To relieve budget pressures and address structural shortfalls that are projected to grow to approximately $3 billion by fiscal year 2029, legislators have introduced SB 766 (HB 1007) to implement combined reporting for corporations doing business in Maryland. Other tax revenue generating changes in the bill include - raising taxes on people whose income is [...]
On Thursday the Board of Revenue Estimates revised its fiscal 2024 and 2025 estimates to reflect a $120 million and $134.9 million negative change in estimated tax revenues. Slowing withholding collections is the cause of reductions in the personal income tax forecast. Additionally, fiscal 2024 sales tax estimates were revised down by $34.7 million. There [...]
Governor Moore recently announced the Moore-Miller Administration's 2024 Maryland General Assembly’s legislative agenda. This 16-bill package focuses on making Maryland safer, more affordable, more competitive, and making Maryland the state that serves. The Moore-Miller Administration included three bills focusing specifically on Public Safety. The Victim Compensation Reform Act, SB 471, would provide quicker access to [...]
Amid large state fiscal challenges, progressive groups and lawmakers are hoping to pass a variety of tax reforms. Once fully phased in, the yet-to-be introduced bill would raise $1.6 billion for the state general fund annually which could potentially offset the large projected budget deficits. Additionally, this increased tax revenue could pay for tax credits [...]
Manis Canning & Associates (MCA) is extremely proud to celebrate its 50th year of advocacy in Annapolis! MCA’s roots date back to 1974 when George Manis began representing the Motion Picture Association of America, a nationally respected Association that remains a valued MCA client to this day. Since that time, Manis Canning has grown to [...]
2024 is off to a great start for Baltimore City's newest neighborhood Baltimore Peninsula! Recent reporting and commentary in local and national newspapers showcase the neighborhood's latest developments and uplift the City as a whole. Below you'll find a few snapshots hot of the press: An article in The Baltimore Sun: covered the renaming of a [...]
The Legislative Black Caucus of Maryland held a press conference announcing its legislative priorities for the 2024 general assembly session. The priorities fall into five major issue areas: Health & Environmental Justice, Housing & Transportation, Black Wealth & Black Businesses, Education Equity, and Justice & Public Safety. HEALTH & ENVIRONMENTAL JUSTICE Maryland Maternal Health Act of [...]
Governor Moore released details yesterday of the Moore-Miller Administration's Fiscal Year 2025 proposed budget. The $63.1 billion plan follows a fiscally responsible framework to respond to the state’s budget challenges while making record investments in priorities that will make Maryland safer, more affordable, more competitive, and the state that serves. “This budget makes our values [...]
This past Wednesday, Attorney General Brown announced his 2024 legislative agenda focusing on increased access to quality affordable healthcare. He stressed the importance of increased fairness within the sector and aims to hold wrongdoers accountable for harm they cause to Marylanders. “Our legislative agenda is focused on protecting the health, safety, and well-being of Marylanders,” [...]
The Maryland Department of Transportation announced Jonathon Daniels as the new executive director of the Maryland Port Administration. Daniels will be taking over for Brian Miller who served as interim executive director after the resignation of William P. Doyle last June. Jonathon Daniels has an abundance of experience in port and economic development. Most recently, [...]
