On Wednesday, Kevin Kinnally submitted written testimony in opposition of SB 88 Student Debt Relief Act of 2019.
From the MACo Testimony:
Counties are eager and committed partners in promoting economic growth and creating opportunity – we prefer local autonomy in determining the best way locally. The Maryland Association of Counties (MACo) opposes state-mandated reductions in local revenue sources, but welcomes tools to grant county options and flexibility to pursue their own parallel tax incentives, or to develop others to suit their local needs…
…State proposals that involve local revenue sources can be enacted as “local option” offerings, to allow counties maximum flexibility to achieve local goals. MACo urges the Committee to primarily consider state income tax credits as the best means to incorporate local tax relief as part of a broader policy.
MACo and county governments stand ready to work with state policymakers to develop flexible and optional tools to create broad or targeted tax incentives, but resist state-mandated changes that preclude local input.
For more on 2019 MACo legislation, visit the Legislative Database.