Baltimore City Tax Sale Workgroup Convenes This Week
County News / Housing and Community Development / News You Can Use / Taxes and Revenues
Baltimore City Tax Sale Workgroup Convenes This Week

The Baltimore City Tax Sale Workgroup will hold its first meeting on Thursday, October 28th, at 2:00 p.m. As previously reported on Conduit Street, the Tax Sale Workgroup will identify and recommend solutions to close gaps in the system and advise the City on making the process more equitable. In addition, the Workgroup will evaluate ways to offer residents more options to satisfy outstanding tax debts and work with state lawmakers to allow for greater…

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October 25, 2021
Here’s How Governor Hogan Plans to Spend $2.5B Budget Surplus
County News / General Assembly News / News You Can Use / State Budget and Fiscal Issues / Taxes and Revenues
Here’s How Governor Hogan Plans to Spend $2.5B Budget Surplus

Governor Larry Hogan this week released a five-point framework for spending a $2.5 billion budget surplus. The massive fund balance -- the result of much larger-than-expected revenue growth, primarily driven by an influx of federal stimulus funding, as well as a significant uptick in personal and business income and consumer spending — is the largest in state history. The five-point plan includes bolstering the state's rainy-day fund, tax relief for retirees and working families, enhancing…

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October 8, 2021
Appeals Court Rejects States’ Challenge to SALT Cap
County News / NACo and Federal Issues / News You Can Use / Taxes and Revenues
Appeals Court Rejects States’ Challenge to SALT Cap

A federal appeals court yesterday rejected a constitutional challenge to the cap on state and local tax (SALT) deductions on the federal income tax. The United States Court of Appeals for the Second Circuit affirmed a lower court ruling that dismissed a lawsuit brought by four states, including Maryland, challenging the $10,000 limit on state and local tax (SALT) deductions enacted by the 2017 federal tax reform law. The appeal challenged the U.S. District Court…

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October 6, 2021
Board of Revenue Estimates Approves Nearly $1 Billion Write-Up for FY22
County News / General Assembly News / News You Can Use / State Budget and Fiscal Issues / Taxes and Revenues
Board of Revenue Estimates Approves Nearly $1 Billion Write-Up for FY22

Federal relief funds, higher-than-expected tax revenues drive nearly $1 billion revenue write-up for fiscal 2022. The Maryland Board of Revenue Estimates today voted to dramatically increase the revenue projections for fiscal 2022 by 5 percent to $21.1 billion, representing a $995 million increase from the March estimates. Additionally, the Board -- which includes Comptroller Peter Franchot, Treasurer Nancy Kopp, and Budget Secretary David Brinkley -- set the first official revenue forecast for fiscal 2023 at…

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September 30, 2021
MDTA Opens Second Comment Period for American Legion Bridge
Taxes and Revenues / Transportation and Public Works
MDTA Opens Second Comment Period for American Legion Bridge

The Maryland Transportation Authority (MDTA) announced the opening of the second comment period for tolls on the American Legion Bridge. Comments will be accepted now through October 28 at 5pm.  The MDTA has opened the second comment period, part of the toll rate range setting process for proposed High Occupancy Toll (HOT) lanes for Phase 1 South: American Legion Bridge I-270 to I-370. According to an MDTA press release, comments can be submitted one of…

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September 30, 2021
This Week: State to Unveil Latest Revenue Estimates
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This Week: State to Unveil Latest Revenue Estimates

The Board of Revenue Estimates will hold a virtual meeting on Thursday afternoon to vote on revised general fund revenue estimates for fiscal years 2022 and 2023. The forecasts for the current fiscal year and the one that begins in July 2022 will provide budget writers and policymakers with the latest revenue projections and economic trends, which provide a foundation for crafting the state budget. The three-member panel, which includes Comptroller Peter Franchot, State Treasurer…

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September 28, 2021
September 29 Child Tax Credit Navigator Training
County News / NACo and Federal Issues / State Budget and Fiscal Issues / Taxes and Revenues
September 29 Child Tax Credit Navigator Training

Members of the National Association of Counties (NACo) are cordially invited to join an upcoming training hosted jointly by the White House, Department of the Treasury, and IGA Associations on Wednesday, September 29, from noon to 1 pm ET. The White House and Treasury are partnering with Federal agencies, national organizations, and community groups to train thousands of people across the country to serve as navigators who can walk families through the Code for America…

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September 28, 2021
Wicomico County Seat Considers Uber Tax
Economic Development / Public Works / State Budget and Fiscal Issues / Taxes and Revenues / Transportation and Public Works
Wicomico County Seat Considers Uber Tax

Salisbury, the county seat of Wicomico County, is considering a 25 cent Uber tax to fund infrastructure.  In a move to raise revenue to help fund the city's transportation programs, Salisbury is considering applying a 25 cent tax on all Uber and Lyft rides within the city. "'It's essentially free money out there for us,' the City's Director of Infrastructure and Development, Pollack, said to the council. 'It's an untapped revenue source'" (Delmarva Now). One…

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September 28, 2021
City Charts Path to Tax Sale Reform, Will Purchase 450+ Owner-Occupied Liens
County Budgets / County News / Housing and Community Development / News You Can Use / Taxes and Revenues
City Charts Path to Tax Sale Reform, Will Purchase 450+ Owner-Occupied Liens

While outlining plans for equitable reform, Baltimore City will purchase hundreds of liens on owner-occupied tax sale properties. Baltimore City Mayor Brandon Scott announced the City's short- and long-term strategy for comprehensive tax sale reform, prioritizing immediate relief to owner-occupied properties facing tax sale. Today's announcement follows the Mayor's decision in May to remove first-time owner-occupied liens from the annual tax sale. As part of its commitment to protecting legacy residents, Mayor Scott said the…

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September 23, 2021
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