More Jobs for Marylanders (MJM) Tax Credit – Manufacturing Job Creation
Maryland's flagship manufacturing incentive providing refundable income tax credits of 5.75% of wages per qualified position for new or expanding manufacturers; new manufacturers in Tier 1 counties also receive state property tax credit, sales/use tax refund, and SDAT fee waiver; 10-year benefit period; in FY2025 manufacturing created and retained 8,466 jobs through Maryland Commerce incentive programs; MJM confirmed as one of the five programs generating the most jobs in FY2025.
About this program
Visit the program website for full details.
Eligibility
New or existing manufacturers locating or expanding in Maryland; Tier 1 counties (less-developed) require at least 5 new qualified positions; Tier 2 counties require at least 10 new positions; non-manufacturers in Opportunity Zones also eligible.
Requirements
- Submit a Notice of Intent to Maryland Department of Commerce BEFORE beginning hiring
- Begin hiring within 12 months of Notice of Intent
- Create minimum 5 (Tier 1) or 10 (Tier 2) qualified positions within 12 months of first hire