2025 Session Primer: When Do State Tax Changes Spill Over Into County Budgets?
As the 2025 Maryland General Assembly begins, tax policy is front and center for lawmakers and advocates alike. A closer look reveals a crucial question: do changes in State tax policy directly or indirectly affect county revenues? Here’s a quick primer to help navigate the intersection of State and county fiscal matters: Personal Income Taxes The State income tax is Maryland’s largest source of general revenue. While county income tax rates operate independently of State…