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Franchot announces temporary waiver of estimated tax interest for farmers and fishermen

Comptroller Peter Franchot (D) this week announced that his agency is granting a limited, temporary waiver of estimated tax interest for farmers and fishermen who are impacted by provisions of ....

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Maryland leaders sign COVID-19 RELIEF Act of 2021

Gov. Larry Hogan and the leaders of the General Assembly signed the RELIEF Act of 2021 into law to provide stimulus and tax relief to Maryland families and small businesses. ....

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COVID-19 relief bill for undocumented workers meets fierce opposition

Maryland Republican lawmakers are fiercely opposing a proposal to provide COVID-19 relief funds to undocumented taxpaying workers.GOP senators charge Democrats are pushing a far-left agenda, while Democrats argue issues surrounding COVID-19 must include tax fairness.A civil but heated discussion took place Wednesday on the Senate floor over legislation that would provide COVID-19 relief money to low-income taxpaying workers who are not U.S. citizens. Senate Bill 218 would benefit some 60,000 people. So we are going to spend $60 million creating a special welfare program and checks for these individuals, said Sen. Michael Hough, R-Frederick and Carroll counties. They are already paying sales tax, they are already paying property tax and they are just trying to do what they can to make sure their family can survive, so this is tax fairness, said Sen. Craig Zucker, D-Montgomery County. Today was a microcosm of the entire session. We are seeing more liberal bills get in there. ....

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Senate passes Hogan's Relief Act of 2021

The Senate has passed Gov. Larry Hogan s Relief Act of 2021. || Coronavirus updates | Maryland s latest numbers | Get tested | Vaccine Info ||The $1.5 billion coronavirus relief package now heads to the House of Delegates, who are working on their own version of the legislation already passed by senators. The Senate bill, as amended, is a significant bipartisan effort. Lawmakers point out they are taking immediate short-term action so that tomorrow will be better for everybody.|| See full summary of RELIEF Act ||The $1.5 billion stimulus package, which easily passed in the Senate, provides $750 dollars in direct payments to low-income families. Those who are still waiting for unemployment insurance benefits will each get a $1,000. Significant tax breaks will be available for small businesses, as well as millions of dollars in grants, which includes money for entertainment, restaurants and other hospitality venues.“This is really about the next four months and this is immedi ....

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