Statement from Governor Martin O'Malley on Senate Passage of SB 106: Job Creation and Recovery Tax Credit
ANNAPOLIS, MD (February 26, 2010) –Governor Martin O’Malley today issued the following statement on the Senate’s passage of SB 106 – Job Creation and Recovery Tax Credit:
“I applaud Senate President Thomas V. Mike Miller, Jr, Chairman Ulysses S. Currie and the members of the Senate on their swift action in unanimously passing the Job Creation and Recovery Tax Credit. This bi-partisan effort to help Maryland workers and businesses is much-needed.
There is no government program that is as important and empowering as a job which allows a family to raise their kids with dignity and respect and a roof over their heads. In these tough times, everything we accomplish together this session must be seen through the lens of whether or not it creates jobs, protects jobs, or improves the environment for creating and protecting jobs.
The passage of this bill will give Maryland businesses a $5,000 credit for every unemployed Marylander they put back to work – thus serving the duel purpose of creating jobs and protecting the small and family owned businesses that are the backbone of our economy and the driving force for job creation in our State.
I want to thank the members of the Senate for working hard for the people of our State, and for passing this important piece of legislation that puts Marylanders back to work.”