Community Corner
Report: House Passes Lockheed Hotel Tax Exemption Bill
The legislation would exempt defense giant Lockheed Martin from paying hotel taxes on its conference center.
A bill that would exempt Bethesda-based defense giant Lockheed Martin from paying taxes on its conference center passed the Maryland House of Delegates Monday, Maryland Juice reported.
If the measure is approved, Lockheed would be exempted from about $450,000 a year in taxes, The Washington Post reported.
The version of the legislation that passed the Senate last month dropped language that would have required Montgomery County to pay Lockheed a $1.8 million refund, Maryland Juice reported.
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The bill would apply to Maryland companies that operate lodging facilities used only to support training or conference centers—a description that Sen. Nancy J. King (D-Montgomery) said currently applied only to Lockheed Martin, The Post reported.
Opponents call the measure a taxpayer handout for the defense contractor.
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Del. Bill Frick (D-Dist. 16), of Bethesda and a sponsor of the bill, voted against it, Maryland Juice reported. Read more and view the full House and Senate roll call on the bill at Maryland Juice.
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