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Home | Category: Budget & TaxationApril 15, 20092009 Maryland General Assembly Session Recap
The 2009 General Assembly session ended earlier this week. During the 90-day session, the Maryland Chamber took positions on 209 of the 2,674 bills and joint resolutions introduced. You... More»
April 4, 2009This Week in Annapolis - April 3
Here are some of this week’s legislative updates from the Chamber Action Network blog: One Size Fits All Shift Breaks Bill DefeatedThe House Economic Matters Committee voted yesterday to defeat... More»
March 28, 2009This Week in Annapolis - March 27
Here are some of this week’s legislative updates from the Chamber Action Network blog: Small Group Reforms MovingLegislation to introduce market-based reforms into the Small Group Health Insurance Plan were... More»
March 20, 2009This Week in Annapolis
Here are some of this week’s legislative updates from the Chamber Action Network blog: False Claims Bill Headed to Senate FloorThe Senate Judicial Proceedings Committee approved an amended version of... More»
March 12, 2009Updating Our 2009 Priority Bills
We are doing most of our legislative blogging over on the Chamber Action Network website. If you haven’t checked it out yet, visit www.chamberactionnetwork.com. Here is an update on some... More»
December 12, 2008Split Rate Property Tax Bill is Back in Montgomery County
Maryland Chamber Vice President of Government Affairs Ron Wineholt was in Rockville yesterday evening to testify in opposition to legislation that would allow Montgomery County to impose discriminatory rates of... More»
December 6, 2008Chamber Board Approves 2009 Business Agenda
The Maryland Chamber’s Board of Directors approved the 2009 Business Agenda during its November meeting. The Business Agenda outlines the Chamber’s priorities for the coming year and guides the organization’s... More»
November 14, 2008MD Business Tax Reform Commission to Hold First Meeting
The Maryland Business Tax Reform Commission has now been appointed and will hold its first meeting Wednesday, November 19, at 3:30 p.m. in Annapolis. Karen Syrylo, CPA, the Chamber’s State... More»
November 13, 2008Legislative Leaders Preview 2009 Session
The Maryland General Assembly’s Democratic and Republican leaders discussed the upcoming legislative session during the Maryland Chamber’s Business Policy Conference last week. The leaders all expect the state’s budget deficit... More»
November 5, 2008Maryland Voters Approve Slots Referendum
Maryland voters approved Question 2 yesterday, authorizing 15,000 slot machines at five locations around the state. “Maryland voters understood that this is a reasonable alternative to the budget cuts or... More»
November 4, 2008Misleading Corporate Tax Data - Round 4
For the fourth time in recent years, State Senator Paul Pinsky has requested and received data from the State Comptroller’s Office regarding corporate income tax payments. As with each of... More»
October 16, 2008Can It Get Any Worse? - Yes
This week Warren Deschenaux, the General Assembly’s top fiscal advisor, told legislative leaders that the recent economic downturn would leave the current state FY 2009 budget $513 million in the... More»
Corporate Reporting Wrapup
Here is a copy of the letter (pdf) sent to the Comptroller’s office by the Joint Legislative Committee on Administrative, Executive and Legislative Review (AELR) detailing the changes the committee... More»
October 14, 2008October 15 Corporate Reporting Deadline Delayed
The Joint Committee on Administrative, Executive and Legislative Review today gave conditional approval to the Comptroller’s emergency corporate reporting regulations with two changes: The comptroller may abate a penalty for... More»
October 9, 2008Oct. 15 Corporate Reporting Deadline Looms
October 15 is the deadline for corporations that are calendar year taxpayers and part of a corporate group to file additional data with the State Comptroller’s office for tax years... More»
October 3, 2008October 15 Deadline for Corporate Reporting
October 15 is the deadline for corporations that are calendar year taxpayers and part of a corporate group to file additional data with the State Comptroller’s office for tax years... More»
October 1, 2008Stronger Schools, No New Taxes
The Maryland Chamber of Commerce supports the passage of Maryland’s November 4 slots referendum. “On November 4, when Marylanders go to the polls, we encourage them to vote ‘yes’... More»
September 16, 2008Deep Thoughts With Anirban Basu
Daily Record Business Writer Robbie Whelan posted a great recap of Maryland Economist Anirban Basu’s presentation during the Maryland Association of Realtor’s annual convention. Basu, Chairman and CEO of the... More»
September 9, 2008Sales Tax on Services is Back
A group of Montgomery County leaders held a press conference yesterday to oppose the November 4 slots referendum and support additional tax increases, including a 1 percent sales tax on... More»
September 5, 2008State Budget News - Bad to Worse
Bad budget news swept across Annapolis this week like waves from an approaching storm. Last week, Warren Deschenaux, the General Assembly’s top fiscal advisor, wrote to legislative leaders that the... More»
September 4, 2008Update: New Corporate Reporting Requirements
The Maryland Comptroller’s Office has posted to its website a copy of the emergency regulations and a frequently asked questions document regarding the corporate information reporting requirements for corporate groups.... More»
August 19, 2008Slots Ballot Language Released
Secretary of State John McDonough issued the language of the slots ballot question yesterday. Here it is: Question 2 - Constitutional Amendment (Chapter 5, Acts of 2007 Special Session) Authorizing... More»
August 7, 2008October 15 - Don't Say We Didn't Warn You
October 15 is the deadline for corporations that are calendar year taxpayers and part of a corporate group to file additional data with the State Comptroller’s office for tax years... More»
July 22, 2008For Maryland For Our Future Launches a New Website
For Maryland For Our Future, the coalition to support the November 4 slots referendum, launched its website yesterday. The site looks great. Browsing the site is a great way... More»
July 9, 2008Wash Post: State Could Face $200 Million Gap
Maryland income and sales tax collections are falling short of expectations. During a fiscal briefing yesterday, analysts predicted that the State could face a $200 million budget gap by the... More»
June 27, 2008SDAT Implements Controlling Interest Tax
The State Department of Assessments and Taxation is implementing procedures to enforce the new transfer and recordation tax on transfers of controlling interests in entities that own real property in... More»
An Overview of Maryland's Corporate Reporting Requirements
The Maryland Association of CPAs posted a great article outlining Maryland’s new corporate reporting requirements. The article provides and outstanding overview that is easy to understand. It was written by... More»
State Budget Update
Today’s Gazette of Politics and Business features a story detailing Maryland’s shaky budget situation and outlining the importance of the November 4 slots referendum. State revenues continue to tumble and... More»
June 25, 2008New Reporting Rules for Corporations to be Released Soon
The Comptroller’s Office sent this alert (pdf) to thousands of corporations regarding the new information reporting requirements. The new requirements are the result of legislation passed in the 2007 special... More»
April 29, 2008Maryland Chamber of Commerce Supports Slots Referendum
[Photo: Maryland Chamber Chairman Betty Buck, President of Buck Distributing Co., Inc.; Chamber President/CEO Kathy Snyder, CCE; and James W. Dyke, Jr., Esq., a Partner with McGuire Woods, LLP... More»
April 4, 2008House Committee to Hear Tech Tax Bill this Afternoon
The House Ways & Means Committee will hear SB 46 this afternoon. This bill, which was passed by the Senate yesterday, would repeal the sales tax on computer services, impose... More»
April 2, 2008Senate Committee Votes to Repeal the Tech Tax
The Senate Budget and Taxation Committee voted this afternoon to repeal the computer services sales tax. As an alternative, the committee: Increased the income tax rate for those earning more... More»
April 1, 2008Tech Tax Update - April 1
This story in today’s Washington Post outlined the latest updates regarding the potential repeal of the computer services sales tax. Based on what the Maryland Chamber has heard, it doesn’t... More»
No News is Good News on the Split Rate Property Tax Bill
There has been no action on legislation to authorize each county to establish classes of real and personal property and impose varying rates of taxation on each class (SB 561/HB... More»
March 26, 2008Corporate Reporting Requirements Bill Clears Both Houses
Legislation to moderate the onerous corporate reporting requirements adopted during the November 2007 special session was unanimously passed by both houses earlier this week. Passage of this legislation is a... More»
March 25, 2008Tech Tax Update
The 2008 General Assembly session ends on April 7. The Fight the Tech Coalition has been working hard all session to convince lawmakers to repeal the computer services sales tax... More»
March 24, 2008Legislation to Moderate Corporate Reporting Requirements Nears Passage
Legislation, SB 444 and HB 664, to moderate the onerous corporate reporting requirements passed during the November 2007 special session is moving through the legislature. During the special session, the... More»
March 20, 2008Additional Time to Apply for Manufacturing Personal Property Tax Exemption
The Maryland Chamber is advocating legislation, SB 981/HB 1609, to give manufacturers additional time to apply for and receive a personal property tax exemption on their machinery and equipment. Under... More»
March 14, 2008Comptroller's Office Releases Draft Regulations
The office of the Comptroller has released draft regulations and a frequently asked questions document regarding the computer services sales tax set to take effect on July 1. View them... More»
MD Chamber Urges Lawmakers to Support Changes to Corporate Reporting Requirements
Earlier this week, the Maryland Chamber of Commerce encouraged two key committees to pass legislation to moderate the onerous corporate reporting requirements passed during the November 2007 special session. During... More»
March 13, 2008Maryland Chamber Opposes Income Tax Increase
Today’s Baltimore Sun reports that momentum is building in Annapolis for a plan to increase Maryland’s individual income tax on high wage earners. The bill, SB 1004 would establish two... More»
Tech Tax Opponents Rally in Annapolis
The Maryland Chamber, in partnership with the Fight the Tech Tax Coalition Partners, yesterday urged Maryland lawmakers to repeal the computer services sales tax enacted during the November 2007 special... More»
March 6, 2008Talking Business With Steny Hoyer
The U.S. Chamber sat down with Maryland Congressman, and House Majority Leader, Steny Hoyer to discuss the Democrats’ progress so far and the business agenda ahead. uschamber.com: How would you... More»
March 5, 2008March 12: Rally in Annapolis to Repeal the Tech Tax
Join us for a rally in Annapolis on March 12 to help send lawmakers a clear message. The tech tax is a threat to Maryland’s future. It must be... More»
March 11: Join us For a Tech Tax Discussion in Baltimore
Whiteford, Taylor & Preston LLP and Watkins, Meegan, Drury & Company LLC will host a lively discussion about the tech tax and its implications at 3:30 p.m. on March 11... More»
February 28, 2008Oppose Discriminatory Property Tax Changes
The Maryland Chamber strongly opposes legislation (HB 676) that would authorize each county to establish classes of real and personal property and impose varying rates of taxation on each class.... More»
February 20, 2008Attention Business Property Owners
Legislation (SB 561/HB 676) has been introduced that would authorize counties to specify the classes of property that are subject to real and personal property taxation and to vary the... More»
February 18, 2008February 27 - Save Maryland IT Day
Join us in Annapolis on February 27 for Save Maryland IT Day, a media event and lobbying day to advocate the repeal of the computer services sales tax. This... More»
February 7, 2008Legislation Would Moderate Onerous Corporate Reporting Requirements
During the November 2007 special session, the Maryland General Assembly passed legislation creating the Maryland Business Tax Reform Commission. The Commission will review and evaluate the state’s current business tax... More»
House Tech Tax Hearing Scheduled for March 12
The House Ways & Means Committee will hear the computer service sales tax bills on Wednesday, March 12 at 1 p.m. Mark you calendars. No word on a Senate hearing... More»
January 29, 2008Computer Services Sales Tax Bills
So far, lawmakers have introduced 11 bills to repeal or alter the computer services sales tax passed during the special session. We just posted a special page on our... More»
January 23, 2008Majority of Delegates Call for Repeal of Computer Services Sales Tax
Seventy-two of the 141 members of the Maryland House of Delegates have signed on as co-sponsors of a bill that would repeal the computer services sales tax enacted during the... More»
January 18, 2008New Corporate Reporting Requirements
Legislation was passed during the November 2007 special session to create the Maryland Business Tax Reform Commission. The Commission will review and evaluate the state’s current business tax structure and... More»
January 10, 2008Fight the Tech Tax
Together with the Tech Council of Maryland and many other local chambers, business organizations and companies throughout the state, we are launching a coalition to repeal the tax, which... More»
January 8, 2008Members in the News: Computer Services Sales Tax
Yesterday, two Maryland Chamber members were featured in news reports regarding their reactions to the computer services sales tax passed during the 2007 special session and set to take effect... More»
January 2, 2008Sun Editorial: Lawmakers Acted Rashly in Passing the Tech Tax
In its lead editorial today, “Much ado about little,” the Baltimore Sun slipped in a reference to the computer services sales tax that’s worth illuminating: The legislature’s actions last year... More»
December 26, 2007Editorial: Mystery Tax
The Capital ran the following editorial on December 21: Mystery tax PERHAPS IT’S no surprise that a coalition, Ax the Tech Tax, has already formed to advocate repeal of the... More»
Miller "Not of a Mood" to Repeal Computer Services Sales Tax
Sunday’s Washington Post featured an item from John Wagner indicating that Senate President Mike Miller is “not of a mood to repeal the computer services tax.” Here is the complete... More»
December 17, 2007Maryland Chamber's 2008 Business Agenda
The Maryland Chamber’s Board of Directors recently approved its 2008 Business Agenda. Priorities for the 2008 General Assembly session include: Repealing the hastily adopted sales tax on computer services. Revising... More»
December 10, 2007Computer Services Sales Tax News Links
Here are a couple recent articles and editorials about Maryland’s computer services sales tax. Computer Services Firms Want Sales Tax Repealed The Washington Post Repeal sought for computer tax Baltimore... More»
December 7, 2007The Latest on the Computer Services Sales Tax
Today’s Gazette of Politics and Business features a story detailing what some lawmakers are saying about the recently enacted sales tax on computer services. Read the full story here. Sen.... More»
December 4, 2007Do You Have Questions About the Computer Services Sales Tax?
Maryland Chamber State Taxation Consultant Karen Syrylo, CPA met today with Deputy Comptroller Linda Tanton to discuss the computer services sales tax. The Maryland Chamber has made repealing the new... More»
November 30, 2007Chamber to Discuss Computer Service Tax on MPT Next Week
Tune in to MPT’s Your Money & Business program Thursday, December 6 at 7:30 p.m. on MPT to learn more about the recently passed sales tax expansion to computer services... More»
Maryland's Computer Service Tax Includes Web Design
I talked with a few technology companies yesterday and they asked if web design services were a part of the recently enacted legislation expanding the sales tax to computer services.... More»
November 20, 2007How They Voted: Sales Tax Expansion to Computer Services
During the House floor debate on the tax bill that was signed into law yesterday (SB 2), Del. Jeannie Haddaway (R-Dist. 37) introduced an amendment to remove the language expanding... More»
November 19, 2007Special Session Results in $800 Million in New Business Taxes
The General Assembly concluded its 3 week special session today by enacting $1.4 billion in new taxes, $400 million in possible future state budget reductions, and authorizing slots at up... More»
Summary of Special Session Legislation
The special session is over. The Maryland Chamber will post more details and analysis of the new tax laws later today. The Department of Legislative Services has posted a great... More»
November 18, 2007Report: Tax Bill to Include Sales Tax on Computer Services
The Baltimore Sun is reporting that negotiators from the State Senate and House of Delegates have reached an agreement on the tax package this afternoon. The most notable element is... More»
November 16, 2007Friday Morning Update -- 11/16/07
We’re back from the Business Policy Conference. Thanks to everyone who made the trip to Cambridge despite the special session. I plan to post many of the PowerPoint presentations, and... More»
November 12, 2007How They Voted: Special Session Tax Bills
The Maryland Senate and the House of Delegates passed different versions of Governor Martin O’Malley’s tax package. To find out how your legislators voted, click here. Here are the roll... More»
November 11, 2007House Passes Its Version of Tax Plan
The House of Delegates passed its version of the tax package early this morning. The good news is that the House rejected proposals to expand the sales tax to services.... More»
November 10, 2007Special Session Update - November 10
Here is the status of the Governor’s legislation pending in the special session of the General Assembly: Senate The Senate has passed each of the Governor’s bills to the House.... More»
November 9, 2007House Plan: Combined Reporting, Higher Corporate Income Tax, Sales Tax on Repair Services
The House of Delegates is moving their version of the tax package today. Key elements include: Imposing mandatory unitary combined reporting. Increasing the corporate income tax from 7 percent to... More»
Franchot: Reject Sales Tax on Computer Services
Maryland Comptroller Peter Franchot sent a letter to House Speaker Michael Busch urging the House to reject the sales tax expansion to computer services. “While I am frustrated by the... More»
November 8, 2007Urge Your Legislators to Oppose Sales Tax Expansion
The Maryland Senate is expected to take action today, during an 11 a.m. session, on an amended version of SB 2, the Tax Reform Act of 2007. For a complete... More»
November 7, 2007Sales Tax on Computer Services Amendment
Here is a copy of the amendment (pdf) regarding the expansion of the sales tax to cover computer services. The definition of computer services include: Computer facilities management and operations;... More»
More Details on Sales Tax on Computer Services
We haven’t seen the language defining the specific computer services covered by the sales tax expansion approved yesterday by the Senate Budget and Taxation Committee, but here are the services... More»
November 6, 2007Sales Tax on Computer Services
The Senate Budget & Taxation Committee just approved an amendment to strike the sales tax on services listed in SB2 (real property management services and tanning, massage, physical fitness, sauna,... More»
More Changes to the Tax Plan
Andy Green has posted a great summary of the expected changes to the Governor’s tax plan on the Baltimore Sun’s General Assembly Blog. View the complete post here. Changes include:... More»
Sales Tax Expansion Update: Computer Services and Landscaping
This morning, the House Ways & Means Committee’s Revenues Subcommittee received a briefing about the tax package the Senate Budget and Taxation Committee is expected to approve later today. We... More»
November 3, 2007Legislation to Increase Filing Fees to $1,000 is Back
Another bill being heard by the House Ways & Means Committee today would increase the annual report filing fees of all business entities from $300 to $1,000 — HB 55.... More»
Lawmakers to Consider Expanding Sales Tax to Services
The House Ways & Means Committee is hearing a number of tax bills today, including HB 11, which would expand the sales tax to cover many professional services, including: Management... More»
November 2, 2007Green Fund Costly For Business
The Green Fund bill is being heard in the House Environmental Matters Committee today. The bill would impose an impervious surface fee assessed on residential, commercial, industrial, and institutional properties.... More»
Maryland Chamber Supports Slots
The slots hearing kicked off at 11 a.m. this morning. Hundreds of slots supporters filled Lawyers’ Mall in front of the Statehouse for a pre-hearing rally. Maryland Chamber Vice President... More»
Business Impact of a Personal Income Tax Rate Increase
The Senate Budget & Taxation Committee and House Ways & Means Committee heard the personal income tax rate increase proposal yesterday. The proposal would increase the individual income tax rate... More»
November 1, 2007Looking For More Budget Reductions
The House Appropriations Committee met today for a Department of Legislative Services briefing on potential budget reductions. To view a pdf of the presentation, click here. Chamber Vice President of... More»
Chamber Opposes Expansion of Sales Tax to Property Management Services
Maryland Chamber State Taxation Consultant Karen Syrylo, CPA, this afternoon testified in opposition to a proposal that would expand Maryland’s sales tax base to apply to real property management services.... More»
Chamber Opposes Property Tax Cut
Maryland Chamber Vice President of Government Affairs Ron Wineholt testified earlier today in opposition to the proposed state real property tax rate reduction because it will require at least $224... More»
October 31, 2007Corporate Tax Hearing Wrapup
This afternoon, the House Ways and Means, House Appropriations, and Senate Budget and Taxation Committees held a joint hearing on a number of corporate tax proposals — namely a corporate... More»
Trick or Treat: Bill Would Expand Sales Tax to Professional Services
Saturday, November 3, the House Ways & Means committee will hear legislation to expand the sales tax to professional services, HB 11. Services being considered for taxation include: Management and... More»
October 30, 2007Maryland Chamber Opposes the Elimination of Electric Generation Tax Grants
Maryland Chamber Vice President of Government Affairs Ron Wineholt provided testimony today in opposition to provisions of the Budget Reconciliation Act (SB1/ HB1) that would eliminate $31 million in annual... More»
Maryland Chamber Urges Lawmakers to Restrain Spending
During a joint hearing of the House Appropriations, House Ways and Means, and Senate Budget and Taxation Committees today, Maryland Chamber Vice President of Government Affairs Ron Wineholt urged lawmakers... More»
State Spending and Revenues
The Maryland Department of Legislative Services presented lawmakers with an overview of the State budget this morning during a joint hearing of the House Appropriations, House Ways and Means,... More»
October 29, 2007Chamber on the WBAL Today
Maryland Chamber Vice President of Government Affairs Ron Wineholt will discuss the special session with former State Senator Clarence M. Mitchell. IV (C4) today, between 12:30 p.m. and 1 p.m.,... More»
October 25, 2007Special Session Begins Monday -- Contact Your Legislators Today
Governor Martin O’Malley has called the General Assembly into a special session, which will begin Monday October 29. As legislators convene next week, they are expected to take up the... More»
October 23, 2007Special Session Hearing Schedule Posted
The Maryland General Assemby posted the special session public hearing schedule (pdf) on its website today. The corporate tax legislation — rate increase, controlling interest and combined reporting — will... More»
October 18, 2007Special Session Approaches with Billions at Stake
Governor Martin O’Malley has called the General Assembly into a special session starting October 29 that promises to be a wild roller coaster ride of unknown duration and destination. The... More»
October 15, 2007Governor O'Malley Calls For Special Session
Governor Martin O’Malley today called for a special session of the General Assembly to begin two weeks from today, on October 29. The purpose of the special session will be... More»
October 5, 2007Daily Record: A Taxing Matter for Business
Today’s Daily Record takes a look at how the proposed personal income tax increase would impact Maryland businesses. The story examines how the individual income tax increase will impact pass-through... More»
October 2, 2007Chamber President Featured in the Frederick Chamber's Connector
The October edition of the Frederick Chamber of Commerce’s Connector newsletter, which was published today as an insert in the Frederick News-Post, features a column by Maryland Chamber President &... More»
October 1, 2007WSJ: Tax 'Fairness' in Action
Today’s Wall Street Journal features an editorial entitled “Tax ‘Fairness’ in Action,” that begins, “Every state has its problems, but we’re especially glad this month that we don’t live in... More»
September 25, 2007Governor O'Malley Introduces Slots Plan
Governor Martin O’Malley today released some preliminary details about his slots proposal. The Maryland Chamber applauds the Governor for including a slots proposal as part of his plan to deal... More»
Letter to the Editor: Controlling Interests
On September 15, the Baltimore Sun ran a letter to the editor by Lawrence F. Haislip on the topic of controlling interests. I’m finally getting around to posting it here.... More»
September 21, 2007Back to the Future: Captive REITs, Holding Companies, Combined Reporting
Jay Hancock from the Baltimore Sun posted an item to his blog about the Governor’s corporate tax announcement. A Chamber member pointed out that the examples he uses to make... More»
The Facts About Combined Reporting
Governor Martin O’Malley today introduced his plan to adopt unitary combined reporting. Combined reporting is a fundamentally different system of computing taxes with a new set of problems. Under current... More»
September 20, 2007Business Coalition Releases Tax Study
Today, we joined together with a coalition of Maryland business organizations to release a study analyzing the economic and fiscal impacts of tax policy options being discussed by state policy... More»
September 11, 2007Maryland Corporate Tax Facts
Recent news accounts and editorials have repeated the claim that only half of large corporations pay corporate taxes to the State of Maryland. A recent commentary by two State Senators... More»
August 15, 2007Report Makes the Case for Slots
Today’s Baltimore Sun features a story on an O’Malley Administration report that makes the case for slots. “Tens of thousands of Marylanders are voting with their feet and traveling to... More»
August 13, 2007Tax Policy Blog on "Meaningless" Corporate Tax Information
Chris Atkins, Senior Tax Counsel and Director of State Fiscal Projects at the Tax Foundation, posted an item on the Tax Policy Blog today addressing the corporate tax information that... More»
August 6, 2007The Business Monthly Features a Story on the Tax Study
The current issue of The Business Monthly features a story about the tax study currently underway. As I’ve mentioned before, the Maryland Chamber is part of an unprecedented collaborative effort... More»
Letter to the Editor: Incomplete data discredit tax report
In case you missed it, Saturday’s Baltimore Sun featured a letter to the editor from Chamber President and CEO Kathy Snyder about the misleading and incomplete corporate income tax data... More»
July 25, 2007Governor O'Malley Supports Combined Reporting
Today’s Baltimore Sun reports that Governor Martin O’Malley is seriously considering pushing for combined reporting. The Maryland Chamber believes that it’s a mistake to push such a major change to... More»
July 24, 2007Misleading Corporate Tax Info
The news media jumped on a press release from Sen. Paul Pinsky yesterday entitled, “New Report Shows Nearly Half of MD Corporations Paid No Tax.” According to Maryland Chamber Vice... More»
July 19, 2007Speaker Busch Discusses Budget Issues
I’m a little late on this one, but I noticed that the Gazette of Politics and Business posted a video of its editors interviewing Maryland House Speaker Michael Busch about... More»
July 13, 2007MACPA: Top 10 Criteria for Evaluating Proposed Tax Legislation
Over on the MACPA’s Legislative Insider Blog, MACPA CEO Tom Hood posted a list of 10 criteria for evaluating proposed tax legislation. This framework was developed by the organization’s State... More»
July 12, 2007Baltimore Sun: Budget Cuts Not Deep Enough
The lead editorial in today’s Baltimore Sun discusses the budget cuts approved by the board of public works yesterday. Given that the approved cuts amount to less than 1.5 percent... More»
July 11, 2007Chamber Supports Governor's State Budget Cuts
The Board of Public Works voted today to approve Governor Martin O’Malley’s first round of state budget cuts. The Maryland Chamber supports the Governor’s efforts to cut the state budget.... More»
July 10, 2007Delegate Norm Conway on the Budget Deficit
Today’s Daily Times features an interview with House Appropriations Committee Chairman Del. Norm Conway (D-Dist. 37B). The article focuses on the state’s budget deficit, potential tax increases, slots, and... More»
June 28, 2007MD Chamber President on WBAL This Afternoon
Maryland Chamber President and CEO Kathy Snyder will appear on WBAL Radio’s Ron Smith Show this afternoon around 4:45 p.m. to discuss Maryland’s budget deficit and looming tax increases. Blair... More»
June 12, 2007Chamber's Tax Committee to Meet with Franchot
The Maryland Chamber of Commerce Tax Committee will meet with Maryland Comptroller Peter Franchot on Wednesday, June 27, 2007, at 9:30 am, in the offices of Ober Kaler at 120... More»
June 7, 20072007 Mid-Atlantic Economic Symposium
Murray Financial Group held its annual Mid-Atlantic Economic Symposium yesterday in Frederick. Maryland Chamber President/CEO Kathy Snyder was one of the speakers, along with Richmond Federal Reserve Bank President Jeffrey... More»
May 1, 2007Washington Post: Miller Urges Special Session
Today’s Washington Post features a story in which Senate President Thomas V. Mike Miller Jr. calls for a special session of the General Assembly this October to deal with the... More»
April 11, 2007Headline of the Day: The Daily Times
A session wrap up piece in The Daily Times features the perfect headline: Fiscal ‘Day of Reckoning’ looms Lawmakers said that if the 2007 General Assembly session could be remembered... More»
2007 Session Recap
We’ve posted a preliminary recap of the session. We’ll expand on it later this week.... More»
March 30, 2007How They Voted: Senate B&T Tax Credit Disclosure
Here is yesterday’s Senate Budget and Taxation Committee vote on the tax credit disclosure bills, SB 614/HB 493. This legislation would have publicly disclosed proprietary business information and imposed burdensome... More»
March 29, 2007Tax Credit Disclosure Bill Defeated
Great news from Maryland Chamber Vice President of Government Affairs Ron Wineholt this afternoon. The Chamber and its allies defeated the tax credit disclosure bill that passed the House of... More»
March 27, 2007Bill Threatens Proprietary Business Information
The Maryland House of Delegates passed legislation (HB 983) that threatens to publicly disclose proprietary business information and impose burdensome reporting requirements on thousands of Maryland businesses. If your State... More»
March 23, 2007House Likely to Pass Tax Credit Dislosure Bill This Week
The House version of the tax credit disclosure bill, HB 983, has been approved by the Ways & Means Committee and will be on the House floor today. The House... More»
News & Notes for March 23, 2007
Rascovar: Showdown over health insuranceMiller says this extra tobacco tax revenue will be needed to close the state’s $1.5 billion budget deficit next year. He also notes the tobacco tax... More»
March 16, 2007Study Tax Structure Before Raising Taxes
Today, the Senate Budget & Taxation Committee will hear a briefing on Maryland’s transportation funding needs, followed by a hearing on SB 949, which would increase Maryland’s gas tax by... More»
News & Notes for March 16, 2007
Opponents decry tax proposalTestifying against the bill was Karen Syrylo, a tax consultant with the Maryland Chamber of Commerce, who said 40 percent of current state sales tax revenue is... More»
March 15, 2007Sales Tax Expansion Update
Yesterday the House Ways & Means Committee heard HB 448, legislation to expand Maryland’s sales tax base to cover numerous professional services. From the business community’s point of view, the... More»
March 12, 2007News & Notes for March 12, 2007
Health reform bill scaled backLegislators abandoned plans to give small-business subsidies to provide insurance to workers, and they eliminated a provision that would have required that higher-income individuals and families... More»
March 9, 2007Tax Credit Disclosure Bill Goes Too Far
The Maryland Chamber will today testify in opposition to a sweeping tax credit disclosure bill (SB 614) that would divulge proprietary business data, damage Maryland’s business climate, and be an... More»
March 8, 2007Sales Tax Expansion Bill to be Heard Next Week
The House Ways & Means Committee will hear HB 448 next week, on March 14. This is the bill that would expand Maryland’s sales tax base to cover a large... More»
March 6, 2007Slots Bill to be Heard Today
Senate President Thomas V. Mike Miller has introduced legislation, SB 950, to authorize slot machines in Maryland to help provide the funding needed for the 2002 Bridge to Excellence in... More»
March 1, 2007Legislation Would Expand Sales Tax Base to Cover Professional Services
The Maryland General Assembly is considering legislation to expand Maryland’s sales tax base to cover many professional services. This means many Maryland Chamber member businesses could find themselves having to... More»
February 27, 2007News & Notes for February 27, 2007
Tax-increase discussions under wayThe Maryland Chamber of Commerce has called on the General Assembly to tap economists and accountants to undertake a comprehensive study of the state’s tax structure. Kathleen... More»
February 1, 2007Support the Expansion of Maryland’s R&D Tax Credit
Next Wednesday, February 7, the Senate Budget and Taxation Committee will hear SB 232, Income Tax - Research and Development Tax Credits – Modifications. This legislation expands the existing research... More»
January 26, 2007News & Notes for January 26, 2007
New year, new governor, new outlookBusiness leaders are hopeful that more can get done this year on issues such as reducing the cost of health insurance for employers, while keeping... More»
January 11, 2007News & Notes for January 11, 2007
Curtain rises on ‘07 sessionIn addressing the House, Busch announced a broad legislative agenda that includes more money for school construction, an effort to expand health care coverage to at... More»
January 5, 2007News & Notes for January 5, 2007
Without partisan issues, how will session shape up? O’Malley has hesitated to take any concrete positions on specific issues, including the projected budget shortfall in future years, but business leaders... More»
October 23, 20062007 Business Agenda Released
During last week’s meeting of the Maryland Chamber’s Board of Directors, the Board adopted the Chamber’s 2007 Business Agenda. The agenda outlines the Chamber’s priorities for the coming year and... More»
April 12, 2006Highlights and Lowlights of the 2006 General Assembly Session
The Chamber took positions on 169 bills this session. Click here for the highlights and lowlights. Related info: The Gazette: Annapolis ’06: A collapse at the wire Assembly minds business... More»
March 8, 2006Chamber Fights For Estate Tax Reform
The Maryland Chamber’s State Taxation Consultant, Karen Syrylo, CPA, will testify today before the House Ways & Means Committee in favor of legislation to reform Maryland’s estate tax. Bills before... More»
February 28, 2006Legislation to Evaluate Tax Structure is Bad Policy
Today in Annapolis, the House Ways & Means Committee will hear HB 998, Income Tax Modification and Sales Tax Exemption Evaluation Act. This legislation would establish a formalized legislative review... More»
January 26, 20062006 State of the State Address
Governor Ehrlich delivered the State of the State Address this afternoon. You can read the entire speech on his website, here.... More»
January 11, 2006General Assembly Convenes Today
The 2006 General Assembly Session kicks off today. The Chamber’s top priorities for the next 90 days include: Sustaining the Governor’s vetoes of the Fair Share Health Care Fund Act... More»
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