Browsing the "News" Category

Rain tax repeal gets hearing

March 3rd, 2015 | by Rebecca Lessner

Republican Gov. Larry Hogan’s office joined senators in presenting three identical bills at a Senate committee hearing Tuesday to repeal the “rain tax,” the pejorative nickname for stormwater remediation fee

Comptroller, budget secretary concerned about cuts to pension payments

March 1st, 2015 | by Len Lazarick

Comptroller Peter Franchot and Gov. Larry Hogan's budget secretary are both raising objections to a proposal reducing state pension payments, saving money that may be used to increase education aid and state employee salaries. "It is a bait and switch on rank-and-file teachers and state employees," said Franchot, as well as "bait-and-switch" on the state's rating agencies and taxpayers

Rascovar: Reneging on a pension promise – again

March 1st, 2015 | by Barry Rascovar

The legislature's fiscal leaders, in a truly bizarre move, are considering reneging -- once again -- on a commitment to state workers and the public by pulling the plug on supplemental state contributions to Maryland's severely underfunded pension program

Hogan, business groups favor small business property tax break

March 1st, 2015 | by Rebecca Lessner

Part of Gov. Larry Hogan’s promise to make Maryland “open for business” is a bill exempting many small businesses from the personal property tax collected by the counties. The exemption would be given to businesses with less than a $10,000 property value, on items such as equipment, furniture, computers, tools and inventory. It applies to more than half of Maryland’s small businesses and will result in an estimated $7 million in tax relief

Health advocates want state to stop taxing bottled water

February 25th, 2015 | by Rebecca Lessner

Health advocates moved to make water the “default drink of Maryland” by submitting a bill that would repeal the 6% sales tax on bottled water. Some health foundations spoke before the Senate Budget and Taxation Committee in support of SB 574 on Wednesday, where legislators identified the elephant in the room -- a possible general fund loss of $20 million annually

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