Browsing the "Taxes" 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


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


Legislators want to collect more hotel taxes from online travel sites

February 11th, 2015 | by Rebecca Lessner

Maryland brick and mortar hotels are attempting to close a loophole in Maryland law that allows online travel booking sites to pocket a portion of the state and local sales taxes, hiding under the term “taxes and fees.” Sen. Richard Madaleno asked the Senate Budget and Taxation Committee Wednesday to modernize the state sales tax in order to include online commerce


Dollar-a-pack cigarette tax hike proposed, despite Hogan pledge

February 5th, 2015 | by Rebecca Lessner

Despite Gov. Larry Hogan’s promise to cut taxes, Sen. Richard Madaleno and the Marylands Citizens’ Health Initiative are pushing to raise taxes on cigarettes by $1 to $3 a pack, in order to fend off Hogan’s budget cuts to health care


Maryland taxes are fairer than in most states, report says

January 14th, 2015 | by Rebecca Lessner

Maryland ranked as the 38th least “unfair” state in Institute on Taxation and Economic Policy's semi-annual taxation report, published on Wednesday. This means Maryland’s tax policies are considered more fair than three-quarters of the states. Delaware ranked as the state with the fairest tax structure, and Pennsylvania had among the worst.


Benefits of film tax credit debated at legislative hearing

December 2nd, 2014 | by Alexis Webb

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



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