WASHINGTON — Washington County has been the only local government in Maryland to issue all of its allocated recovery zone facility bonds, and now it wants to squeeze the leftover RZFB juice from its neighbors too, just before the program expires at the end of the year.

RZFBs, which are tax-exempt and similar to private-activity bonds, generally allow states and localities to borrow at lower costs to promote job creation and economic recovery in economic recovery zones, particularly those affected by significant declines in employment. The program, created by the American Recovery and Reinvestment Act in February 2009, will expire on Dec. 31 unless it is extended by Congress.

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