Gov. O’Malley signs job creation legislation, two others

Today, Governor Martin O'Malley signed three bills designed to create jobs and grow Maryland's economy:

• The Jobs Creation Recovery Tax Credit, which offers any Maryland business a $5,000 tax credit for every unemployed Marylander that it hires.
• Unemployment Insurance — Tax Deferment, Trust Fund Solvency, and Cost-Neutral Modernization Act, which will assist employers in paying their taxes and return the trust fund to solvency more quickly by securing $126.8 million in federal funds without imposing any costs on employers.
• Manufacturers, Distributors, and Factory Branches — Benefits to Employees of Dealers, which allows vehicle manufacturers to pay bonuses directly to dealership employees.

After signing the bills, the governor recorded a quick video discussing the legislation and wishing everyone a Happy Maryland Day.

The governor was joined at the bill signing by Lt. Governor Anthony Brown, Senate President Thomas V. Mike Miller Jr., and House Speaker Michael E. Busch.