Tag: Peter Franchot

State Roundup: Services tax proposal killed

State Roundup: Services tax proposal killed

by | March 5, 2020 | | 0 |

House subcommittee kills proposal to tax some services as way to pay for Kirwan education reforms; meanwhile the House is on track to pass that sweeping education reform plan; as state raises it COVID-19 alert, Gov. Hogan seeks access to rainy day fund to help pay for fighting the virus; Board of Public Works OKs $8.9 million to three exonerees; citing Kavanaugh hearing ‘travesty,’ Republican lawmakers urged to vote against bill to give survivors of child sexual abuse more time to sue their abusers; Senate committee moves crime bills forward; Hogan meets with candidates in Baltimore’s mayor’s race; and Dem presidential candidate Joe Biden racking up endorsements in Maryland.

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State Roundup, January 22, 2020

by | January 22, 2020 | | 0 |

Gov. Hogan is asking the federal government for more visas for foreign workers to aid the state’s seafood industry; override of vetoed bill to provide tuition exemption for some undocumented immigrants set for this month; lawmakers says Redskins owner pushing legalized sports betting to keep stadium in Maryland; state prisons severely understaffed; legislators unlikely to give boost to 5G firms to build towers; bill would offer tax credits to long-distance commuters; Hogan budget designated $7.6 million for Carroll County projects; 2022 gubernatorial hopeful Peter Franchot already has $1.6 million in campaign coffers; and Baltimore County OKs gun shop security bill.

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State Roundup January 10, 2020

by | January 10, 2020 | | 0 |

Former Senate President Mike Miller calls for addressing Baltimore’s crime problem in lengthy floor speech; Comptroller Peter Franchot confirms run for governor; Iran resolution passes house with all but one Maryland vote; online ad tax proposed; hospital op-ed praises state’s system; Hogan suggests retirement tax break for emergency responders; Morgan State University announces consideration of partnership for medical school; Baltimore youth fund under scrutiny; lawmakers from around the state discuss 2020 session and start meeting as delegations; judge rules against tenants in presidential son-in-law’s case; Brown picks a presidential candidate; Mia Mason will challenge Rep. Andy Harris; MVA working on REAL ID; tourism official calls for more CEOs to visit Garrett

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State revenue estimates are down $783 million over the next two years, biggest write-down since 2010  

State revenue estimates are down $783 million over the next two years, biggest write-down since 2010  

by | September 21, 2016 | , | 1 |

Maryland tax revenues are expected to be down $365 million this fiscal year and another $418 million in fiscal 2018, a $783 million drop in what the state can spend, eating up all this year’s projected budget surplus. The estimate revision is the largest projected write-down since 2010, when the state was in the midst of recession recovery and the panel was off by 5%. “These are significant reductions in our estimates, and reflect the volatility that Maryland’s economy continues to experience,” Comptroller Peter Franchot said.

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