2025 Issue Preview: Navigating Economic Development Incentives
As the 2025 Legislative Session approaches, MACo is profiling some of the most pressing issues likely to shape policy debates in the General Assembly. Among them, the future of economic development tax credits looms large. Local governments, just like the State, have a vested interest in economic development. Local economic growth creates jobs and increases salaries, expanding the local and statewide tax base. Therefore, the State and local governments must partner to implement these efforts.…