Commentary: Peter Franchot On Investing Maryland’s Surplus

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A roadmap for Maryland‚Äôs historic and one-time $6 billion surplus, By Peter Franchot Maryland has an extra $6 billion in its bank and a once-in-a-lifetime opportunity to invest in meaningful, life-changing ways that deliver immediate results for our citizens. With rising COVID cases, we must use our historic surplus to help fellow Marylanders who continue…

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Md. Unveils $250-Million Economic Relief Package

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Maryland Governor Larry Hogan said Thursday that the state will allocate money from the Rainy Day fund toward the $250-million Maryland Strong: Economic Recovery Initiative. Maryland restaurants, small businesses, arts organizations, entertainment venues and Main Street programs could qualify for direct assistance under this program. Hogan said he took the action as the federal government…

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Operation We Care Receives Schaefer Award

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Operation We Care has received the Wicomico County William Donald Schaefer Helping People Award.Maryland Comptroller Peter Franchot bestowed the honor virtually upon its founders Jeff and Diana Merritt.Operation We Care was recognized for its efforts to help first responders and military personnel.“Whether providing personal protective equipment for first responders, delivering meals to law enforcement or…

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Md. Revenues Boosted, But COVID-19 Concerns Remain

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Maryland revenue forecasters are projecting revenues of $18.7-billion for Fiscal Year 2021 and $19.7-billion for FY ’22.The Maryland Board of Revenue Estimates Tuesday boosted last May’s unofficial estimates by $1.4-billion for Fiscal Year 2021.Fiscal Year 2022’s revenues are up $2.1-billion.Comptroller Peter Franchot says Maryland is still influenced by volatile nationwide and worldwide factors, although numbers…

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Maryland Processes Over One Million Tax Returns

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The Office of Maryland Comptroller Peter Franchot says that his office has processed more than one million individual income tax returns for tax year 2018. The one-millionth electronic return was submitted by a Frederick¬†County tax filer. As of Thursday, more than 1.1 million electronic and paper returns have been processed, with almost 95 percent of…

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Maryland Lawmakers Consider Changes to School After Labor Day Law

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Several Maryland State House committees have approved a bill that would give local school districts the option of returning to starting the school year before Labor Day. The 2017-2018 school year was the first in Maryland to start after Labor Day, after an executive order, championed by Comptroller Peter Franchot was signed by Governor Larry…

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MD Comptroller Peter Franchot On the Road Promoting MD Tourism

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Maryland Comptroller Peter Franchot will be on the road this week to promote Maryland tourism.¬† On Tuesday he‚Äôll be on the shore with a stop at the Salisbury Zoo and a stop in Ocean City as he highlights family-friendly destinations from the mountains to the ocean ‚Äď and everything in between.¬† Franchot reminds visitors that…

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