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The Montgomery County Department of Finance published the required biennial update of its development impact taxes for transportation and public school improvements on May 1. These taxes must be paid prior to the issuance of building permit(s) for a project. Absent County Council action to the contrary, effective July 1, all transportation impact tax rates will increase by 9.47%.
On July 26, 2022, the Montgomery County Council unanimously passed ZTA 22-02, which allows for additional height and development flexibility for research and development (“R&D”) and medical/scientific manufacturing facilities in the Commercial Residential, Life Science Center, Employment Office, and Moderate Industrial zones.
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