The Purple Line is a light rail program in Suburban Maryland's Prince George's and Montgomery Counties.
According to an Action Alert from the advocacy group Purple Line Now:
We wanted to alert you to HB 540, a bill that Delegate Jheanelle Wilkins (Montgomery County, District 20) has introduced regarding the State Income and Property Tax Credits – Purple Line Construction Zone.It's a massive failure to not build in programs like this during the planning phase--pre-construction--of transit infrastructure programs. Typically, it's been done for highway construction programs for decades. And it's not like people in the industry don't know this is going to come up.
The House Ways and Means Committee will hear the bill THIS Thursday, February 20, at 1 pm.
The bill allows “certain qualified businesses impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County a credit against the State income tax and State property tax; requiring the Department of Transportation to determine the eligible amount of the income tax credit; making the income tax credit refundable; requiring the Department to administer the income tax credit; requiring the Department to make determinations and implement processes relevant to certifying qualified businesses.”
-- "Analyzing Effects of Highway Rehabilitation on Businesses," Transportation Research Record, 1993
-- "Gold Line work upsets East L.A. merchants," Los Angeles Times, 2007
-- "7 Tips for When Road Construction Affects Your Business," Inc Magazine
-- Mitigating Construction Impacts on Local Businesses, MnDOT
-- Mitigation of Transportation Construction Impacts on Business, City of Tucson
-- "How to Keep Construction from Killing Businesses," Governing Magazine. 2014
Instead of being reactive once people start complaining, be proactive.
No comments:
Post a Comment