Board approves PILOT deal with Calvert Cliffs operator Constellation
Aug 20, 2024
The Calvert County Board authorized a payment-in-lieu-of-taxes (PILOT) agreement with Calvert Cliffs Nuclear Power Plant LLC (a Constellation subsidiary) covering tax years 2023–2027, including an automatic five-year renewal clause; the board voted to authorize the president to sign the agreement.
The full story
The Calvert County Board of County Commissioners on the dais approved a payment-in-lieu-of-taxes agreement with Calvert Cliffs Nuclear Power Plant LLC, a Constellation Energy subsidiary, covering tax years 2023 through 2027 and including an automatic renewal provision that would extend the pilot for an additional five years unless either party objects.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in →