WCTR News

Chestertown Redesignated As Arts And Entertainment District

Governor Wes Moore has announced the redesignation of Chestertown as an Arts and Entertainment District, allowing for the continuation of tax incentives that encourage economic development through arts and tourism. In FY 2024, visitor spending in those districts contributed to a total economic output of $136 million generated by the 29 designated districts statewide. By operating within Arts and Entertainment districts, property owners may be eligible for property tax credits, artists may be eligible for income tax subtraction modifications, and local governments may be exempt from admissions and amusement taxes. The resulting arts activity supports economic development by attracting businesses and tourists to communities across the state.

Exit mobile version