Title
AN ACT CONCERNING GREEN BUSINESS ADVISORY COMMITTEE for the purpose of establishing a Green Business Advisory Committee, setting forth the appointment and membership requirements, purpose and function, and generally relating to green business development in Prince George's County.
Background
This legislation seeks to establish a green business advisory committee for the development, retention and expansion of green and sustainable businesses engaged in providing green products in the County. Senate Bill 403/House Bill 959 (Chapter 257 of the Laws of Maryland 2009) under Section 9-318 (f) of the Tax - Property Article of the Annotated Code of Maryland authorized Prince George's County to grant, by law, a real or personal property tax credit for certain types of green businesses. The legislation also required the establishment of a jointly appointed Advisory Board, with a majority of the members affiliated with nonprofit environmental organizations in the State, to provide advice on implementation of such a tax credit program in the County. The Green Business Tax Credit Advisory Board issued its final report and recommendations in March 2013 supporting the establishment of a permanent green business advisory body.