Benefits of film tax credit debated at legislative hearing

The benefit of extending Maryland’s film production tax credit were debated Tuesday as state lawmakers heard testimony from supporters of the credit.

“To turn our backs on all the efforts made by the General Assembly would be devastating,” said Hannah Byron, assistant secretary for Tourism, Film & the Arts of the Maryland Department of Business and Economic Development.

Md. economy lagging, but grows next year, Fed economist predicts

Despite “lagging behind the nation,” Maryland’s fiscal forecast appears optimistic, speakers agreed Thursday at the Greater Baltimore Committee Economic Outlook Conference. “Maryland is lagging behind in the nation… but I am optimistic about 2015,” said R. Andrew Bauer, regional economist for the Federal Reserve Bank of Richmond, Baltimore Office and keynote speaker for the GBC conference.

Baltimore teachers, students rally for $10 million from City Hall for ‘community schools’

Hundreds of Baltimore area teachers, parents, and students rallied in Baltimore City Hall Tuesday afternoon to demand support and funding for more inner city community schools.

The Baltimore Teachers Union, Maryland Communities United and the Central Labor Council organized rally goers on Holliday Street in hopes of compelling Mayor Stephanie Rawlings-Blake and the Baltimore City Council to pledge a financial commitment of $10 million for emerging community schools.

Still searching for solution to shortfall in transportation funding

Former U.S. transportation secretary Ray LaHood urged leaders to consider following Virginia’s lead and rethink transportation funding at a panel discussion in Baltimore last week. LaHood proposes a higher federal gas tax to fund nationwide projects, but also suggested that the solution for a broken transportation system could be something like what Virginia did when it moved from a gas tax to a wholesale sales gas tax.