Maryland Lawmakers Discuss $300 Million Tax Relief Package – CBS Baltimore

ANNAPOLIS, Md. (AP) – Lawmakers in the Maryland House of Representatives outlined a tax-free package on Friday that would transfer about $300 million over five years to working and middle-class families, in part by cutting state sales taxes. state for items like diapers, car seats, and diabetes care products.

House Speaker Adrienne Jones made the announcement along with other House leaders and delegates who are sponsoring the legislation. The speaker said despite federal support to address the impact of the COVID-19 pandemic and record state relief money approved last year, families are still struggling to make ends meet. live and cover basic needs.

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“As the prices of basic goods continue to rise, it is becoming harder and harder for working-family budgets to keep up with rising costs,” said Jones, a Baltimore Democrat. “It’s clear that any excess cash we can put back into the pockets of struggling Marylanders and increase their budgets will make a difference.”

Under one measure, the state’s 6% sales tax would not apply to baby products such as diapers, car seats and baby bottles. Another proposal exempts sales tax on oral hygiene products such as toothbrushes and toothpaste.

Sales tax will also not apply to diabetes care products, according to another invoice in the product package.

Del. Vanessa Atterbeary, a Howard County Democrat who chairs the House Ways and Means Committee.

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Del. Eric Luedtke, a Democrat of Montgomery County, is sponsoring a bill to create state compliance with the federal Employment Opportunity Tax Credit for employers who hire and keep people. Workers from underrepresented communities regularly fight for job opportunities.

Target groups for the credit include people who receive Temporary Needy Families Assistance, veterans, people experiencing long-term unemployment, people whose families receive benefits. Supplemental Nutritional Assistance Program, as well as those in certified physical or mental disability.

“This program is proven to break the unemployment cycle for participants,” said Luedtke, majority leader in the House of Commons.

The sales tax exemption, which will be permanent by law, will apply to everyone. The work opportunity tax credit will apply for tax years from 2022 to 2028.

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https://baltimore.cbslocal.com/2022/02/18/maryland-lawmakers-discuss-300m-tax-relief-package/ Maryland Lawmakers Discuss $300 Million Tax Relief Package – CBS Baltimore

Jake Nichol

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