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Hogan, lawmakers, announce agreement on $1.86B in tax relief

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ANNAPOLIS, Md. (AP) — Maryland Gov. Larry Hogan and leaders in the legislature have reached a $1.86 billion agreement for tax relief over five years for retirees, small businesses and low-income families.

Officials announced Monday that when combined with a recently enacted gas tax suspension, the legislative session will deliver nearly $2 billion in tax relief. The Republican governor called the bipartisan deal “the largest tax cut package in state history with major and long-overdue relief for Maryland’s retirees.”

The tax relief agreement comes at a time when the state has billions of dollars in surplus that has resulted from enormous federal aid to address the COVID-19 pandemic.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

 

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BALTIMORE (AP) — The U.S. Coast Guard says crews will try to free a container ship that's been stranded in the Chesapeake Bay for more than two weeks. The Coast Guard, Maryland Department of the Environment and Evergreen Marine Corporation will make an initial attempt to refloat the Ever Forward at noon Tuesday after more than a week of dredging. If the ship isn't refloated Tuesday, dredging will start again […]

today03/29/2022 2

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