Prediction Markets, AI Agents, and Who Sets the Rules

From betting on election outcomes to AI agents acting on their own, emerging technologies are raising new questions about regulation, accountability, and the role of government. On this week's Conduit Street Podcast, Kevin Kinnally and Michael Sanderson welcome back Ben Yelin of the University of Maryland Center for Health and Homeland Security and the University of Maryland Carey School of Law for a "tech talk" about the rapidly changing technology landscape. Tune in to the…

Comments Off on Prediction Markets, AI Agents, and Who Sets the Rules
Montgomery Council Considers Three Targeted Tax Credits

The Montgomery County Council is considering three tax-credit proposals for families with children, homeowners, and public school employees. The County Council held public hearings on all three bills on October 13, with committee work sessions scheduled for October 29. Bill 46-26 would create a County grant supplementing Maryland’s child tax credit. Taxpayers with federal adjusted gross income of $15,000 or less could receive $500 per qualifying child, decreasing by $50 for each additional $1,000 in…

Comments Off on Montgomery Council Considers Three Targeted Tax Credits
Deep Dive: What Is One Penny on the Property Tax Worth?

Maryland counties all levy property taxes, but the same one-cent increase can generate more than $25 million in one jurisdiction and less than $500,000 in another. The difference comes down to the size and makeup of the local property tax base. That gap helps explain why comparing county tax rates alone tells only part of the story. Counties fund many of the same core services, but with very different levels of property tax capacity. A…

Comments Off on Deep Dive: What Is One Penny on the Property Tax Worth?
Read more about the article Revenue Task Force Weighs School Funding Gaps, New Local Options
NACo compared the mix of county-generated revenues in Maryland, North Carolina, Tennessee, and Virginia using 2022 Census finance data.
Revenue Task Force Weighs School Funding Gaps, New Local Options

Maryland’s Task Force to Modernize County and Municipal Revenue Structures focused its October 2 meeting on rising school facility costs and several potential new revenue options for local governments. School construction and maintenance costs dominated the first part of the meeting. IAC outlined nearly $2 billion in annual unmet needs for school maintenance, operations, and capital renewal, along with a separate $1.3 billion gap in State school construction funding over the past two decades. The…

Comments Off on Revenue Task Force Weighs School Funding Gaps, New Local Options
This Week: Local Revenue Task Force Reconvenes

Maryland’s Task Force to Modernize County and Municipal Revenue Structures will meet again on Friday, October 2, as members continue weighing new local revenue options and prepare recommendations ahead of the 2027 legislative session. The virtual meeting begins at 1:00 pm, and will stream live on the Maryland General Assembly website. The agenda includes presentations on school construction, county revenue structures nationwide, several potential local revenue options, and current local tax rates. The Interagency Commission…

Comments Off on This Week: Local Revenue Task Force Reconvenes
State Revenue Forecast Ticks Up Despite Weak Growth

Maryland’s latest revenue forecast adds $319.9 million to expected fiscal 2027 revenues, but underlying General Fund revenues are still projected to decline 0.9% as the State faces slow growth, federal employment losses, elevated inflation, and other economic risks. The Maryland Board of Revenue Estimates (BRE) released its September update this week, raising the fiscal 2027 revenue forecast to $27.44 billion. BRE also issued its first fiscal 2028 forecast of $28.35 billion, representing 3.3% growth in…

Comments Off on State Revenue Forecast Ticks Up Despite Weak Growth
County Leaders Push for Revenue Flexibility, Guard Against Cost Shifts

County leaders across Maryland called for more local revenue options while delivering an equally clear message: a new authority cannot become another way to shift state costs onto county budgets. The Task Force to Modernize County and Municipal Revenue Structures held a public hearing on September 14, giving county executives, council members, commissioners, and fiscal leaders a chance to weigh in as the panel develops recommendations ahead of the 2027 legislative session. The General Assembly…

Comments Off on County Leaders Push for Revenue Flexibility, Guard Against Cost Shifts
WV Builds Data Center Strategy Around Growth and Local Revenue

West Virginia is pairing incentives for data center development with a statewide plan to distribute new revenue among host counties, infrastructure needs, and tax relief. West Virginia is positioning itself as a major destination for data center development, with state officials announcing two new projects valued at more than $81 billion. The announcements build on a broader push that state leaders say has generated approximately $96 billion in private-sector investment and more than 19,000 projected…

Comments Off on WV Builds Data Center Strategy Around Growth and Local Revenue
Revenue Task Force Weighs Options for Modernizing Local Revenues

The Local Revenue Task Force met Monday to review potential options for modernizing local revenue structures. Members examined existing taxing authority, previous legislative proposals, and several approaches that could give counties and municipalities more flexibility. The Task Force to Modernize County and Municipal Revenue Structures met Monday to work through the mechanics behind Maryland’s local revenue system. The Department of Legislative Services (DLS) reviewed State aid, the State budget, existing local taxing authority, recent legislation,…

Comments Off on Revenue Task Force Weighs Options for Modernizing Local Revenues