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Montgomery County Executive Douglas M. Duncan Regarding HB 1137 -- Sales and Use Tax Exemption -- Biotechnology and ... (Site not responding. Last check: 2007-10-22) |
 | | HB 1137 would spur the growth of internet infrastructure facilities by exempting the communications equipment in such facilities from the sales and use tax. |
 | | HB 1137 will help our genomics and proteomics companies to make the necessary multimillion dollar investment in supercomputing equipment and simultaneously encourage companies to retain their Maryland location, while attracting new genomics and proteomics companies to our critical mass. |
 | | HB 1137 provides a sales and use tax exemption for tangible personal property in the construction, expansion or renovation of a facility utilized primarily for biotechnology manufacturing. |
| www.montgomerycountymd.gov /mc/news/speeches/HB1137.htm (1591 words) |