Tag:

Budget Surplus

Maryland First In The Nation To Officially Suspend Gas Tax Maryland First In The Nation To Officially Suspend Gas Tax
Maryland First In The Nation To Officially Suspend Gas Tax Maryland has became the first state in the county to officially enact an immediate suspension of the gas tax. Governor Larry Hogan signed a bill on Friday, March 18, suspending the fuel tax in the state in the wake of record high gas prices with the average being $4.21 per gallon. The bill suspends the collection of the tax, which is $0.36 per gallon, for up to 30 days.  "This bipartisan action will provide some relief from the pain at the pump and it is possible because of the prudent fiscal steps we have taken, which have resulted in a record budget surplus,” Governor Hogan said. “This i…
Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda
Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda Lawmakers are facing some controversial issues on the legislative agenda ahead of Jan. 12: The opening day of the 444th session of the Maryland General Assembly. Among them, climate change and the legalization of recreational marijuana. They'll also have to decide how to manage a $4.6 billion budget surplus, which has been largely a result of federal pandemic aid. Democrats, who are in control of the General Assembly, say they want to make upgrades to parks, bridges, schools, and information technology systems a priority. Meanwhile, Gov. Larry Hogan, a Republican, is proposing what he…