A Payment-In-Lieu-of-Tax (PILOT) proposal is offered at the discretion of the Industrial Development Board of the County of Montgomery based on the following five major incentive factors.
The incentive factors are:
Company's Business Sector
Projected Employment positions
Other Factors deemed pertinent by the Board.
These items will determine the Tier level of the PILOT agreement. For a sample PILOT proposal for your project, please contact the Industrial Development Board.