A Maryland lawmaker is vying for the state to reimburse personal property taxes to businesses reeling from the pandemic, though the refund could cost the state an estimated $365 million.
Last year, Maryland businesses paid an average of $2,860 in these property taxes, which include physical assets that businesses need to operate â like refrigerators at restaurants and swivel chairs at barber shops.
More than 126,000 Maryland businesses filed a personal property tax return in 2020, according to a legislative analysis, and Del. Kevin Hornberger (RâCecil) said his bill, House Bill 1257, will keep small businesses that are on the brink of collapse from shuttering.
Md bill reimbursing business property taxes would be costly
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Upper Bay Counseling and Support Services launches children s center
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After working for others for more than a decade,
Brian Wingert struck out on his own and has opened
Shoreline Repair Services.
Wingert, based in
Rising Sun, will come to your location and fix your appliances, computers, laptops or gaming systems.
âI had been employed with Aaronâs Rent to Own,â Wingert said Tuesday. His job was to repair washers and dryers, refrigerators and other rental items to make them ready to be rented again. However recently he decided to do it for himself and officially opened Shoreline Repair Services.
âI work with all brands,â Wingert said, noting he was going to repair a Samsung refrigerator with a broken ice maker.