Presiding Officers Reject Calls for Special Session

This week, House Speaker Adrienne Jones and Senate President Bill Ferguson pushed back on calls to convene a special session of the Maryland General Assembly to stop an automatic gas tax increase scheduled to take effect on July 1. As previously reported on Conduit Street, Comptroller Peter Franchot urged Governor Larry Hogan and the Presiding Officers to convene a special session to stop the inflation-driven automatic gas tax increase of 6.6 cents per gallon. The…

Comments Off on Presiding Officers Reject Calls for Special Session
Feds Relaunch Simplified Online Portal for Low-Income Families to Claim Expanded Child Tax Credit

The White House, in partnership with the US Department of the Treasury and Code for America, relaunched the GetCTC portal, which had been temporarily unavailable to encourage families to submit tax returns during the tax filing season. This simplified sign-up tool, available in English and Spanish, allows low-income families and individuals who do not regularly file taxes to claim their expanded Child Tax Credit (CTC). Families have until October 2022 to claim their CTC. Those…

Comments Off on Feds Relaunch Simplified Online Portal for Low-Income Families to Claim Expanded Child Tax Credit
Comptroller Calls for Special Session to Halt Automatic Gas Tax Hike

Comptroller Peter Franchot today sent a letter to Governor Larry Hogan, Senate President Bill Ferguson, and House Speaker Adrienne Jones urging them to convene a special session of the Maryland General Assembly to pass emergency legislation granting the Comptroller the authority to waive the 18 percent increase to the state gas tax, scheduled to be implemented on July 1. The letter comes after Governor Hogan this week urged the Comptroller to minimize the impact of…

Comments Off on Comptroller Calls for Special Session to Halt Automatic Gas Tax Hike
Over $1.7M Awarded to More Than 100 Maryland Nonprofits

Today the state awarded over $1.7 million to over 100 Maryland nonprofits through the Community Investment Tax Credit Program. The Maryland Department of Housing and Community Development announced today the award recipients for the Community Investment Tax Credit Program. More than 100 nonprofit organizations, designated as 501(c)(3) organizations by the Internal Revenue Service, applied for these tax credits in order to attract private contributions to support projects or activities in communities located within a designated…

Comments Off on Over $1.7M Awarded to More Than 100 Maryland Nonprofits
The Opioid Settlements: Where Are We Now?

The Maryland General Assembly passed, and Governor Larry Hogan has signed, House Bill 1086/Senate Bill  419 - Opioid Restitution Fund - Appropriation of Settlement Funds and Grant Program, which codifies a division of funds agreement between the state and local subdivisions (counties and municipalities) regarding several recent opioid settlements. In November of 2021, MACo, The Maryland Municipal League, and Attorney General Brian Frosh's Office began work on the agreement controlling approximately $395 million in settlement funds…

Comments Off on The Opioid Settlements: Where Are We Now?
Baltimore City Postpones Tax Sale, Removes Owner-Occupied Homes

Baltimore City Mayor Brandon Scott announced that the City's annual tax sale would be postponed until June to allow more homeowners to pay off existing liens on their properties. The Mayor has also directed the Department of Finance to remove all owner-occupied properties from the sale. The move will allow residents to take advantage of the processes and resources available to assist them in resolving liens and other financial obligations. “This is about taking action…

Comments Off on Baltimore City Postpones Tax Sale, Removes Owner-Occupied Homes
Anne Arundel Exec’s Budget Lowers Taxes, Includes Key Taxpayer Benefits

Anne Arundel County Executive Steuart Pittman announced tax savings and other key taxpayer benefits in a preview of his fiscal 2023 budget proposal, slated to be introduced to the County Council on April 29. “This budget proposal removes our structural deficit, reduces borrowing, increases reserves, lowers taxes, and provides record investments - in education, public safety, parks, health, and smart infrastructure,” County Executive Pittman said. “I often say that we are working together to make…

Comments Off on Anne Arundel Exec’s Budget Lowers Taxes, Includes Key Taxpayer Benefits
Advisory Panel: Keep State Property Tax Rate Flat

Commission on State Debt recommends keeping state property taxes flat for fiscal 2023. The Commission on State Debt today recommended a State property tax rate of 11.2 cents per $100 of assessed value on real property and 28.0 cents per $100 of assessed value on operating real property of public utilities for fiscal 2023. Those rates have been in place since 2007. As an advisory board to the Board of Public Works, the Commission convenes…

Comments Off on Advisory Panel: Keep State Property Tax Rate Flat
Close Menu