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>> --BUT TODAY WE'RE HERE TO
TALK ABOUT STATE ENTERPRISES AND
HOW IMPORTANT, HOW SIGNIFICANT
THEY ARE; AND THE FACT IS THAT
THE STATE HAS, OVER A LONG
PERIOD OF TIME--45 YEARS--HAD
A PARTNERSHIP ROLE WITH THE
COUNTIES IN STATE ENTERPRISES,
AND STATE ENTERPRISE ZONES MAKE
A SIGNIFICANT DIFFERENCE.
BASICALLY, THE--THE--THE
THEORY BEHIND THIS IS THAT WE
CAN PROVIDE INCENTIVES, WE CAN
PROVIDE TOOLS TO HELP BUSINESSES
SUCCEED IN ARE--OTHER AREAS
THAT MIGHT OTHERWISE HAVE
A GREAT SET OF CHALLENGES.
AND THE MISSION'S REALLY SIMPLE
AROUND THIS.
THIS IS A MISSION THAT THE
GOVERNOR SAYS WHEREVER HE GOES,
AND THE GOAL IS TO MAKE SURE
THAT THAT PROSPERITY WHICH IS
MARYLAND, THAT HAS MADE US ONE
OF THE BEST PERFORMERS IN THE
UNITED STATES THROUGHOUT THIS
RECESSION, THAT PROSPERITY IS
SHARED EQUALLY THROUGHOUT THE
STATE, AND THAT BUSINESSES FROM
ALL AROUND THE STATE IN ALL OUR
COMMUNITIES, ESPECIALLY OUR
SMALL AND MINORITY-OWNED
COMPANIES, HAVE AN OPPORTUNITY
TO BENEFIT FROM THAT.
STATE ENTERPRISE ZONES, THEY
PLAY A CRITICAL ROLE IN THAT.
AND WE TALKED ABOUT BUDGETS AND
CREDITS AND EVERYTHING ELSE,
THIS TO THE STATE--FOR A STATE
TO DO THIS, IT SIGNALS
A SIGNIFICANT COMMITMENT BECAUSE
IN EFFECT WHAT WE'RE DOING IS
THAT WE'RE ALLOWING BUSINESSES
IN THESE ZONES AND INVEST HERE--
RIGHT, CREATE JOBS, TO MAKE
CAPITAL INVESTMENTS.
WE'RE ALLOWING THEM TO KEEP MORE
DOLLARS IN THEIR POCKETS BY
KEEPING, BY--BY GIVING THEM TAX
CREDITS, ESSENTIALLY, AGAINST
IMPROVEMENTS TO THE PROPERTIES
THAT ARE MADE, AND FOR GIVING
THEM INCENTIVES TO HIRE WORKERS
IN THESE AREAS.
AND SO, WE BELIEVE THAT ALL OF
YOU, WITH APPROPRIATE TOOLS, ARE
GOING TO MAKE THESE ZONES
EXTRAORDINARILY SUCCESSFUL.
WE HAVE A HISTORY, WE HAVE
A TRACK RECORD OF HAVING SEEN
THESE ZONES PERFORM
SIGNIFICANTLY BETTER WITH THESE
TYPES OF DESIGNATIONS.
AND I CAN TELL YOU THAT WHEN WE
LOOK TO THIS PARTNERSHIP HERE,
WHAT'S SO EXCITING IS THAT THIS
IS A REALLY TRIFECTA OF THREE
PARTIES PULLING ALL THE OARS AT
THE SAME TIME.
YOU HAVE THE STATE AND THE
COUNTY WHO ARE ENTERPRISE ZONES.
WE'RE SITTING RIGHT HERE NEXT
TO--TO A TOV, A METRO
DEVELOPMENT RIGHT HERE ON BRANCH
AVENUE.
WE HAVE ANDREWS AIR FORCE BASE
WITH ALL THE GROWTH AND
DEVELOPMENT THAT'S COMING OFF
THE FEDS.
IF YOU LOOK AT ALL THE PARTIES
AND ALL THE ALIGNMENT THAT'S
RIGHT HERE, IT'S ABSOLUTELY
EXTRAORDINARY.
AND SO, WE HAVE A LOT OF FAITH,
WE HAVE A LOT OF BELIEF IN THAT
YOU, ALL OF YOU, GIVEN THE RIGHT
TOOLS, GIVEN THE RIGHT
INCENTIVES, GIVEN THE SUPPORT OF
THAT TRIFECTA--THE STATE,
THE COUNTY, AND THE FEDERAL
GOVERNMENT--THAT YOU'RE GONNA
DO EXTRAORDINARY THINGS HERE.
SO, THANK YOU FOR EVERYTHING.
WE'RE EXCITED TO SEE THE
BEGINNINGS OF THIS PARTNERSHIP
RIGHT HERE, AND WE LOOK FORWARD
TO WORKING WITH ALL OF YOU.