Day: January 18, 2011

Kittleman steps down as Senate GOP leader

Allan Kittleman resigned as Senate Republican Leader because “I think it’s important to speak out on the issues I believe in,” rather than representing the views of his more conservative caucus, he told reporters Tuesday.

Kittleman, who represents Howard and Carroll counties, made the surprise announcement to his 11 GOP colleagues at a meeting Tuesday morning.

In a letter to Senate Minority Whip Sen. David Brinkley, Kittleman said that after meeting with Republican senators, “it was apparent that the majority of the caucus members do not want a fiscally [sic] conservative who is also a social moderate as the leader of the caucus.”

State Roundup, January 18, 2011

Shoved between the Martin Luther King Jr. holiday, the weather and O’Malley’s inaugural, today is unusually quiet in state politics: A General Assembly committee could hold hearings on reviving the death penalty within a month; filling health care gaps among priorities for the Legislative Black Caucus; expect clashes in the State House over immigration issues; O’Malley at College Park; and long-time Montgomery politician William Hanna Jr. dies.

Maryland uses creative financing to buy $41M in slot machines

Maryland uses creative financing to buy $41M in slot machines

The state of Maryland is on its way to becoming the proud owner of $41.5 million worth of video slot machines for the Ocean Downs and Perryville slots casinos through the sale last week of taxable certificate of participation bonds.

The bonds sold quickly last week at a coupon rate of 5%, raising the funds the state needs to purchase 1,825 of the slots at the two casinos, said Patti Konrad, director of debt management in the State Treasurer’s Office, and Deputy Treasurer for External Affairs Howard Freedlander.

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