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Maryland governor proposes $4.6 billion tax relief package

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ANNAPOLIS, Md. (AP) — Maryland Gov. Larry Hogan is proposing a major tax relief package for the upcoming legislative session, but much of what the governor is supporting has stalled in the General Assembly in recent years.

The Republican governor described his plan at a news conference Tuesday as the largest tax-relief package in the state’s history. He said it would deliver more than $4.6 billion in relief to Maryland families, small businesses and retirees. Maryland has an enormous budget surplus this year because of federal pandemic relief,  The governor’s plan would eliminate state retirement taxes.

Maryland’s 90-day legislative session begins today.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

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Maryland lawmakers convene for 90-day legislative session

ANNAPOLIS, Md. (AP) — Maryland lawmakers are gathering in Annapolis today for their 90-day legislative session. They are starting with a huge budget surplus because of unexpectedly large revenues resulting from the help of federal pandemic aid. Democrats, who control the General Assembly, say they will be prioritizing upgrades to parks, bridges, schools and information technology systems to help put more people back to work. Republicans, including Gov. Larry Hogan, […]

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