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Maryland IRBs Stir Debate On Local Economic Growth
Frederick County leaders and developers debate industrial revenue bonds IRBs and their impact on local and national borrowing. The county issued 15 IRBs totaling 42 million with six closed for 6.9 million while nine await action. Critics argue IRBs shift federal revenue and distort municipal bonds, while supporters cite targeted capital investment and job creation.
MENTIONED IN THIS ARTICLE
Frederick County
Solarex Corporation
Solarex
Frederick City
Burger Kings
McDonald’s
K-Marts
Rangell’s
Date
Commission
R&d
Thomas M. Fox
Irbs
Damazo Company
Damazo
Joseph Timer
State Department of Economic and Community Development
IRB
Baltimore City
Garrett County
Timer
Prince Georges
Maryland
Hartmore City
Washington
Carroll
Howard
Frederick
Charles Rangell
D-N.y
U.S. Treasury
House
Ways and Means
Fox
Beth Kuntz
Ways and Means Committee
Rangell
Reagan