MACo Legislative Director Kevin Kinnally today testified before the House Ways and Means Committee in support of HB 268 and SB 274 – Property Tax – Exemptions for Business Personal Property – Alterations. This bill would deliver meaningful tax relief for small and home-based businesses amidst pandemic-driven economic uncertainty.
From the MACo testimony:
The swift and unprecedented shock of the COVID-19 public health crisis wreaked havoc on the economy. As the focus shifts to restoring our state and local economies in a manner that is safe, equitable, and prosperous for all, counties are eager and committed partners in promoting economic growth and creating opportunity.
Strengthening Maryland’s small businesses contributes directly to the growth of local, state, and national economies. This in turn creates jobs, contributes to enhancing quality of life, and expands the local tax base – enabling counties to better provide core services for Maryland families and businesses.
More on MACo’s Advocacy:
Follow MACo’s advocacy efforts during the 2022 legislative session on MACo’s Legislative Tracking Database.
Learn more about MACo’s 2022 Legislative Initiatives.
Read more General Assembly News on MACo’s Conduit Street blog.