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State Roundup: Franchot urges aid for lower income residents as revenue estimates come in

State Roundup: Franchot urges aid for lower income residents as revenue estimates come in MarylandReporter.com photo REVENUE ESTIMATES HIGHER, BUT $600M-$700M LESS THAN PRE-COVID: Bryan Renbaum of MarylandReporter.com spoke with Comptroller Peter Francot on Friday. He said that while revenue estimates improved since September – which he called a surprise – “We are still $600 million or $700 million less than what we should have been pre-pandemic.” The state’s chief tax collector, an announced candidate for governor in 2022, called on Gov. Hogan (R) and Democratic leaders of the General Assembly to approve a one-time stimulus payment to lower-wage workers, Bruce DePuyt of Maryland Matters reports. “I have identified $1.5 billion in state reserves that could be spent immediately to prevent evictions, feed the hungry, provide medical care, and also support small businesses,” Franchot said.

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