Browsing the "Michael Busch" Tag

Senate president announces committee assignments

December 17th, 2014 | by Len Lazarick

Senate President Mike Miller announced the full slate of committee assignments Tuesday, finding places for the 11 new senators and shifting several of the incumbents. The Democratic presiding officer determines the committee assignments for both Democrats and Republicans in the 47-member Senate


Rascovar: McIntosh bites the budget apple

November 23rd, 2014 | by Barry Rascovar

Until last week, Del. Maggie McIntosh was an important member of the House of Delegates leadership. Now, suddenly, she’s a Very Important Person. The new chair of the House Appropriations Committee holds the second-most powerful post in the chamber. It even could put her in prime position to succeed House Speaker Mike Busch whenever the Annapolis lawmaker decides to give up his gavel


Extra tax break for ‘House of Cards’ folds in final hour

April 8th, 2014 | by Jeremy Bauer-Wolf

Six lawmakers, three from each chamber of the Maryland General Assembly, standing in a ring in the House of Delegates lounge at a half hour before midnight, vehemently haggling over a single bill. They had only 30 minutes before the close of the 2014 session, and they needed to find middle ground on legislation that would grant the popular Netflix drama an additional $3.5 million in tax dollars


Miller ‘reluctantly’ supports estate tax cut he’s sponsoring

March 19th, 2014 | by Jeremy Bauer-Wolf

Though he’s listed as chief sponsor of a bill that would cut Maryland’s estate tax, Senate President Mike Miller said Wednesday he only “reluctantly” supports his legislation, and its House equivalent, which delegates passed last week. But, Miller said, it is important to keep Maryland’s rate competitive to those of other states


House votes to cut taxes on the wealthiest dead

March 9th, 2014 | by Len Lazarick

The House of Delegates overwhelmingly approved a tax cut in Friday’s session that would benefit Maryland’s millionaires after they die. In a 120-13 vote, the House voted to exempt more assets from the estate tax, which taxes a property of a deceased individual if it’s valued at $1 million


Assembly leaders back cutting estate taxes, but opponents knock break for wealthy

March 5th, 2014 | by Jeremy Bauer-Wolf

General Assembly leaders say they are fearful wealthy Maryland residents are moving out of state because of Maryland’s high estate tax and are promoting legislation that would cut the “death tax” Maryland imposes a tax when property is transferred from the deceased to a living relative, if that property is valued at more than $1 million -- the tax caps at 16% of the entire estate


Rascovar column: Do-gooders know best about wages

February 2nd, 2014 | by Len Lazarick

Raising the minimum wage is all the rage among liberal Democrats and liberal advocacy groups. Listening to them it’s clear a much higher minimum will dramatically close the income inequity gap. Columnist Barry Rascovar explores the downside of upping the minimum wage, and offers a better alternative.


Staff tells legislators to keep current lid on state debt

November 14th, 2013 | by Len Lazarick

The legislature's fiscal staff told lawmakers Thursday that they should not follow an O’Malley administration proposal to increase Maryland's authorized debt by $375 million over the next five years. The staff said this is one way to reduce debt service -- payments of principal and interest on the state's bonds -- that will grow by 24% in those five years. It would be the largest increase in any budget category



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