The 2026 General Assembly Session came to a close Monday, April 13th at midnight! A total of 2,654 bills were introduced, of which 887 bills were passed by both chambers over the course of this session, compared to 878 passed in 2025. Governor Moore presided over the first bill signing on February 17th, 2026, the [...]
Maryland’s revenue outlook showed a slight improvement in the latest update from the Board of Revenue Estimates, which occurred on December 12, 2025. However, state fiscal leaders emphasized that the gains fall well short of resolving the significant budget challenges ahead. Projected general fund revenues for FY27 increased modestly by $9.1 million since September, bringing [...]
Photo courtesy of The Office of Governor Moore Governor Wes Moore told county leaders this week that he does not plan to propose tax increases to address Maryland’s projected budget shortfall in the coming fiscal year. Speaking at the Maryland Association of Counties’ winter conference in Cambridge, Moore acknowledged the fiscal challenges ahead, [...]
During yesterday’s Spending Affordability Committee meeting, the Department of Legislative Services (DLS) shared its updated budget projections for the next six years. The briefing informed lawmakers that, contrary to earlier forecasts, fiscal 2027 is now projected to end with a shortfall of nearly $1.5 billion, which is almost five times larger than predicted this spring. [...]
Maryland lawmakers will convene this afternoon for a virtual briefing before the Spending Affordability Committee, the Senate Budget and Taxation Committee, the House Ways and Means Committee, and the House Appropriations Committee. The Department of Legislative Services (DLS) will present an updated fiscal outlook showing the state facing a projected $1.4 billion budget gap for the coming [...]
The 2025 General Assembly Session came to a close Monday, April 7th at midnight! A total of 2,605 bills were introduced, of which 878 bills were passed by both chambers over the course of this session, compared to 1,053 passed in 2024. Following tradition, Governor Moore presided over the first bill signing on April 8, the day [...]
Maryland’s economy is facing potential turbulence due to federal job reductions and spending cuts, according to a recent Moody’s Ratings report. Senate President Bill Ferguson (D-Baltimore) cautioned that the state must prepare for what he termed a “Maryland recession,” given its heavy reliance on federal employment and funding. “This will be acutely felt by the [...]
Maryland legislators are considering a proposed bill to expand the state’s sales tax to certain business-to-business services, a measure that could generate approximately $1 billion in revenue, according to House bill sponsor Delegate David Moon (D). The proposed 2.5% tax, also cross-filed in the Senate by Senator Shelly Hettleman (D-Baltimore County), would apply to services [...]
Governor Wes Moore presented his proposed Fiscal Year 2026 state budget for the Moore-Miller Administration this week. With a clear goal to encourage economic growth and manage the state’s $2.7 billion deficit, Gov. Moore’s proposal includes a plan to generate economic growth in Maryland and tax code reforms. These tax code reforms will increase individual [...]
The Board of Revenue Estimates, which includes Comptroller Brooke Lierman, Treasurer Dereck Davis, and Budget Secretary Helene Grady, met recently to review December revenue projections for the current and upcoming fiscal year. While projections show a slight revenue increase, the budget gap is expected to grow to approximately $6 billion by fiscal 2030. Maryland is [...]
