71 days ago - Marylanders’ tax dollars don’t go as far in maintaining the state highway system as Virginians’ money does, according to a study released Thursday.

Auditors cite problems with state tax collection

157 days ago - State auditors found a number of problems with state tax collection in a report released Tuesday, including the failure to track down residents who had high incomes but filed no state tax returns. The state comptroller’s office also failed to identify taxpayers who claimed deductions and credits but did not report them on their federal tax returns as required.

Bill would extend green tax credit to home building

158 days ago - Baltimore County homeowners who invest in eco-friendly houses — which may include anything from energy-efficient dishwashers to locally purchased bricks — could be eligible for a new three-year property tax credit under a proposal before the County Council.

Maryland ratepayers to save $225M starting in 2011 under federal ruling

164 days ago - Maryland ratepayers will save an estimated $225 million for electricity between June 2011 and May 2012 under a Federal Energy Regulatory Commission ruling handed down earlier this month, the state’s Public Service Commission said Tuesday.

Assembly repeals tech tax, passes millionaires tax

187 days ago - Thousands of IT firms, Web designers and computer whizzes are breathing easier after the Maryland General Assembly over the weekend repealed a sales tax it slapped on their work in November, replacing it with a new income tax on residents earning more than $1 million a year.

Full Senate close to repealing tech tax, increasing surcharge on millionaires

190 days ago - The full Maryland Senate on Thursday night was poised to repeal the 6 percent computer services sales tax and pass a new surcharge on taxable incomes over $1 million.

Md. IT businesses applaud vote in committee to repeal tech tax

190 days ago - While Maryland’s information technology businesses were thrilled by the Senate Budget and Taxation Committee’s vote Wednesday to repeal the 6 percent computer services tax, Larry Fiorino was surprised to hear IT customers were just as happy.

Committee votes to ax computer tax

191 days ago - The Senate Budget and Taxation Committee voted 10-5 to repeal the 6-percent computer services sales tax they had passed in November. The senators voted to replace half of it with a three-year surcharge on incomes over $1 million, and also moved $50 million out of the transportation fund. They also told the governor to come up with another $50 million in budget cuts.

Negotiators eyeing auto insurance reserves to replace tech tax

193 days ago - Negotiators from the Maryland Senate and House of Delegates made slight progress on resolving their budget differences Monday, but the lawmakers did identify a new pot of cash they might tap to help fund the repeal of the computer services tax.

Lobbyists target Zirkin to repeal computer tax

193 days ago - Baltimore County Sen. Bobby Zirkin was a loud opponent of the computer services sales tax enacted in November’s special session. Now he’s one of the few senators on the Budget and Taxation Committee who are the focus of intense lobbying to repeal it, replacing half of it with a surcharge on millionaires.

Computer services tax repeal tied to surcharge on millionaires’ income

197 days ago - Gov. Martin O’Malley is “going to have to get the votes” to replace the new computer services sales tax with a surcharge on the incomes of millionaires plus transfers and budget cuts, Senate President Thomas V. Mike Miller said Thursday.

IT tax repeal has strong backing; replacement funds weighed

198 days ago - Lawmakers really, really want to repeal the computer services sales tax they passed in the wee hours of November’s special session. But they haven’t quite figured out how to replace the money they hoped to rake in.

O’Malley supports tech tax repeal if replacement revenue can be found

211 days ago - Gov. Martin O’Malley said he would support repealing the new 6 percent computer services tax, as long as lawmakers can come up with funding alternatives to fill the gap, such as the income tax increase on millionaires he had proposed in September. The governor called that “a fair alternative.”