Connect with us

Hi, what are you looking for?

OMD NewsOMD News


$1.3B Increase Taxes and Online Gambling – Maryland House Proposes Education and Transportation Plan !

House Proposes Controversial Revenue Measures to Address Education and Transportation Funding

Maryland House Pushes $1.3 Billion Revenue Plan Amid Senate Skepticism

CBS – A budget showdown is looming at the Maryland General Assembly as House leaders propose a $1.3 billion plan to cover future education and transportation costs. However, Senate leaders believe the plan is too hefty given the current economic climate. The House’s proposal includes increase taxes, fees, toll hikes and the legalization of internet gambling to generate revenue.

House Speaker Adrienne Jones emphasized the need for sustainable solutions, particularly to support the state’s K-12 education funding plan, the Blueprint for Maryland’s Future. While the Senate’s budget fully funds the blueprint for the next fiscal year there is uncertainty about future funding. The House’s plan involves internet gambling revenue and corporate tax reform to address this issue alongside adjustments to vehicle taxes and tolls to tackle transportation funding challenges.

READ ALSO: Expanded Child Tax Credit: Potential Increase In Approved Amounts For 2024 Families

Budget Standoff: Governor Moore Cautious as House and Senate Clash Over Maryland’s Fiscal Future

Governor Wes Moore has expressed caution regarding tax increases, preferring fiscally disciplined approaches for economic growth. However, House leaders argue that the current budget is not sustainable, especially concerning transportation funding shortfalls. As the General Assembly works towards adjournment on April 8, reconciling differences between the House and Senate budgets will be crucial in determining Maryland’s financial path forward.

READ ALSO: Energy Efficient Home Improvement Credit: Know If You Are Eligible To Receive This Credit!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


There is finally an update on 4th stimulus check for Social Security Recipients! Individuals who receive Social Security benefits can expect to receive a...


The attack using 14 military choppers that Russian President Vladimir Putin planned was destroyed by Ukraine using US-supplied long-range tactical missiles. Russian President Vladimir...


The Biden administration has announced recently that it plans to increase the monthly payments of seniors and veterans to $2,000. $2,000 in Monthly Payments...


In Texas, this September the SNAP payments will end, worth up to $1,691, on Friday. The household income determines eligibility. A single-person household must earn more than...