Browsing the "Taxes" Category

Senate committee scales back Hogan tax relief proposals

March 27th, 2015 | by Len Lazarick

A Senate committee voted on four of Gov. Larry Hogan’s tax relief proposals Friday, significantly scaling back three of them and outright killing a fourth. Average taxpayers will see little to no immediate effect of any of the measures as passed by the Senate Budget and Taxation Committee

Senate approves online travel tax

March 24th, 2015 | by Len Lazarick

The Senate in a 32-15 vote Tuesday passed a bill its sponsors claim closes a tax loophole for online travel sites, but those companies as well as brick-and-motor travel agents are protesting it as a new tax on services

Online travel firms claim bill is new tax, legislators say it closes loophole

March 19th, 2015 | by Len Lazarick

Is a bill targeting online travel companies creating a new tax on services, as opponents claim, or an attempt to close a loophole and collect sales tax on hotel charges the companies are pocketing for themselves? Those are the key issues the state Senate will be debating Friday as it takes up SB190 that passed out of its Budget and Taxation Committee Wednesday

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

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