Recap: Economic Development Member Meeting - The House of Delegates Business Climate Work Group - November 14, 2013

Posted Date: 
November 14, 2013

November 14, 2013

Guest Speakers:  Delegate Kumar Barve, Delegate Bill Frick and Delegate Aruna Miller

The vice-chair of the Economic Development Committee, Bill Robertson, welcomed MCCC members and introduced the guest speakers. Delegate Kumar Barve, Delegate Bill Frick and Delegate Aruna Miller are the Montgomery County representatives on the House of Delegates Business Climate Workgroup. Speaker Busch started this 9-person workgroup chaired by John Bohanan and Galen Clagett.

The purpose of this workgroup is to evaluate prominent issues in Maryland’s business climate and collaborate with the business community to find solutions that will make Maryland a friendly place for doing business.

The workgroup representatives are currently touring the state of Maryland to hear from business leaders as they discuss concerns and give suggestions for how to revamp the business climate. Some concerns the group has heard from the business community about locating their businesses in Maryland include: the regulatory process, permitting, the tax system and the transportation system. Thus far, the largest and most common concern the group has heard from the business community is regulatory and permitting barriers.

The representatives would like to see the workgroup and the business community shift the discussions toward finding solutions. Members mentioned that Maryland is at a competitive disadvantage because of the personal income tax. The local government is funded by the personal income tax. In order to remove or reduce the personal income tax, we would first need to determine how to fund the local government differently.

Moving forward, the workgroup sees itself breaking up into smaller groups to focus on individual issues in order to better address the concerns of each area within the business community. The findings from each division of the workgroup would help to inform a plan and deliverables to be presented to the full delegation.

The point was made by an attendee that the perception is that we are friendly to small business and companies as they get started. But, as they grow, they leave. We need to make sure we are making it attractive for mature companies and create a critical mass of those jobs so that wealth can be created and retained in Montgomery County and Maryland.

MCCC Strategic Partners