“Signature feature of Hogan’s 2023 budget proposal: $4.6B retiree tax relief plan” WBAL: “The signature feature of the governor’s budget proposal is a $4.6 billion tax relief plan for retirees. The governor said he believes the time is right given the fact the state does not face a structural deficit and has a record surplus on the books not only for this year, but for years to come.” (David Collins, “Signature feature of Hogan’s 2023 budget proposal: $4.6B retiree tax relief plan,” WBAL, 1/19/2022)
“Proposed senior tax cuts get thumbs up from retirees, retirement communities” The Daily Record: “But the biggest piece of Hogan’s plan – the elimination of taxes on retirees to the tune of $4 billion over the next five years – has won immediate and widespread applause from retirees and their advocates, including the managers of the retirement communities that serve them.” (Pete Pichaske, “Proposed senior tax cuts get thumbs up from retirees, retirement communities,” The Daily Record, 1/18/2022)
“’Unprecedented:’ States invest in child care to recover pandemic losses” The Hill: “Several states have announced new programs that go beyond the federal spending. Maryland Gov. Larry Hogan (R) this week announced his state would provide an additional $50 million to child care providers, after those businesses snapped up $285 million in federal grant funding.” (Reid Wilson, “’Unprecedented:’ States invest in child care to recover pandemic losses,” The Hill, 1/20/2022)
“Gov. Larry Hogan Presents Budget, Pledging Tax Relief And Education Spending” WJZ: “The governor said his Fiscal year 2023 budget fits with some of the themes that propelled him to office as an underdog Republican: providing tax relief to Marylanders, creating a business-friendly environment in the state and fiscal responsibility.” (Staff, “Gov. Larry Hogan Presents Budget, Pledging Tax Relief And Education Spending,” WJZ, 1/19/2022)
“Gov. Hogan announces final-term fiscal plan” WBAL NewsRadio: “Gov. Larry Hogan laid out his last legislative budget plan for the 2023 fiscal year which calls for tax cuts, more money for police and what he called ‘record money for education.’ The budget includes $1 billion for school construction, millions on tax relief for seniors, and almost $4 billion in a rainy day fund.” (Phil Yacuboski, “Gov. Hogan announces final-term fiscal plan,” WBAL NewsRadio, 1/19/2022)
“Hogan Introduces $58.2 Billion Budget, Including Tax Relief Proposals” Maryland Matters: “The budget is built on an unprecedented level of fund balances and revenue growth. And, in addition to a $2.4 billion appropriation to the state’s rainy day fund, it would leave the state with a $1.3 billion structural surplus going forward.” (Danielle E. Gaines, “Hogan Introduces $58.2 Billion Budget, Including Tax Relief Proposals,” Maryland Matters, 1/19/2022)
“Hogan outlines plans for Maryland’s historic budget surplus” Washington Post: “Maryland Gov. Larry Hogan (R) unveiled a plan Wednesday to pour billions into construction projects statewide and eliminate all state income taxes for retirees by 2028, all while spending record amounts on state parks, education, police and more. The final budget proposal of Hogan’s tenure doles out a historic $4.6 billion surplus as the term-limited governor seeks to shape his legacy and cast himself as a bipartisan pragmatist.” (Erin Cox, “Hogan outlines plans for Maryland’s historic budget surplus,” Washington Post, 1/19/2022)
“With Maryland expecting a surplus and growing revenues, Gov. Hogan pushes tax cuts in final budget” Baltimore Sun: “The $58.2 billion proposal is a first step in budget negotiations in a year in which the state is flush with cash from a combination of federal aid, a resurgent economy and rebounding tax revenues. The Republican governor also attributed the state’s solid financial footing to ‘hard work’ and ‘a lot of tightening the belt’ over the last seven years.” (Pamela Wood, “With Maryland expecting a surplus and growing revenues, Gov. Hogan pushes tax cuts in final budget,” Baltimore Sun, 1/19/2022)
“Gov. Hogan’s final budget proposal makes bipartisan overture in hopes of getting tax cuts” WBFF: “The budget plan includes a $4.6 billion tax relief plan for retirees, a proposal that will be phased in over several years but could help attract and keep retirees to Maryland. According to Hogan, his retiree tax cut plan could remove 70,000 low-income seniors from the tax rolls in the first year.” (Mikenzie Frost, “Gov. Hogan’s final budget proposal makes bipartisan overture in hopes of getting tax cuts,” WBFF, 1/19/2022)
“Hogan reveals last fiscal budget as Maryland Governor” WMAR: “He pledged to leave the state with a $3.6 billion rainy day fund. Hogan wants to pass two more tax relief bills, during this year’s General Assembly. One is the Retirement Tax Reduction Act, which aims to gradually eliminate taxes on all retiree income over 6 years. If passed, Hogan says the law would immediately remove 70,000 lower-income seniors from tax-rolls. The other proposed bill is the Working Marylanders Tax Relief Act, that would permanently implement the refundable enhanced earned income tax credit that impacts nearly 300,000 families in the state.” (Ryan Dickstein, “Hogan reveals last fiscal budget as Maryland Governor,” WMAR, 1/19/2022)
“Maryland Governor’s Final Budget Focuses On Healthcare, Tax Cuts, and Education” DCist: “Maryland Governor Larry Hogan (R) announced his roughly $58.2 billion budget proposal for fiscal year 2023 – his last one as governor – with a focus on local health departments, food assistance, police funding, and education.” (Dominique Maria Bonessi, “Maryland Governor’s Final Budget Focuses On Healthcare, Tax Cuts, and Education,” DCist, 1/19/2022)
“In his final proposed budget, Hogan notes surplus, tax relief” The Herald-Mail: “Hogan said that rather than leaving a structural deficit, the administration will leave a budget surplus, including $3.6 billion in a rainy day fund. Around $9.7 billion will be allocated to local aid.” (Michael D. Garcia, “In his final proposed budget, Hogan notes surplus, tax relief,” The Herald-Mail, 1/19/2022)
“Md. Gov. Hogan Presents FY ’23 Budget” WGMD: “As he begins his final year in office, Maryland Governor Larry Hogan Wednesday presented his Fiscal Year 2023 budget plan – a plan he said would provide major tax relief for retirees and working families, makes record investments into education and school construction, and boosts the state’s Rainy Day fund. Hogan also said the budget would fully fund restoration of Chesapeake Bay while providing record funding to address mental health and substance use disorders.” (Mark Fowser, “Md. Gov. Hogan Presents FY ’23 Budget,” WGMD, 1/19/2022)
“Hogan Proposes $58B Fiscal Budget With a $3.6B Surplus” The Washington Informer: “During a press briefing inside the State House, the Republican governor said the spending plan includes $1 billion in school construction, $601 million towards higher education and $30 million for the More Jobs in Maryland tax credit program slated to help 84 small businesses and 3,540 jobs.” (William J. Ford, “Hogan Proposes $58B Fiscal Budget With a $3.6B Surplus,” The Washington Informer, 1/19/2022)
“Gov. Hogan announces $50 million in additional child care support grants” WMDT: “The Maryland State Department of Education has administered two rounds of stabilization grants utilizing $285 million of federal funding. With federal funds exhausted, Governor Hogan is taking action in his Fiscal Year 2023 budget to extend the program and provide additional relief to providers.” (Sarah Ash, “Gov. Hogan announces $50 million in additional child care support grants,” WMDT, 1/17/2022)
“Maryland Will Provide Another $50M To Child Care Providers For COVID-Related Expenses, Hogan Says” WJZ: “The Maryland State Department of Education has already used $285 million in federal funding to offer two rounds of grants to providers. With those funds ‘exhausted,’ Hogan said he is now adding grant programs to the budget for Fiscal Year 2023.” (Staff, “Maryland Will Provide Another $50M To Child Care Providers For COVID-Related Expenses, Hogan Says,” WJZ, 1/17/2022)
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