ANNAPOLIS – A Senate committee overhauled the House’s budget Tuesday, substituting slots, a tobacco tax hike and a one-year corporate income tax surcharge for the lower chamber’s raid on the Rainy Day Fund and business taxes and fees
House OKs $260 Million in Corporate Taxes, Fees
ANNAPOLIS – The House approved about $260 million in new taxes and fees Wednesday, moving the budget’s most controversial aspects from the back rooms to the Senate chambers
Senate Panel Passes Slots, House Budget Cuts Them
ANNAPOLIS – The two chambers of the Maryland General Assembly took opposite tacks on legalizing slot machines Tuesday, with a Senate panel forwarding the idea to the full membership and the House introduction of a budget that replaces slots revenue with new taxes and spending cuts
Deficit Grows as Leading Lawmakers Haggle Over Budget Deal
ANNAPOLIS – Maryland’s budget deficit grew to almost $2 billion, officials announced Tuesday, a scenario Gov
Slots Study Slides Through House Panel
ANNAPOLIS – The House Ways and Means Committee shelved all its slot- machine proposals Friday and unanimously approved a bill to study the impact, quantity and estimated revenue of slot machines
Businesses Could Lose Share of Sales Tax
ANNAPOLIS – Businesses are bristling over a proposed change to Maryland tax law that will net the ailing state $11 million, but leave stores without compensation for collecting sales taxes for the state
Tracks Plan Big Spending for Slots, Want to Recoup Costs
ANNAPOLIS – Three racetracks will spend more than $1 billion to upgrade their facilities, largely for slot-machine players, and they’re asking for a bigger share of the proceeds to pay for their trouble