Incentives

Created by an act of the Maryland legislature in 2002 and reinforced by a similar initiative from Baltimore City in the same year, arts & entertainment districts were intended to act as catalysts of economic development for the state’s bourgeoning creative class. To that end, certain financial incentives were introduced to encourage creative industries to cluster in areas that had been selected for their inherent friendliness to such undertakings. There are four general kinds of assistance offered under the above legislation:

1. Property Tax Credits
2. Income Tax Relief
3. Admissions and Amusement Tax Exemption
4. Access to the Maryland Economic Development Assistance Fund

Property Tax Credits

• The credit is prorated to reflect the proportion of a rehabbed building that is used by a resident artist or A&E enterprise.
• The amount of credit granted = the amount of property tax imposed on the eligible assessment of the property x:
  80% for the 1st 5 taxable years;
  70% for the 6th taxable year;
  60% for the 7th taxable year;
  50% for the 8th taxable year;
  40% for the 9th taxable year;
  30% for the 10th taxable year.

Income Tax Credit

Artists claim a tax subtraction for income derived from the sale, publication, production or performance of an artistic work that is created in the district.

How to Qualify for the Admissions and Amusement Tax Exemption

Interested enterprises must register with the Baltimore City Department of Finance, located at 469 City Hall, Baltimore, MD 21202. Telephone: 410-396-4940.

How to Qualify for the Maryland Economic Development Assistance Fund

Administered by the state’s Department of Business and Economic Development, this fund was originally approved by the General Assembly under House Bill 188 during the 1999 legislative session. The program was designed to be a non-lapsing revolving loan fund to provide below market long-term, fixed rate financing to specific growth industry sector businesses locating or expanding in priority funding areas. While there are five capabilities offered under this incentive program, the relevant one for Arts & Entertainment district purposes is found under Capability 5: Special Purpose Grants and Loans.

For more information about this program, contact Gregory J. Kosmas, our DBED area representative at:
217 East Redwood Street, 10th floor
Baltimore, MD21202
Teephonel: 410-767-3949

ENABLING LEGISLATION

Annotated Code of Maryland Article 83A (PDF). Department of Business and Economic Development Title 4. Division of Tourism, Film and the Arts Subtitle 7-Arts and Entertainment Districts

AN ORDINANCE CONCERNING Arts and Entertainment Districts (PDF)- Property Tax Credits - Admissions and Amusement Tax Exemptions (Baltimore City)

Title 24 DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT, Subtitle 05 ECONOMIC DEVELOPMENT
Chapter 26 Arts and Entertainment Districts (PDF)
- describes the procedures that will be used by the Secretary of Business and Economic Development to designate arts and entertainment districts.

2004 ANNUAL REPORT

Highlandtown Arts & Entertainment District - Year 1 (FY2004) Annual Report to the State of Maryland (PDF)

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ha! Art Venues & Resources

Anthony's Park Mobile Arts and Recycle Center
401 S. Conkling Street
Baltimore, MD 21224
email: njagelka@gmail.com

Baltimore Threadquarters
318 S. Conkling St.
Baltimore, MD  21224      
bmorethreads@gmail.com
www.BmoreThreadquarters.com

Creative Alliance at the Patterson
3134 Eastern Avenue
Baltimore, MD 21224
410-276-1651
www.CreativeAlliance.org

Crown Cork & Seal
4401 Eastern Avenue
Baltimore, MD 21224
410-327-4141
www.crowncork.com

Highlandtown Gallery
401 S. Conkling Street
Baltimore, MD 21224
301-370-0115
www.magnoliadesignsllc.com

Laughing Pint
3531 Gough St.
Baltimore, MD 21224
410-342-6544
www.laughingpint.com 

Mark Supik & Company
1 N. Haven Street
Baltimore, MD 21224
410-732-8414
www.marksupikco.com

Pinebox Art Center 
101 N. Haven Street
Baltimore, MD 21224
www.pineboxartcenter.com

Schiavone Fine Art
244 S Highland Avenue
Baltimore, MD 21224
410-534-2212
www.SchiavoneFineArt.com

Skyloft Gallery & Studios
3703 Bank Street
Baltimore MD 21224
410-276-1193
www.skylofts.net 

The Bank Gallery
3210 Eastern Avenue
Baltimore, MD 21224
443-240-5733

Veteran Artist Program
www.veteranartistprogram.org

Highlandtown Community Association
Meeting Address:
3407 Gough Street
3rd Monday of the month
at 7pm
www.highlandtown.com

Southeast Community Development Corp.
3323 Eastern Ave,
Baltimore, MD  21224
www.southeastcdc.org

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