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How does Maryland offer with Amazon compare with other offers?

WASHINGTON – Maryland lawmakers agreed to extend the red carpet and then some in an effort to attract Amazon's second headquarters to Montgomery County. But how does it compare with other offers that are made?

The Amazon incentive package includes tax exemptions and infrastructure improvements worth more than $ 8.5 billion. The package has cleared the House and the Senate with the enthusiastic support of Maryland Governor Larry Hogan.

There is still some mystery about what many of the cities in the list of the top 20 Amazon finalists are willing to offer to the giant of online shopping. Both D.C. As Virginia they are among the finalists who have kept their offers secret.

But of the cities that have made known all or part of their proposals, none seems to approach what Maryland is offering.

Newark, New Jersey, has offered a $ 7 billion package, which is believed to be the closest to the Maryland offer, according to the Baltimore Sun.

Chicago, Columbus, Ohio and Philadelphia have packages that are believed to be worth $ 2 3 billion.

Some lawmakers in Annapolis, Maryland, believe that making deals abundantly clear and actually presenting them to Amazon shows how serious the state is about attracting the online retailer to Montgomery County.

Amazon's headquarters are expected to create 50,000 jobs at any chosen location.

Earlier this year, a survey conducted by a Baltimore-based firm on behalf of the state and Montgomery County estimated that Amazon's arrival would have an impact of $ 17 billion on the Maryland economy. That would be in addition to an estimated $ 7.7 billion in annual salaries.


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