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Busch: Tax credit for cybersecurity may expand
Maryland lawmakers will look at the possibility of expanding a tax credit aimed at boosting jobs in the growing cybersecurity industry around the nation's capital, House Speaker Michael Busch said.
Report: 201K in Md. eligible for health insurance tax credit
About 201,000 Maryland residents will be eligible for financial assistance from the federal government to help pay their health insurance premiums next year if they purchase a plan from the state exchange
Franchot’s health care tax credit push well-received by businesses
About 5,000 small businesses in Howard County will soon receive a letter from state Comptroller Peter Franchot urging them to apply for tax credits created by the Affordable Care Act to help offset the cost of providing health insurance to employees. Several of those business owners said they appreciate the outreach and welcome any information they can get about a law many still find confusing.
Md. passes tax credit for recycling oyster shells
Maryland lawmakers have passed a “No Shell Left Behind” oyster recycling tax credit that supporters hope will provide more of the empty shells needed by hatcheries to replenish the oyster […]
$37.3B budget favors fracking study, biotech and cyber-security firms
Gov. Martin O’Malley’s roughly $37 billion budget proposal to the General Assembly includes an increase in the money allocated for some business-friendly tax credits, $1.5 million to pay for studies into the safety of hydraulic fracturing and puts the state “on the verge” of closing what was once a $1.7 billion structural deficit.
Bill to repeal Md. coal tax credit revived
CUMBERLAND — State lawmakers from far western Maryland are fighting an effort to repeal a tax credit that rewards electric companies for buying Maryland coal. The Cumberland Times-News reports that […]
Governors call for renewing wind energy tax credit
The fate of a tax credit that advocates say is needed to maintain tens of thousands of wind energy jobs will be decided during high-stakes, last-minute negotiations between President Obama […]
Eye Opener: University plans problem gambling center
Here's a few government, business and politics headlines before you begin the move into weekend mode.
Sales of previously occupied homes up in April
WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend. An increasing portion of those […]
Tax on indemnity mortgages draws fire from business groups
ANNAPOLIS — Robert M. Bauman says no single measure passed by the General Assembly is particularly lethal to business in Maryland. But that doesn’t mean he thinks the legislature’s cumulative […]
Top court takes up tax-credit challenge
In a case that could turn a Howard County couple into folk heroes, Maryland‘s top court on Tuesday considered the constitutionality of the state’s refusal to deduct from city or […]
Baltimore City Council approves property tax cut plan
The Baltimore City Council has approved Mayor Stephanie Rawlings-Blake’s proposed property tax cut legislation. The plan approved on Monday calls for a newly created homeowners tax credit program that the […]
