers Historic Incentive Package To Lure Amazon

Amazon.com has announced that it still includes Montgomery County in the running for the new home of its second headquarters – and Governor Larry Hogan has offered more than $3 billion in tax breaks and grants and $2 billion in transportation upgrades to support the site, if selected. The 100-acre campus would be located in White Flint or North Bethesda.

Montgomery still has 19 competitors for the corporation, including Washington, D.C. and Northern Virginia.

From The Washington Post

Maryland’s package, which Hogan will make public Monday morning, will require legislative approval and would dwarf any previous economic development offering in the state’s history.

“HQ2 is the single greatest economic development opportunity in a generation, and we’re committing all of the resources we have to bring it home to Maryland,” Hogan said in a statement obtained by The Post on Sunday.