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Income and Property Taxes - Qualified Maryland Opportunity Zone Investments
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| Where: | Testimony before the Maryland General Assembly House Ways and Means Committee |
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Venroy July, a principal in the firm’s Corporate, Securities & Tax practice group, testified before the Maryland General Assembly about HB1163, a proposed bill that would provide investment opportunities and tax benefits to all individuals enabling them to use a personal savings or disposable income to invest in Qualified Maryland Opportunity Zones to ensure there is a fair distribution of development across all Opportunity Zones in Maryland.
His testimony before the House Ways and Means Committee advocated making investing in historically underserved communities in Maryland available to everyone, regardless of individual wealth or status.
To view video of the committee hearing, click here. The testimony begins at 01:51:25.
